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301  Bitcoin / Bitcoin Discussion / Re: Bitcoin adoption in coming years, merchants will be left behind on: October 29, 2023, 02:10:43 PM
Few minutes to my bed time, few words on the Deloitte research struck thoughts of future adoptions in me. Don't know if it's speculative, but seems like a real occurrence, we can relate to it.
The participation of Deloitte is great because they are top four in audits and I see we actually need their participation in cryptocurrency market. They with their company sizes surely don't want to take risk with cryptocurrency because they know if they do something wrong with audits, their companies will collapse like Enron and their audit company, MCI.

MCI, Inc. (formerly WorldCom and MCI WorldCom)
Enron.

What do you think about future of Deloitte if they audited FTX and the exchange gone after a few days? Deloitte will go to the hell as well and I am sure they won't take risk with cryptocurrency companies, exchanges too soon.

Anyway this report from them is good signal that they are slowly changing their standpoint on cryptocurrency.
302  Bitcoin / Bitcoin Discussion / Re: Whether Bitcoin ETFs are approved or not, we expect bullish trend on: October 28, 2023, 10:37:41 AM
I don't think so, ETF approvals are the main thing these days, the most awaited events. For sure for the long term it will not really depend on it but for the short term, it is really important especially if you are a trader, you will see very volatile price actions.
I think differently than you. I believe the new bull run will start with a Bitcoin halving in 2024 and that event will be shilled on media to warm up Bitcoin market several months before the halving, like the first quarter of 2024.

A few months after halving, market will be heated up enough and maybe we will have a first Spot Bitcoin ETF in USA. It, if approved, will be a final big news to help Bitcoin making a new all time high. Then we will go with another long bear market that might start in second half of 2025 and will end in middle or late of 2027.
303  Alternate cryptocurrencies / Altcoin Discussion / Re: blockchain DeFi wallet on: October 28, 2023, 05:25:15 AM
blockchain.com claim that they introduce bitcoin DeFi wallet to give users control over their funds, as non-custodial wallet and private keys belong to you .

i tried to get the private keys for the defi address i did not find it , only public key .
You will have public addresses that you can use to receive coins or tokens sent to you by yourself (from your other wallets) or from other people.

Nothing calls as DeFi address!

Did you read this guide?
Blockchain.com Wallet 101: What is a DeFi wallet?
What is the difference between DeFi Wallet and Blockchain.com Account?

If you can not get a private key, confused to practice it, you can simply send coin, token to a new wallet that you have private key.

You can use other wallets too.
[BIG LIST] Ethereum Wallets (121 wallet). DeFi projects are built with smart contracts that work on EVM. Ethereum blockchain is a main blockchain for smart contract projects and many new altcoin blockchains start with ERC20 before their teams built their own blockchains.
304  Other / Meta / Re: There Must be child Board With the Name of "Location" in local boards. on: October 28, 2023, 03:41:29 AM
Threads name be like in location child board in Pakistan....

1. Lahore
2. Karachi
3. Islamabad
4. Faisalabad .....etc
Bitcoin talk forum allows users to protect their privacy and anonymity and you will not want to tell other members where you are living in. A nation is enough and a location like a province, city ... will like more risk to dox you.

Bitcoin talk is not a social media platform like Facebook, Twitter to show your check-in locations and lose your privacy forever. You can like this idea but I believe most of users are against this idea.
305  Bitcoin / Bitcoin Discussion / Re: Bitcoin is health and health is Bitcoin. on: October 28, 2023, 03:37:43 AM
I have being unhealthy for a while but to read and make a research of coin I should invest , but due to health issues I could not make research.

in summary without a good health you will not think out of good project to invest. so without a proper health I don't think Bitcoin investment can be actualize.
I wonder if you don't have enough health and time to do research for your investment, why are you here and make this post?

With this thread made by you, I think you can do your research, due diligently before invest in Bitcoin.

I really hope you don't want to invest in altcoins because they are so scam and your due diligent research many times will not help you to avoid scam altcoins. Stick with Bitcoin and save your time for research about it, risky for investment or not. At least it is a safest cryptocurrency for you to invest.

You will narrow your task to research on how to store your bitcoin safely.

Non custodial, open source wallet and you will be able to store your bitcoin safely.

Reminder: do not keep your money in online accounts
306  Economy / Trading Discussion / Re: Binance is reported by Senator Cynthia Lummis on: October 27, 2023, 03:07:36 PM
Binance will simply comply and I know they will but for me this is just clearly a FUD again especially to those who was close to SBF and FTX. I don't think it was a coincidence that the lawsuit on timing when Bitcoin is making some moves. Tether has already released their statement and I couldn't agree more.
https://tether.to/en/tether-reinforces-stance-against-cryptos-terrorist-utilization-urges-governments-to-fact-check-mainstream-medias-misinterpretation-of-data/
Binance is different than FTX. At least they proceed billions of user withdrawals smoothly and their exchange did not collapse after a few days like FTX because of insolvency. I don't know what will happen with Binance in future but based on the past, they are better than FTX.

They will surely comply with regulations if they want to keep their business running and I really believe they will not want to shut down their profitable business. Comply with governments and get more money from business operation is good enough for Binance.

The lawsuit from the Senator is not like FTX case.
307  Economy / Exchanges / Re: Exchanges allowing fixed monthly investment in BItcoin on: October 27, 2023, 02:58:29 PM
You can not get complete security when you give away your bitcoin ownership and make them handle it.

Using centralized exchange to store your coin is out of the option. As others suggest, you should manage your own coin, it's okay if you want to routinely buy bitcoin from an exchange, but it will be good move out of it and to the wallet you control. That goes, the secure option is to learn by yourself about how to properly secure your wallet, be it using a hardware wallet or a cold storage option.
Being self custody is a best for Bitcoin investors. You control your keys, you control your coins and you will not have to mind what will happen to any centralized exchange. Their collapses can cause Bitcoin market to crash but Bitcoin is not dead so its price will recover after black swan events.

If you store your bitcoins on centralized exchanges, anything bad happens to them will result in your loss.

Two choices, two big differences for your ending so let's make your right choice.
308  Economy / Trading Discussion / Re: Binance is reported by Senator Cynthia Lummis on: October 27, 2023, 07:17:28 AM
The lawsuit was brought because the ceasefire between Israel and Hamas was brokered by Binance.

that's the accusation that the senator dropped for binance and has been reported,
I did not a full document of the lawsuit and only what you quoted, that are points you want to discuss. From those points, I can say, in my opinion, the lawsuit means non sense.

It happens with all centralized exchanges, decentralized exchanges and stable coins or more expansion all cryptocurrencies. So why the Senator attacked only Binance and Tether companies?

First it is not a fair lawsuit case. Second, I don't see valid points to support the Senator to win the lawsuit against Binance and Tether companies.

They can have preventive layers to prevent or reduce money laundering as part of their AML procedure but they can not block all illegal money comes to their platforms. In the USA., their governments can not control guns and Gun Violence Archives still occur. So if they want to borrow that there are holes in Binance and Tether companies for dark money to come in for money laundering, to shut down those companies or with strict punishments, they are playing a dirty game.
309  Bitcoin / Bitcoin Discussion / Re: UK passes bill to enable authorities to seize Bitcoin used for crime on: October 26, 2023, 03:52:35 PM
I saw this today on Cointelegraph: https://cointelegraph.com/news/uk-bill-seize-bitcoin-passed

Who is seizing stolen and bitcoin used in illegal activities before in United Kingdom?.
If you store your bitcoin in non custodial wallet and you secure it, nobody can steal it or seize it and take it away from you.

Exception is if you use a malicious wallet that has back doors for developers to steal your bitcoin. So you have to be careful when choosing a wallet. Let's use open source wallet software because community experts can reproduce it from source code and review it.

Need a wallet?
Open source, non custodial to go.

Need a wallet review?
https://walletscrutiny.com/

Exception is if you made criminal activities and you get caught by police like Jimmy Zhong. Then they will be able to seize your bitcoin by getting your private key, of course they get it from you.

310  Bitcoin / Bitcoin Discussion / Re: Bitcoin Surpasses Tesla, Ranks 11th Globally on: October 26, 2023, 11:42:10 AM
According to the latest data from 8marketcap, Bitcoin's market capitalization has surpassed that of Tesla, now ranking as the 11th largest global asset by market value. Bitcoin's market capitalization is approximately $676.6 billion with a 14.13% increase in the past 24 hours, while Tesla's market capitalization stands at around $673.1 billion with a 0.04% increase in the same period. This sounds crazy.
Bitcoin has high volatility and its rank on Top assets by market cap will change quickly.

I don't know where did you get this information, is it from any news website?

If you want to get it by yourself, you can use two following websites. By the way, Bitcoin has yet reclaimed its all time high about $70,000.
https://companiesmarketcap.com/assets-by-market-cap/
https://8marketcap.com/
311  Bitcoin / Bitcoin Discussion / Re: Blackrock ETF Discussion on: October 26, 2023, 10:32:55 AM
The chances of an ETF being approved inside US is still minimal whereas there are a bunch of ETFs in a lot of other countries around the world already Tongue
In other words people are still making ETF much bigger than it really is and the hype is not even as big as some people speculate and even link it to the recent small rise. It is not the first time there is such hype and when something is "overused" it loses its hyped nature...
They are making Bitcoin Spot ETFs and Bitcoin Spot ETFs in the USA. bigger than those services actually are.

Their exaggeration of Bitcoin Spot ETF importance instantly reminds me about some similar exaggeration in the past, with Bitcoin Futures. In 2017, Bitcoin Futures is something like dream and I can not forget how CME and CBOE Bitcoin Futures gave Bitcoin very last booster to its 2017 all time high.

After 6 years, now in 2023, what are importance of Bitcoin Futures?
How many Bitcoin Futures we have today in 2023?
More interesting question, how many Bitcoin Futures in 2022 when Bitcoin was below $16,000 that is lower than 2017 all time high?
312  Economy / Trading Discussion / Re: Do Not Lose Everything Youve Gained in One day, or One Trade on: October 26, 2023, 01:05:27 AM
Most people are simply not fit for using leverage, or even trading in general. Overall in my entire time in the crypto space, I made most of my money just trading altcoins using spot. Leverage always managed to mess me over due to those sharp wicks, despite me being directionally correct.
Leverages are for gamblers and I say so because most of traders are not professional traders. They are not winners but losers and if they can not get profit from Spot trading, how do they get profit from Leverage trading?

I am sure they will lose more money to Leverage trading and even lose at faster rate than with Spot trading.

Trading altcoins are risky too and you have to choose altcoins will less risk of rug pulls, sudden inflation from their Mint functions to protect your capital. I am not sure what you did but with me, I prioritize Proof of Work altcoins than Smart Contract altcoins for Spot trading. I usually wait for each bull run to start trading altcoins when risk is smaller and at least I know most of coins will rise or don't fall in a market bull run.
313  Other / Meta / Re: Idea of Pinning an Bitcoin resources Post. on: October 26, 2023, 01:01:31 AM
So I have a idea: Let's create one really helpful post that lists the best resources for beginners to learn about Bitcoin.
After that Mods can pin this post to the "Beginners and Help" Board so that new members can easily find all the information they need. This will make it very easy for newbies to get started with Bitcoin.
Did forum already have a big thread for new users?

Newbies - Read before posting. That topic is pinned, it's a sticky thread. If a newbie is ready to learn, from that topic he will get many links to other educational, informative topics.

In Beginners & Help board, there are four sticky threads that are enough to start for newbies.

[Bitcointalk sticky threads] Newbies - read before starting.
314  Bitcoin / Bitcoin Discussion / Re: Michael Saylor talks about Bitcoin, and you WILL be disappointed on: October 25, 2023, 01:16:24 PM
Of course, it is not realistic to believe that he will never sell the BTC he bought (and is still buying), but maybe he will sell only a part when the price is such that he will be able to return his total investment, and at the same time he will still have enough BTC left.
Saylor is doing Dollar Cost Averaging for buying Bitcoin and he will apply DCA for taking profit his bitcoin too.

I agree with you that he is smart enough to not dump all bitcoins he has on the market with one order or within one day or a couple of days. Doing DCA for exit price will help him to get better profit by don't have to find market tops and can avoid panic on the market because of selling pressure from Saylor and Micro Strategy.

(SSS) - A Sane and Simple bitcoin Savings plan.

SSS plan looks good for Saylor to take profit.
315  Bitcoin / Bitcoin Discussion / Re: 7,000 bitcoins locked on USB stick. Owner not rushing to unlock them on: October 25, 2023, 11:09:37 AM
The OP didn't find anything that wasn't already found and published on the forum, and he could have easily placed his post in one of the topics that already exist. This information was published in the topic you linked, and was originally published 2.5 years ago by @DdmrDdmr
I did not know about that information and I did not know about Stefan Thomas until this year when I saw a forum member posted about it, before OP of course.

I knew the second case that was repeatedly talked on media, the man who lost his disk in a landfill. I understand that people who lost bitcoin will try at best to recover their wallets until they can not breath.

With Stefan Thomas, it's so strange that he chose to use that risky method to store his wallet and he did not have other backups. Backing up wallets like this is very dangerous and I read many times and also advise many members that they must do some different backups of a wallet.
316  Bitcoin / Bitcoin Discussion / Re: Bitcoin scaling: Revisiting the 2015 debate on: October 25, 2023, 02:21:32 AM
Bigger blocksize will be non-sense if nobody uses it. Roger Ver and his scam team, made Bitcoin Cash, a scam fork from Bitcoin source code to scam investors.

They said Bitcoin Cash is a real Bitcoin, focuses on Satoshi Nakamoto's vision. That coin has a better blockchain with bigger block size but 6 years after 2017 fork, that Bitcoin Cash blockchain is a dead chain if we compare it to Bitcoin blockchain.

Comparison of two blockchains in their network hash rates.
https://bitinfocharts.com/comparison/hashrate-btc-bch.html#alltime

Bitcoin Cash is dead.
317  Bitcoin / Legal / Re: IRS proposes unprecedented data-collection on crypto users on: October 25, 2023, 02:12:46 AM
They can bend terms, laws and create new laws to regulate crytocurrency market more and to get more tax for government.

The PATRIOT Act comes to cryptocurrency
Why KYC is extremely dangerous - and useless?

Don't do KYC, use DEX as much as you can do.
No-KYC Exchange Encylopedia
https://bitcoiner.guide/nokyconly/
https://kycnot.me/
318  Bitcoin / Bitcoin Discussion / Re: 7,000 bitcoins locked on USB stick. Owner not rushing to unlock them on: October 24, 2023, 01:40:18 PM
Quite an interesting article from Wired:

"They Cracked the Code to a Locked USB Drive Worth $235 Million in Bitcoin. Then It Got Weird"
https://www.wired.com/story/unciphered-ironkey-password-cracking-bitcoin/
I remember him as early October, one topic about it.
Two guys that have lost their Bitcoins forever
This man owns $321M in bitcoin — but he can't access it because he lost his password.

With 2 attempts left, he does not want to take risk and lose his bitcoins. Maybe he stays quietly, does nothing with hope that some advanced technology in future can help him to break it.

Quote
I believe this is his bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=2211 - he has been inactive since 2015.
You did a great job to find his account in Bitcointalk. Likely so because that account has a link to Twitter: https://twitter.com/justmoon

I am sad to see he left the forum. I also found a troll topic in 2014.
[400 BTC LOST] Can someone help me to contact Stefan Thomas from WeUseCoins.com?
319  Bitcoin / Bitcoin Discussion / Re: The Man Who Stole Over 51,680 Bitcoin on: October 24, 2023, 10:16:46 AM
The man, Jimmy Zhong, hid himself very well many years but with time, he believed he was already safe and began to make mistakes.

He left traces after he generously gave away bitcoin but he did not realize that his bitcoin distributions are good traces for governmental agencies to trace him. Eventually he was caught with Bitcoin backup stored in a popcorn tin.

U.S. Attorney Announces Historic $3.36 Billion Cryptocurrency Seizure And Conviction In Connection With Silk Road Dark Web Fraud
320  Other / Meta / Re: [TIPS] to avoid plagiarism on: October 23, 2023, 01:42:57 AM
AI becomes more popular and shit posters in Bitcoin Talk use AI to make AI posts. Those posts are plagiarism and if you see AI posts, report them to help moderators delete those zero-value posts and ban shit posters.

Post/Thread Writing With AI - For Faster Signature Campaign Rewards - Easy & Fun.

Thread for your reports against AI posts.
AI Spam Report Reference Thread.
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