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3081  Other / Beginners & Help / Re: Why aren't more businesses and investment funds buying Bitcoin? on: November 05, 2020, 01:40:00 PM
I think jp Morgan got fined $1bn from the supreme Court of Europe and I think that mightve been related to their bitcoin claims (but I'm not sure it was a while since I checked).
Are you referring to this; JPMorgan Chase & Co. Agrees To Pay $920 Million in Connection with Schemes to Defraud Precious Metals and U.S. Treasuries Markets? It was not related to Bitcoin claims.

Ooooo it was in the US! And yeah still looks shady, they might be doing that with btc then or planning to...
3082  Bitcoin / Bitcoin Discussion / Re: Calculating the storage that would be needed to store all addresses. on: November 04, 2020, 10:48:14 PM
That's only 700 square light years though if it's right (you should've used a factor of 10^-27 for converting metres to nanometers).
So, will I get an even bigger number? Isn't it going crazy?

Yeah if you didn't cube the 10^-9 then it'll be out by a factor of 10^18...

If you need an explanation, a decimetre square is 10cmx10cmx10cm. This is 1000cm2 but is also 0.1x0.1x0.1=0.001m2.
3083  Other / Beginners & Help / Re: Why aren't more businesses and investment funds buying Bitcoin? on: November 04, 2020, 10:24:13 PM
They might be wanting to wait for the price to move higher so it doesn't look like they're the one to go first... Investing in a failing asset might give some bad rep too...

I think jp Morgan got fined $1bn from the supreme Court of Europe and I think that mightve been related to their bitcoin claims (but I'm not sure it was a while since I checked).

Also a lot probably don't have the resources... Negligence is easy too and some like "tried and tested" schemes...
3084  Bitcoin / Bitcoin Technical Support / Re: Sent coins to expired wallet on: November 04, 2020, 12:13:54 PM

The vendor is very honest Jack I have had lots of business with them. I think its more likely they don't know how to sort this its a very new shop and system they use where you put items in a basket/cart and when you finish and click "make order" it comes up and tells you the amount of bitcoin to send and gives you a wallet address.

If you don't send the btc within 15 mins the order gets rejected.




Yeah it looks like they'll just have to contact the third party/payment processor and the funds should be returned by them to them.
If you've used him before also you've got less to worry about too as you'll be more likely to come to an agreement imo if something did happen and the payment processor won't return funds (although they should).
3085  Bitcoin / Bitcoin Technical Support / Re: Sent coins to expired wallet on: November 04, 2020, 12:43:08 AM
The vendor is lying to you. They have your funds most likely.

Ask them if they use a payment provider or a wallet to process the funds and ask them to check if they've received them and if they haven't it's going to be a problem on their end if the coins have confirmed (it's not your problem if they can't handle btc)...
3086  Economy / Economics / Re: Is there a market for crypto based client side data mining on: November 03, 2020, 11:59:47 PM
It could also lead to exit scams and bloodbaths... I think current law tries to prevent people giving much in the way of what they should invest in for this exact reason...

There's potential for some low interest ideas to be picked up this way but the more people you get over to a high interest scheme you find, the less you also gain in interest too afaik.
3087  Economy / Speculation / Re: Altcoin still feasible? Profit or loss? on: November 03, 2020, 08:39:07 PM
We can't really predict about the altcoins' movement. But normally, the top alts follow the market trend of btc. But only those that are already established in the market. Now, if we are talking about specific alts, it is better to follow their respective developments. Because their actual developments and progress will have significant impact on their market value. If traders will not see movement from the team, then I don't think they will be interested to trade with that coin, unless, it has specific use case for them like using for transfer purposes because of very minimal fee for transaction.

Yeah I don't normally look past doge for market cap when I check the charts and I've mostly been in btc this year too...

I don't know if a lot of the other lower coins are what the op is talking about because eyoy need a strong team with a good vision that want to take the risk of putting themselves out there in order to get a good coin that can grow to get a competitive market cap.
3088  Economy / Speculation / Re: Altcoin still feasible? Profit or loss? on: November 03, 2020, 08:20:27 PM
I mean we normally end up with some sort of bitcoin run then some sort of altcoin run at seemingly random periods. People might be expecting the 4 year continuation pattern of bitcoin to keep going and, if this happens, altcoins should see major growth around q3 next year (Oct-Dec). There could be mini rallies half way through next year too imo. Somewhere around March but it might depend on how the economy is doing between now and then...
3089  Bitcoin / Bitcoin Discussion / Re: [Tutorial] Making your crypto inheritible on: November 03, 2020, 08:15:32 PM
Thanks for sharing this method. Argued about this last week in a thread. The method is good but if death happens sooner than expected, the loved one might not receive and use it when it's needed. If there's more advanced method to access the coin incase one dies before the lock period is over, I'd love to hear it.

You could create one that sends it immediately and shove it in a safe deposit box or somewhere so it can be salvaged upon death but there's not a good option this way, if you trust the person well with your funds and they don't care so much about money you could share with them the transaction but that wouldn't be my go to just in case...

Never thought such method exist, but the tutorial seems to be lacking, just to be clear. Do i need to create a wallet address to send my funds to a specific family member? Also how do i send the file, if im already gone. That seems to the blockings i see if ever i do this.
My question is, how do you automate this, if ever something happens.

You'd educate someone on how to broadcast it or you'd have something that sends an email after a certain amount of time or print instructions off... I don't think automation is the hard part here, you could slao see if a solicitors would take a small cut to broadcast a transaction (there are some crypto friendly ones afaict).
3090  Other / Meta / Re: Should confirmed scammers lose the ability to send PM? on: November 03, 2020, 03:23:38 PM
Yeah it might be a good idea if a user has a trust flag and at least 10 more supporters than opposers on it...

But can't newbies pm newbies so they could just make a new account?
3091  Economy / Reputation / Re: Complain about negative feedback on: November 03, 2020, 12:49:58 PM
The person who sent it you has only one positive trust in Russian so...

Do you need to nnot have negative trust to participate in bounties. If not,jjust kkeep going and ignore it.

3092  Other / Beginners & Help / Re: Mobile wallet for newbies? on: November 02, 2020, 11:04:35 PM
If you've got some time to go through the wallet and show them the basic features then most mobile wallets tbh are pretty good. I was going to suggest some but realised I'm biased based on familiarity.

Bitcoin wallet from Andreas schildbach was the first one I used on my phone and it has a pretty nice interface and has fee control options (I think they're normal, economy and low)..
Electrum is also pretty good for mobiles and has a few extra features but for fee control you light have to put more effort in so they know what blocks mean and how the estimates could be out.

Éclair is also quite nice but it feels like it has the same features as Andreas schildbach but both eclair and electrum have built in lightning network support too.
3093  Other / Meta / Re: A request for this feature: on: November 02, 2020, 08:38:36 PM
But whyyyyyy?

Like you can check someone's recent topics and recent posts why would people want to know exactly where others are?
3094  Bitcoin / Bitcoin Discussion / Re: [Tutorial] Making your crypto inheritible on: November 02, 2020, 07:31:12 PM
This is probably one of the biggest disadvantages of bitcoin and I think many of us have the same problem, I cannot give my family direct access to my coins since that will be foolish but in the case something were to happen to me I would like them to use the money I have invested in bitcoin to improve their lives and yet their complete lack of interest on the subject impress me.

like everything else in bitcoin you have the full authority to decide what to do with your bitcoins after you pass away too. this is not a disadvantage but a great advantage. in other circumstances with fiat for instance you would have had to rely on centralized entities such as shady banks, the government, lawyers,... to handle it for you but now you can do it all on yourself.

Yeah, in the other case to this, you have much more control of what happens to the funds too. If you don't want anyone to inherit them then thats fine and you can just leave them as they are or if you wanted to give them as an extra amount to someone. Solicitors also charge an extra few % on what the government charge too so you're circumventing their charge and only need to pay the tax portion.
3095  Other / Meta / Re: Why aren't avatar ad clickable? on: November 02, 2020, 07:26:24 PM
When used for promoting a website, it is usually combined with a clickable signature (here the Avatar would serve as a the logo it the service).

Yeah or it'll be in their personal message (seen below the Avatar).

It's just a different desugn feature the forum Software doesn't implement. I doubt it was created for ads exactly in the original smf code...
3096  Economy / Speculation / Re: Is it wise to deposit $ 100 in bitcoin before the united states vote? on: November 02, 2020, 04:19:52 PM
When's the vote? I think coinbase can confirm IDs pretty fast from experience (at coinbase.com). Not sure about anyone else and you might want to familiarise yourself with sending and receiving funds before you buy by testing out a faucet or something if they're fast enough to give a payout these days.
3097  Economy / Economics / Re: Is Bitcoin the best reserve asset? on: November 02, 2020, 04:05:21 PM
Quote
Nevertheless, the potential demand is still huge. As mentioned in a recent report by Fidelity, the alternative investment market grew to $13.4 trillion by the end of 2018, and very little of it was in Bitcoin. It might take converting as little as 5% of that to see the Bitcoin price moon.

I'm a bit surprised they went with that as less than 1% of those funds on their own would make bitcoin double in market cap (assuming 1/2 of current holders keep holding).



The most volatile part of cryptocurrency remains the miners though. If a large amount of mining power is controlled in China and is suddenly given a possession order by the Chinese government then the network would at least have to temporarily adjust to blacklisting those miners..

Other than that, it's possible to carry enough to sign a transaction in your own memory or on a discreet piece if paper hidden somewhere.
3098  Other / Beginners & Help / Re: As a beginner which coins do you prefer to buy first ? on: November 02, 2020, 03:49:10 PM
Yeah..  You might also want to take a look at where newbies have gone wrong too and the mistakes they've made. For 2015-2017 I think the main one was icos that didn't deliver. The current one is probably a few defi projects that aren't doing very well...

If you're trying to trade safe, I'd suggest sticking to the top 10 or top 20 coins as they've probably survived the longest and I think 9 of the top 10 have been in there for 5 years...

Bitcoin is going to be the safest option for a while though imo.
3099  Economy / Economics / Re: usdc good coin ready to become the new digital dollar on: November 02, 2020, 02:42:17 PM
of both USDC and USDT, both of them have good advantages, and if I am asked to choose clearly I will choose USDT because of the easy exchange rate because I no longer need to exchange for fiat money. while USDC will still end where the exchange is via USDT. fellow liquidity who plays an important role.

I thought binance and coinbase accepted usdc and had good rates for them.

Saying that, binance futures looks to be in usdt for some reason...

If you ask me, USDT is most used and trusted by users however they have very shady team behind it and give many promises. We most see how much usd liquidity is supplied by the team and we must make sure if they are laying like usdt team or not. I personally think usdc will get much more trust between people near soon depending on the team and how honest they are.

Yeah... They also fell to 86 cents a few years ago (usdt) so... (really with full cash reserves this shouldn't happen or even a 90% reserve).
3100  Other / Meta / Re: Does the "defi" scam shit belong in Altcoin ANNs? on: November 02, 2020, 02:37:47 PM
Ok, so the first batch of reports is "good" and mprep merited jackg's post so I'm assuming I'm the right track Grin
Yeah, looks like it's working. For testing purposes I reported 9 ANN threads that should be in Tokens section, and so far 8/9 are moved to appropriate section, while one is still unhandled, waiting to be moved.

I just need to figure out a better way of figuring out which of those threads are tokens. Reviewing 1000s of ANNs is not fun.
I don't see any other way other than manually checking each ANN. And yes, it won't be fun to check all of them as there are shit load of them, but job could be done if focused on active threads and ignore abandoned ones for now, or save for the end.


I'd suggest trying to check the ones mist active. A tiny thread with only a few posts, if moved, would probably just be deleted and the op will relaunch back in the same place. A thread with a good level of interaction and number of replies is less likely to be deleted...

It's also probably a but of a tough task for the mods there to keep up with.
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