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3101  Economy / Economics / Re: Vietnam GDP grows 8.02% in 2022; fastest expansion in 25 years on: January 04, 2023, 11:43:46 AM
Vietnam has been growing quite well in the past few decades. It has somehow already transitioned from a largely agricultural country to agro-industrial, from poor to middle income. Manufacturing has been continuously expanding. Thanks to the large and cheap labor market, it has become a very good alternative to China. It has really stood up as a great investment country especially in Asia. Personally, I'm amazed that certain brands I really admire like Nike, Deuter, Columbia, Osprey, and others are now coming from Vietnam.

It means that they moved from a country that was primarily oriented towards agriculture to a country that cheaply rents its workers to large global corporations that produce expensive brands for low wages. It is really a great success, especially if we only look at numbers and percentages, but do people live better, are they happy to work in bad conditions for 12 hours a day, 6 days a week?
3102  Bitcoin / Bitcoin Discussion / Re: Bitcoin birthday reminder: You could have been a millionaire using this tool on: January 04, 2023, 11:34:27 AM
You had to solve old style captcha which would have taken like -10 seconds and 5 bitcoins were yours in return. If you did this once a day, you could have been a millionaire today.

That faucet didn't last long because even then there were people who abused everything they could, and your reminder doesn't really make much sense considering that everyone could mine Bitcoin on their computer back then, and the reward per block was as much as 50 BTC. Therefore, if you claim on that faucet every day in one month (30x5 = 150 BTC), while with only one mined block per day, you would have even 1500 BTC per month.

Were you aware of this news ?

Most people know about that faucet, but in the context of the time it existed, I don't believe anyone got rich using it. Those who mined at that time probably said even then that it was a simple waste of time.
3103  Economy / Trading Discussion / Re: Anyone out there doing money by trading? How? on: January 04, 2023, 11:06:44 AM
Did you know that the first recorded Bitcoin trade occurred in 2010, when a programmer named Laszlo Hanyecz offered 10,000 Bitcoins (worth about $40 at the time) to anyone who would order him a pizza?

It may have been the first purchase, but the first trade is still something that we attribute to one of the founders of this forum (Sirius), who sold 5000 BTC at the end of 2009. Also, Martti Malmi sold 10 000 BTC during 2011, and for that amount he bought an apartment near Helsinki - so in addition to the most expensive pizza, we also have probably the most expensive apartment in the world, given that the price of BTC at that time was between $15-$30.
3104  Bitcoin / Bitcoin Discussion / Re: Are We Being Fucked? The centralization of Bitcoin on: January 04, 2023, 10:54:33 AM
right. i think we need to encourage people mining on their own. and mining should make it easier.
Like monero, people can mine monero at home or on a vps.
BTC should be doing that too instead of some specific asics machines.

You don't know what you are talking about, because how would you encourage people to mine Bitcoin if we know that it is no longer possible without special devices, which are extremely expensive and consume a significant amount of energy, and in addition create a lot of noise. What you are talking about cannot be done as long as Bitcoin uses POW, which is the only logical thing - and once again I tell you that if you have so many doubts about Bitcoin, find another coin that you can mine yourself with your personal computer.

One would think that you understood something after all the posts, but you still live in some illusions that have little to do with reality.
3105  Economy / Web Wallets / Re: 1.6 BTC locked on Blockchain.com on: January 03, 2023, 04:27:46 PM
Blockchain.com at it again with their poor support system, first and foremost is your internet speed above average to guarantee faster delivery because waiting for over 10minutes is absurd late alone hour's unacceptable!

What does internet speed have to do with this particular case? This is not about downloading hundreds of GB of data, but about the service in question, which obviously has a problem with the e-mail provider used by the OP. That service has always been bad in every way, and if anyone has any funds there, I suggest they pull them as soon as possible.
3106  Bitcoin / Bitcoin Discussion / Re: Are We Being Fucked? The centralization of Bitcoin on: January 03, 2023, 04:01:14 PM
~snip~
Anyway, it is not that ideal.

If you are looking for ideal things, then you will really spend a lot of time and you will probably never find them. Bitcoin is not ideal, and neither is everything that surrounds it, whether it is mining, trading or the "slowness" of transactions. What I want to say is that if you're looking for a flaw in something, you'll always find it, it's just a matter of time.

On the other hand, look at all the crypto alternatives that exist and compete with Bitcoin, and these are POS coins or stablecoins that do not have any form of decentralization, have people behind them who cannot be trusted and are easy prey for any government. To me, the winner in this comparison is quite clear, regardless of the fact that things are not ideal.
3107  Economy / Trading Discussion / Re: Anyone out there doing money by trading? How? on: January 03, 2023, 03:42:10 PM
~snip~
I see so many "traders" selling courses. They are the ones making money.

The way to quick success and how to earn the first million $ trading with cryptocurrencies
- why risk your money when you can easily take money from others, and besides, the market is huge because everyone thinks it's easy to make $100k from $100.

Of course, all those who brag about their expensive cars and mansions help in this, they just don't say where exactly they got the money for all that - and the truth is that this money mostly comes from crypto projects that they successfully sold, and which today they are worth nothing.

I don't understand why all those who want to trade with cryptocurrencies don't first try to trade with stocks or something less volatile, but I assume that there are a lot of people who are still underage and cannot have a broker, a bank account and the like...
3108  Bitcoin / Bitcoin Discussion / Re: History Repeats ignore the FUD 2018 Netflix Show says BTC is garbage @ 6.5K on: January 03, 2023, 02:35:14 PM
Quote
History Repeats ignore the FUD 2018 Netflix Show says BTC is garbage @ 6.5K

Nothing has changed in terms of what the mainstream media thinks about Bitcoin, and this is especially expressed at a time when the price of the same is losing value compared to fiat. I think that even today there are some extremely negative documentaries on that same streaming platform, and it does not surprise me personally.

How many people believe what the famous "Oracle of Omaha" constantly preaches regarding Bitcoin?

Warren Buffett warned investors again not to invest in bitcoin.
Bitcoin is “probably rat poison squared,” he said, according to CNBC’s Becky Quick. Buffett is presiding at Berkshire Hathaway’s 2018 annual shareholder meeting on Saturday.

“Stay away from it. It’s a mirage, basically,” he said on CNBC’s “Squawk Box” on Friday.
3109  Economy / Speculation / Re: Bitcoin price guess, 2023 on: January 03, 2023, 11:30:17 AM
...things could get worse specially since the temperatures are dropping fast to unprecedented lows that EU and US were saying "would never happen"! while they have an energy crisis that has also affected their economy which in turn affects bitcoin price.

It is true that the weather in the US is very unfavorable in terms of low temperatures and large amounts of snow, but when was the last time you looked at the air temperatures in the EU? Winter practically looks like spring, with temperatures generally between 10-20 degrees Celsius, of course in some parts of the EU a little lower, but mostly above 0 degrees. The Russian agenda that the EU will freeze without their gas is obviously completely wrong, as well as that gas and oil prices will skyrocket, and the price of gas and fuel has been in constant decline for months.

Look at the map and tell me who exactly is freezing in the EU?




3110  Bitcoin / Bitcoin Discussion / Re: Are We Being Fucked? The centralization of Bitcoin on: January 03, 2023, 11:13:44 AM
OP, I don't know what exactly is going on in your head, but probably your pools are not working exactly as they should. If you would stop for a moment and think about where the biggest problem is when it comes to centralization, then you would not put miners first, but it would certainly be centralized exchanges that store millions of BTC and act like crypto banks.

Bitcoin mining is generally decentralized, but some people will always see a problem because too much hash rate comes from country A or country B, so once the problem was China, today some claim it's the US. For me, the matter is very simple, if you don't believe that Bitcoin represents what it used to represent, look for something else - you have 20 000+ crypto projects that claim to be better than Bitcoin in one way or another.
3111  Bitcoin / Hardware wallets / Re: Hardware Wallets - Ledger vs Trezor, Other recommendations? on: January 03, 2023, 11:02:19 AM
Anyone used a Ledger Nano-S-Plus before?  I just rage threw it accross the room... 4 attempts to use a phrase I made via dice then 20 pin invalids and I smashed it...  This device is a massive pain in the ass I wouldn't recommend...

Someone who doesn't know how to post a thread in the appropriate board, and who also doesn't know the rules of the forum (Rule 32), will surely have big problems with devices like hardware wallets. If you want to destroy something next time, take a hammer and do it right.

The S Plus is no different from the S model in terms of use, and it never occurred to me (and to most others) to solve our possible incapacity in that way. Read the instructions before use.
3112  Economy / Services / Re: Help Needed on: January 02, 2023, 04:01:49 PM
If you click "Detection" on your link, you can see what some of the AVs have detected. The most hits are for Trojan.GenericKD.64566212 which can basically do many malicious things on your computer, and if you want to know more, search it through the search engine. The second thing detected is FileRepMalware, which is actually not dangerous and some AVs mark software that has a bad reputation that way. The third detection shows Artemis, which some classify as ransomware and others as an application that will use your browsers to show you various ads and redirect you to various websites.

If you want to be 100% sure that you have removed all threats, unfortunately formatting the disk is the only thing that can be recommended - otherwise there is always a doubt that something managed to avoid the detection of any AV.
3113  Economy / Speculation / Re: Bitcoin price guess, 2023 on: January 02, 2023, 03:23:44 PM
~snip~
Some people save coins on exchanges, 2022 was another lesson for those kind of people as FTX collapsed and millions or billion worth in dollars that many people lost. Not you key not your coin is a lesson in 2022 as those coins saved on exchanges wallet addresses dropped significantly after the FTX implosion.

Unfortunately, people didn't learn anything, if they did, then something like this would never have happened - and maybe they learned that stablecoins are not as stable as some call them, because the financial damage caused by the South Korean scammer is 3-4 times greater than FTX, but who still remembers that, right?



I personally do not think that we should hope for a new ATH this year, in any case not before the halving - but I think we can expect that the world markets will start to recover and that the price of BTC will also react positively. Somehow I hope that this positive could take us at least to $30k, and maybe even above that, especially in Q3/Q4 when the halving will already become something that will start to be seriously speculated on.
3114  Other / Beginners & Help / Re: How to know when money start flowing into crypto, any tools? on: January 02, 2023, 02:36:13 PM
You mean that if the price of the coins have started to increase, that you want to start buying crypto? Why no just start buying bitcoin now? You can set certain amount to buy bitcoin weekly.
~snip~

Because of the attitude that is actually a characteristic of all those who adhere to the "fast in, fast out" strategy, that is, the plan to invest their fiat in as short a time as possible, while making as much profit as possible. That's why we have something we call FOMO (fear of missing out), which is most pronounced during the bull run, when people buy the most, and they are usually focused on some number that serves as their exit point, such as $100k in the last bull run.

The OP is actually asking "how do I know when others start buying so I can do the same" - and let him look for the answer in a possible price increase, although any (even significant) price increase does not mean that the trend has reversed, but that it may be a small pump with great prospects of pulling back.
3115  Bitcoin / Bitcoin Discussion / Re: Bitcoin developer @lukedashjr's wallet was hacked on: January 02, 2023, 02:11:28 PM
A question arose on the point of security and how secure can we keep our keys and Bitcoins safe, if it's not even safe at our home. If a core dev like Luke can lose his btc stored since a long time, then anybody here will panic and will try to find the best possible way to store their coins so not to become a victim of such a consequence.

I don't understand why anyone would panic and feel insecure at this moment, because no one hacked Bitcoin, but one man obviously made a wrong step somewhere and now he paid the price for it. The fact is that such a thing shouldn't have happened to a person like him, but it shouldn't have happened to the computer scientist whose HDD ended up in the trash, or to the engineer who forgot the device password and now only has a few attempts before the device resets.

People have always been and will remain the weakest link in any setup, no matter how secure it may seem at some point.
3116  Economy / Economics / Re: The Taste of an Economic Downturn on: January 02, 2023, 11:59:07 AM
The chairperson of the senate committee on agriculture just brushed the issue off saying she can live without onions. This is the same old woman who just encouraged people to reduce their consumption on rice when its price soared intolerably high.

Such people have no sympathy for other people, and that is why her statements should be well remembered and everything should be done so that in the next elections she and her party get as few votes as possible. However, I hope that people will still learn from everything and realize how important self-sufficiency is, so even though it is unrealistic to expect that anyone can be 100% self-sufficient, anyone who has a little land can produce vegetables such as onions, potatoes, lettuce, carrots and parsley and many other cultures that do not require any special knowledge or too much effort.
3117  Economy / Speculation / Re: Michael Saylor and Bitcoin or Michael Saylor and altcoin? on: January 02, 2023, 11:28:26 AM
This was an argument jokingly made by one of the forum members that I much respect. We argue and tease each other, however, everything is with respect and we do not take it very serious because we accept the reality that we are not very important people in the cryptospace.

In any case, the argument made is maybe Michael Saylor would have made a better investment if he invested in altcoins, Defi or NFT instead of bitcoin. It appears this article shows that the argument might be correct. The article was published on November 3, 2022, however. It presently might not give us the same conclusion.

I didn't write that because I really think that Saylor should have invested in altcoins, but because you think that from 2020 to today he made all the wrong decisions investing in Bitcoin and considering your positive attitude towards DeFi, NTF and altcoins. Given that the losses of those who, for example, invested in various NTFs are incomparably greater than anyone who invested in Bitcoin, my slightly sarcastic observation went in the direction that Saylor today would not have to worry about what to do with his coins because they would be practically worthless.

Everyone should already know that long-term investing in altcoins has not brought anyone anything good, and I'm sure that Saylor knows that very well. Maybe we should ask Silbert what he thinks about his altcoin adventures and why he is allegedly dumping them all lately?
3118  Bitcoin / Bitcoin Discussion / Re: Bitcoin developer @lukedashjr's wallet was hacked on: January 02, 2023, 10:49:19 AM
Everything looks more than sloppy for a Bitcoin Developer. Surreal. Hot wallet is possible, but a dev's cold wallet... hmm...

To me, this story is incredible, that a man who should understand all the risks and secure his funds better than most is hacked in this way? If by any chance it was an online/hot wallet, everything would still make sense, but a cold wallet should be immune to all online attacks, even though @ETFbitcoin mentions a possible way to compromise such storage.

It would be nice if everything was actually a consequence of Twitter's still poor security and that someone was playing a little with hacked profiles...
3119  Economy / Economics / Re: Legal methods of acquiring free assets on: January 02, 2023, 10:23:29 AM
Not to go way off-topic, but I'm curious as to how much the deposit is over there.  If there aren't that many bottles and cans littering the road, I have to assume it's more than the euro equivalent of $0.05.

I converted from my local currency and this fee would be 0.07 EUR in my country, but I am not sure how much this fee is in other EU countries. Also, the rule was that you can return such packaging only in the country where you bought it, so tourists leave behind a lot of plastic packaging that means nothing to locals. However, in my country, all waste has been sorted for years, so we specifically collect plastic, paper, glass, biowaste and other mixed waste - which results in a much cleaner country than 10+ years ago.

And that's great the EU has adopted the "bottle bill" model, because not only does it help the environment, but it actually redistributes wealth to a small extent.  As I said, many homeless folks (and people with homes as well) can make enough to survive in the US states that have bottle bills.  Unfortunately, it's only a small number of them.

You have to take into account that each member of the EU can have its own specific laws, and given the language barriers, I cannot say what is happening in Romania or Spain in this regard - but I think it is similar with all federal states in the US, except that you perfectly understand each other because you speak the same language.

There are many stories in my country about how people managed to educate their children by collecting such packaging, and how it is still an additional source of income for them today. I personally know a man who has developed a unique method in this matter, which is that he is well informed about when a celebration is happening somewhere (birthday, wedding) and offers the service of collecting all plastic, aluminum and glass packaging, and rich people usually agree because they don't need that money anyway.

Oh man....whenever anyone mentions faucets my mind goes back to when I first really got into bitcoin.  There were tons of them, and that's how I acquired my first few satoshis.  I'd still consider what you get from them "free", even if you're spending a few seconds going through the motions of the captcha, ads, and whatever else is required.

That's how I earned my first Bitcoin, but it wasn't that hard considering the price was around $200 and the fact that compared to today it was very easy to collect satoshis through faucets. A good faucet rotator and a few referrals could generate up to 500 000 satoshis in one day. Of course, from the perspective of that time, it was very little in fiat value, but in later years we all know that this value increased to unprecedented values.
3120  Economy / Economics / Re: Legal methods of acquiring free assets on: January 01, 2023, 02:57:50 PM
OP, I think you live in the US and if so, you probably know there are states with so-called "bottle bills" which might be an unfamiliar concept to many here.  To anyone who doesn't know, basically if you buy a soda or water or a carbonated drink of some kind, you pay a $0.05 deposit on the can or bottle, which you can later recoup by taking it back to a store that sells whatever brand it is.

It's not something that exists only in the US, because it has existed in the EU for more than 10 years (although I'm not sure if all countries are included). All plastic/glass and aluminum packaging is returned in every shopping center, all in order to protect the environment. In the beginning, there was a lot of such packaging everywhere, but today that is no longer the case because everyone wants their money back.


In crypto, we have airdrops and faucets which have somewhat fallen by the wayside and become forgotten it seems. Is there a way to revive interest in faucets and airdrops? How could it be done, how would you do it? Mining also used to be a good method of acquiring free assets. Is it possible to revive crypto mining?

Nothing is forgotten, the faucets still exist, the numbers have changed, and the rewards of 5000 satoshis that were before, are now 5 or 10 satoshis, with the fact that every faucet has at least one short link that you need to pass + captcha + antibot links before you get award. In addition, such an activity only seems to be free, because you are investing your time, which is extremely limited and expensive.

I don't know what kind of crypto mining you are talking about, but it was never free because it always required a device + energy + time, and nothing has changed in that regard until today. Do you want us to somehow shut down all BTC miners and have everyone mine again with their personal computers - or do you think we should somehow tokenize crypto mining since you think every problem can be solved with a token?
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