Bitcoin Forum
June 16, 2024, 04:20:11 AM *
News: Voting for pizza day contest
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 [183] 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 ... 340 »
3641  Economy / Economics / Re: Methods of Coping with Food Shortages and High Prices on: April 01, 2022, 06:57:26 AM
I have avocados which are within the 18-36 inch recommended graft height, that are younger than 3 years.

Actually avocados, if you plant them on soil and they gets big over the years, would be a good way to cope with food shortages.

They get very big and you can be eating avocados for about 6 months. They give you high quality fat that will make you go without being hungry (or less hungry) if other foods are scarce. The only thing is that they require a lot of water, if you live in a place where it usually rains a lot it is not a problem, but if not you will have to water them regularly.


3642  Bitcoin / Bitcoin Discussion / Re: Goodbye, privacy, goodbye, it was nice while it lasted. on: April 01, 2022, 06:45:02 AM
In other words they can only target anything that is centralized.

Although I am gradually acquiring more technical knowledge, I realize more and more that I still have a lot to learn. I didn't know that distinction you make. For me until now there was a distinction (in my mind):

-Custodial wallet: not good for your privacy.
-Non-custodial wallet: good for your privacy.

But I didn't know that difference between decentralized and centralized non-custodial wallets, so thanks for that.

In any case, I believe that very few people will use Bitcoin with maximum privacy.

3643  Economy / Gambling / Re: Gambling exploit (LEGAL) on: April 01, 2022, 06:31:58 AM
Neither, OP initially PMed asking for a loan or help executing his strategy to quickly make money. They didn't mention gambling and I was bored so I figured might as well entertain them and see what they have to offer ("taking the bait"). I did not test the strategy nor do I need to because it's obviously not profitable. I'm not sure if OP is either just dumb or is trying to scam someone out of some money.

Well, if it is a modified form of martingale, I am not surprised that you did not test the strategy.
3644  Economy / Economics / Re: Russia wants to build a new world order with China on: April 01, 2022, 06:13:15 AM
High inflation rates weaken USD dominance for sure but are it really possible to replace USD as a reserve currency or the USA will allow that so easily? The era of regional currency is coming?

Well, it's not just that they want to. They have wanted to for a long time. I would say that they used to dream of taking the reserve currency status away from the dollar, but today it is a real possibility. Today in the medium term they can achieve it.

And in this case, the USA will not be able to do as with Saddam Hussein, who, when he said he was going to sell oil in euros, they killed him. But he didn't have atomic bombs.
3645  Economy / Gambling / Re: Gambling exploit (LEGAL) on: April 01, 2022, 06:01:11 AM
I took the bait and their method is literally just a modified form of martingale. Their "mathematical" proof is just the odds of going on a losing streak of x length and was calculated incorrectly. Even if it was calculated correctly, they don't seem to understand that your chance of encountering such a long streak increases the more bets you place, and that you'll eventually go bankrupt when playing at a casino with a house edge.

There's a reason they don't have money to use their "exploit".

Are you just joking because it's fool's day?

For those of us who have some experience in the world of gambling and understand mathematics, with concepts such as EV, apart from having spent a long time in forums and having seen many scam attempts and incredible offers like this one, it is clear at first glance that what the OP offers, or is a scam or if he offers it sincerely is something like what you explain, based on martingale.

The only doubt I have is whether you have tested it in some way or are just joking.
3646  Bitcoin / Bitcoin Discussion / Goodbye, privacy, goodbye, it was nice while it lasted. on: April 01, 2022, 05:49:18 AM
After yesterday's vote of the European Parliament committee, I have become very pessimistic:

EU Parliament Passes Privacy-Busting Crypto Rules Despite Industry Criticism.


"Lawmakers are set to end even the smallest anonymous crypto transactions, and plan measures that could see unregulated exchanges cut off."

The law will affect exchanges and non-custodial wallets, such as metamask, ledger and trezor, as I explained.

But it must be said that this is only the first step of a law, which will take some time to be approved and can still be modified, but they have made a bad start:

"The plans must also be agreed on by both the parliament and national ministers, who meet as the EU Council, in order to pass into law."

In line with my pessimism, I came across an even more pessimistic article, Digital currency industry melts down ahead of key EU vote on non-custodial wallets, from which I will quote an excerpt:

(The article was written before the vote took place)

"If the vote goes through, this will radically alter how digital currency transfers work in the EU. It will undoubtedly place huge burdens on unhosted wallet providers, but then again, the EU doesn’t care about that. It only cares about its objectives as a political entity, and it’s notoriously tough on financial crimes, money laundering, and tax evasion. The EU was never going to let Bitcoin and other digital currencies run free, given the way they have been portrayed for the last several years and given the widespread anti-government and anti-law sentiment within the industry.

This was always coming, and it’s going to happen everywhere

Slowly but surely, people are beginning to realize that Bitcoin can not subvert governments and allow people to do whatever they like without consequences. That narrative led to disasters like the Silk Road and extremist anarchists like Cøbra touting Bitcoin as a tool to bring in the sort of chaos they wanted to see in the world. However, Bitcoin isn’t suitable for any of that, and its success entirely depends on being legally compliant.

As we see, powerful governments can use the law to force their will on the industry. We saw in Ottawa how lawmakers could freeze wallets with millions worth of BTC in them with the stroke of a pen. We’re seeing how even the idea that the EU could require unhosted wallets to be linked to identity is causing mass panic across the industry.

What happened to the narrative that Bitcoin could withstand all of this, and governments were rendered powerless when faced with it? This was a lie all along, and big companies like Coinbase, Binance, and others with teams of lawyers and advisors have always known it. They are profit-seeking entities, and they will always comply with whatever regulations they are required to, or they’ll be banned from large markets like the EU, U.S., and others.

Everything is changing before our eyes in the digital currency industry. With bans on anonymous transactions well underway, the U.S. SEC circling the likes of Ripple and Tether, and Satoshi’s Bitcoin slowly being understood as an electronic cash system designed for small casual payments that works within the law and which is always subject to it, things are ever so slowly changing for the better. If the EU votes to pass the new rules, it will be another nail in the coffin for the false narrative plaguing the industry
."

And the problem with this is that it sets a precedent and entrenches a trend of increasing state control.

What do you think about it? Are you as pessimistic as me or this article?

Edit: go to page 2 for the key proposals of the draft.

Also: PLEASE REALIZE THAT franky's ARGUMENTS ARE GARBAGE. As they are based on a former draft on a slightly different subject, that didn't pass, as I've shown on page 2.
3647  Other / Off-topic / Re: It's Fool's Day and be careful with your IQ on: April 01, 2022, 04:55:53 AM
Well, actually, I think the proper thread to discuss this would be theymos' one:

IQ testing now required before posting.

I suggest to you OP to lock this thread. I could report it to be locked but I'll just leave it as it's fools' day.

What I wonder is, if apart from the IQ system being a joke, the questions are also fake.
3648  Other / Meta / Re: IQ testing now required before posting on: April 01, 2022, 04:00:53 AM
I don't understand this IQ testing. Everywhere in the world before asking the IQ, there is always a preparation material. How can i answer such difficult questions without any preparation ?  

It's April's fools joke. That's the point. You don't need preparation. Actually I am searching in google for the question I am asked now and I think none of the 4 is the correct real answer. I wouldn't be surprised. Theymos enjoys quite a lot these jokes.
3649  Bitcoin / Legal / Re: The EU May Vote to Ban Anonymous Crypto Payments on: April 01, 2022, 03:53:52 AM
Lol. Have seen our IQs. Theymos' april's fools again.

Yesterday I saw a comment on reddit saying that this is only a first legislative step and that a law as such coming into force may take up to 2 years to be finally approved and between now and then there may be amendments.

But we are off to a bad start. I think the global trend will be similar, if we take into account what has happened in Canada and other countries, for example, will be towards a KYC control of the maximum possible transactions by the public authorities, and there will always be some things you can do p2p (using vpn and who knows with what wallet), but the goods and services you can acquire will be very small, like the currency exchange. I think the next step will be to try to kill DEX.
3650  Other / Politics & Society / Re: Biden proposes new minimum tax on billionaires, unrealized gains on: March 31, 2022, 03:06:35 PM
...even more without having the low-class to the mid-class people suffer even more! At least these overly rich people can truly contribute to the economy. Just hope that these people won't pull some strings to block this decision.

In my post above, which I guess you didn't read, I explained that the problem with that tax is that it ends up affecting the middle class, and in cases like Argentina people so "rich" that they only have $32k of wealth. Also, that many countries had this tax and removed it, because it is counterproductive for the economy.

But I know that many times in politics people act like hooligans and get carried away by emotions, as in this case you seem to get carried away because Biden is supposedly going to play Robin Hood, so enjoy your joy.
3651  Other / Meta / Re: Merit & new rank requirements on: March 31, 2022, 06:31:03 AM
Let me start right off with what I want to say:

I believe that it is necessary to increase the number of merit-sources, and the number of sMerit generated by them should be reduced. Proportionally. Increasing merit-sources by 2 times will reduce sMerit generated by the current merit-sources by 2 times (per month). That is, the total number of generated sMerit on the forum will remain the same, and we will only "give" them to new sources.

It seems like a good idea to me, and I think it goes along the lines of decentralizing the system more, which might seem like a good idea to Theymos, but we can't be sure what he will think.

What I think is that it doesn't necessarily have to be like what you're proposing: double merit sources and cut the merits in half. That would be the simplest way to do it, of course. But you could add 20% more merit sources, for example, and lower the merit allocation but not exactly 20%. Maybe you could lower the allocation for those who don't use them up month after month, and keep the same allocation for those who do, according to what LoyceV says:

I think it's the first time I see someone ask for less sMerit for Merit sources. But it happened before: at some point active sources got an increase, and inactive sources a reduction (up to removal).

Anyway, if he thinks it's a good idea, I guess he will do it his way.

3652  Economy / Economics / Re: The first country in Europe to pay for gas to Russia in rubles on: March 31, 2022, 06:15:00 AM
Currently the news has not been confirmed by either party, but if this is true and creates a domino effect. It can be said that European sanctions against Russia have failed.

What's the credibility of the source?

There are other articles about it:

Vatican bank transferred 10M Euros to buy Rubles from the Central Bank of Russia to pay for gas - media

The Vatican was the first in Europe to pay Russia for gas in rubles


but they don't seem very reliable, and actually, the first one that pops up on google when you search says:

No, The Vatican Is Not Paying For Russian Gas In Rubles.

The "source" of the fake news seems to be a tweet.
3653  Other / Beginners & Help / Re: Do you tell your friends about your crypto achievements? on: March 31, 2022, 06:03:40 AM
Do you tell your friends about your crypto earnings and trading strategy?

Sometimes it's hard to keep it to myself, but at the same time, I don't want to share my trading lifehacks.
Do you share with your friends?  Tongue

No, there's really only one person I know IRL who knows I have Bitcoin. It's not like I have a lot of Bitcoin achievements either, I don't trade, I'm just doing DCA, and little by little my Bitcoin holdings are going up.

I would recommend you to be a bit cautious talking about your achievements in crypto with people.

Do you tell your friends about your crypto earnings and trading strategy?

I keep to myself how much I invest. That's also my business. It's not a problem for me because none of my friends are invested in crypto or interested in it.
I generally don't talk much with friends about finances for several reasons:


1. often my friends and I have different opinions (that's ok of course but then you rather talk about something else)
2.i generally don't like to talk about money, because people get jealous very quickly.
3.if I talk little with others about it, I let myself be influenced less and can form my own opinion.

(I hope my english is halfway ok Wink)

Same here. And your English is OK.
3654  Bitcoin / Bitcoin Discussion / Re: Ways to earn Bitcoin when spending fiat on: March 31, 2022, 05:49:22 AM
I'm not too keen on these systems.

In the same way that I don't spend a penny with credit cards to get air miles. The rewards are very low, and in most cases people end up spending more than if they were not offered rewards, so, using a mathematical simile, it's EV- for them.

For example in BlockFi you need to spend $1k to get $15 (plus possible bonus). For that I prefer to take the $15 (or $20) and buy Bitcoin directly.
3655  Economy / Services / Re: [FULL] [banned mixer] Signature Campaign | Up to 0.005 BTC/W on: March 31, 2022, 05:48:18 AM
Also, I thought my point was pretty obvious, so I'm surprised you asked.

Maybe not enough caffeine in my body yet, lol. I suppose that from the context I could have understood it that way, but the isolated phrase can be understood in both ways. All clear.
3656  Economy / Services / Re: [FULL] [banned mixer] Signature Campaign | Up to 0.005 BTC/W on: March 31, 2022, 04:56:52 AM
I think it was the thinking of 2017.

Probably. Let's see what he says.

It is not, if it was then icopress would inform us on this topic or icopress would create scam accusation about it.

Obviously, I am not talking about icopress or [banned mixer] scamming us.

I have seemed to understand his reasoning to be as follows: people write on forums for free. There are many forums where people do not wear paid signatures and write. Therefore, you could somehow make them wear the signatures without paying them or paying them less and that way the employer would get a higher return for the investment.

In my case, I have been a member of other forums and still am and have written a lot without being paid, as a hobby. But the quantity of posts and the quality of them, would be extremely reduced without being paid. I prefer to spend most of my time online on activities that are profitable for me.
3657  Economy / Services / Re: [FULL] [banned mixer] Signature Campaign | Up to 0.005 BTC/W on: March 31, 2022, 04:13:36 AM
Hi icopress. Do you mind explaining this here?

Ich leite derzeit eine Jambler-Kampagne und möchte wirklich versuchen, etwas zu verändern, wenn es um die Mentalität der Signaturkampagne geht, die sich im Laufe der Jahre entwickelt hat. Denn als ich 2017 einen der Manager nach Vermarktungsaussichten und der Rendite der Abo-Aktion fragte, kam mir ein Gedanke in den Sinn, der mich bis heute nicht losgelassen hat. Die Idee ist sehr einfach … Bitcointalk-Anzeigen sind top-of-mind-orientiert, was bedeutet, dass Unternehmen die persönlichen Signaturen der Benutzer für ihre eigenen Zwecke mieten, was dazu führt, dass die Benutzer wöchentlich für das bezahlt werden, was sie kostenlos getan hätten.

Translation (with deepl.com):

"I currently manage a Jambler campaign and really want to try to make a difference when it comes to the signature campaign mentality that has developed over the years. Because in 2017, when I asked one of the managers about marketing prospects and the return on investment of the subscription campaign, a thought came to mind that has stuck with me to this day. The idea is very simple... Bitcointalk ads are top-of-mind oriented, which means that companies rent users' personal signatures for their own purposes, resulting in users getting paid weekly for what they would have done for free."

Does this mean that the plan going forward is not to pay people to wear signatures? I was going to reply you on the thread in German, using a translator. But I'm not 100% sure if this is what you mean.
3658  Bitcoin / Bitcoin Discussion / Re: Opera integrates Bitcoin in there Browser on: March 31, 2022, 03:55:53 AM
I would use that as my secondary secondary wallet just to quickly access a very minor fraction of my funds. Web based wallets are not really secure and I wouldn't advise anyone to keep a huge amount of money there. browsers are more prone to hacker attacks and for a seasoned hacker it's pretty easy to take control of your browser and steal the money from it.

But what is the Opera wallet for? What can you do with it that you can't do with your usual wallet (which I assume is a HW wallet)?

The argument seems to me similar to that of wallets on your mobile. Don't carry a lot of money in it because it's not very secure. But if you carry a wallet on your mobile with a few funds in it, you can make transactions that you wouldn't be able to make normally, unless you carry a laptop and your HW wallet everywhere you go.
3659  Economy / Economics / Re: Member Of The E.U. Parliament Says Crypto Transactions Shouldn’t Be Anonymous on: March 31, 2022, 03:31:42 AM
Hey guys,

A few days ago I opened a similar thread in Legal.

To me what seems important about this, which if approved has very important implications and will affect the market, is the following:

As the bill provides no guidance as to how a crypto service should verify unhosted wallets, this will mean that many will decide to forego transacting with them altogether. Those that continue transacting with unhosted wallets will be required to report all transactions over €1,000.

Not really, actually all transactions, no matter the amount:

"Under existing laws, payees need to be identified for any bank transfer over EUR 1,000 ($1,099). The bloc’s national governments have already said they want to scrap that lower limit when extending the rules to crypto assets – on the basis that large transactions could just be broken up into smaller ones, a practice known as "smurfing."

Urged by national laundering officials, who cite crypto’s use in funding terrorism and child abuse, lawmakers seem set to agree to require identity checks for any size of crypto payment. Even the right-wing lawmakers who oppose the move to de-anonymize transactions appear to acknowledge they won’t win the vote.
"

The other important point concerns custodial wallets:

"The European Union is considering a regulatory approach that will crack down on cryptocurrency’s “unhosted wallets”—wallets that are not held by a third-party intermediary also known as non-custodial.

Examples of a non-custodial wallet include MetaMask, WalletConnect, or hardware wallets like Ledger and Trezor.

The European Commission has proposed text that will oblige crypto service providers to obtain personal information from customers.
"

Source: European Union Proposes Crackdown on Non-Custodial Crypto Wallets.

This vote is very important and it actually will take place today. I hope it does not pass, because it will affect business, the price, and set a regulatory example to the rest of the world.
3660  Bitcoin / Legal / Re: The EU May Vote to Ban Anonymous Crypto Payments on: March 31, 2022, 03:17:08 AM
This just forces those who want to evade sanctions to move their activities to the underground exchanges and decentralized platforms [they'd never be able to "completely" stop such transactions from reaching their destinations]!...That'd only work if the other end is not a non-custodial wallet.

The fact is that if the regulation is approved, it will be a blow to people living in the EU. Although those who want privacy will be able to bypass these restrictions, it will be a blow to the market in the EU. Companies that accept Bitcoin payments will have to identify the buyer even for a payment of 10 euros.

Voting will take place today: Crypto Privacy Positions Harden Ahead of Crunch EU Vote.

This thread went unnoticed for the first few days. In fact, I posted it in Bitcoin Discussion and had to move it here because it was going to disappear due to lack of responses. Now there is a similar one in Economics.

I say this because it doesn't seem to have garnered much interest but if the bill is passed as is, then we won't be surprised if the price goes down. And the bad thing is that if this legislation is passed, other countries may look at it and think of passing similar legislation.

Pages: « 1 ... 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 [183] 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 ... 340 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!