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4241  Economy / Services / Re: [Closed] ROUNDER CASINO Signature Campaign | Hero/Legendary- $25/week. on: October 17, 2020, 03:41:48 AM
Payments have been sent out for 8th week.

The campaign is officially closed, everyone is free to remove your signature. It was a pleasure to work with you guys and I hope you will find a better campaign soon.

Expecting we will work together once again soon. Please keep in eye on my service thread to stay updated. It will be appreciated if you leave your valuable reviews on my service thread about my service.

Stay safe.......
4242  Other / Beginners & Help / A lesson, disadvantage of storing seed into the device. on: October 16, 2020, 06:02:55 PM
We all know the disadvantage of storing your wallet seed/private key into an online machine. Here is a lesson for us, Lost coins in the stupid way. Usually, newbies aren't much active on technical discussion threads, so sometimes I share from where we can learn and get a lesson. You may see the above user had deleted his seed from his computer and he hadn't written any copy on hard paper. As a result, that person in danger now. We don't know reality if that user could recover his funds or not. We use wallet software to save our valuable assets. But it would harmful because of our carelessness. Your fund isn't safe unless you save your wallet credentials.

Hope we all learn and get a lesson from here that, we shouldn't save our seed/private keys on any machine either it's offline or online. Because everything is disposable. We must write our seed phrase or private keys on multiple hard papers and keep them in multiple safe places. So even you lost the one you can access from another paper. Good practice would save your funds.
4243  Bitcoin / Bitcoin Discussion / Re: The Best Bitcoin Banks of 2020 on: October 16, 2020, 05:43:40 PM
I don't know why, but I can't access your article from my browser. Even tried from the Tor browser but still, access denied. I was quite curious to read your article about Bitcoin bank.
What is the best bank for your crypto?
Sound like centralization, isn't that? Bank means a third-party organization, which wasn't the goal of bitcoin creation. Bitcoin slogan is "be your own bank". So the best bank for me, my own hardware wallet.
4244  Bitcoin / Bitcoin Discussion / Re: Do not store your wallet on the exchange, store it on your crypto wallet. on: October 16, 2020, 05:24:11 PM
I  can say this topic has been discussed multiple times on the forum. It should be basic practice for cryptocurrency holders. But sadly we have a lack of technical knowledge about bitcoin and wallets. Even a few users don't know about noncustodial wallets and they think web wallets and exchange is the wallet where they could receive and spend funds. I always prefer a hardware wallet if it's affordable. Otherwise at least should store funds into a open-source noncustodial wallet like Electrum. Storing funds into exchanges is the worst decision, exchange would be hacked or shut down at any time.
4245  Other / Beginners & Help / Re: NEWBIE QUESTION on: October 16, 2020, 03:49:31 AM
Be careful OP, don't send funds into the cross-network, you will regret later. You should learn about what is custodial and noncustodial wallet. Exchanges act as a custodial wallet and you can swap your fund from there. But you are the owner of the address on the noncustodial wallet where only you will have access to your private keys. Means you can't swap your fund with yourself because all address there are belong to you only. Just don't fall into trouble to save fees. It's better to go straight than regret.
4246  Economy / Scam Accusations / Re: newby scamms newby on: October 15, 2020, 04:55:43 PM
Can you please provide proof of payment, which is the Tx ID and I tag hims also from my side.
I hadn't tag the scammer because OP hadn't added enough evidence here. Adding telegram chat wouldn't help lately since it's easier to manipulate. If OP could provide PM chat logs of the forum's then it would quite easy to punish.

@OP, please add more evidence here if you have talked with that scammer via forum PM. You should attach where the scammer provides you with a BTC address. Then you may create a flag type 3, and we may support it.
4247  Economy / Reputation / Re: DT Members, country of origin on: October 15, 2020, 04:45:42 PM
I am not trolling you, but discussion about location would be unhealthy for DT members. A major part of DT members has been posting on their local boards, which means you can simply spot their country. But those hadn't posted on the local board means they don't want to reveal their location. I don't know others, but I am hiding my identity or location because my government does not allow to use bitcoin. Since this forum is about bitcoin discussion then no doubts it would harmful for me. So revealed my country would unhealthy for me if caught by authorities.
4248  Bitcoin / Bitcoin Technical Support / Re: Lost coins in stupid way on: October 15, 2020, 04:21:26 PM
Sorry for your loss, if I were you then wouldn't just give up. I am not using Linux, so I am not an expert on it, but this tutorial would help you. Read this article, How To Recover Deleted Files In Linux [Beginner’s Guide] . I am not sure if "TestDisk" is trusted software since I hadn't used it. Just you may try it where you hadn't stored any cryptocurrency or other sensitive info.

If in case you fail to do that then you can ask Bitcoin Wallet Recovery Services. Seems they have a good reputation wale the forum. They would ask a percentage of the fee if they could recover it successfully.

Anyway hope you have learned that seed shouldn't store into the device which has been using online. In the future, write it on your notebook or multiple papers and save it in multiple places. It's a lesson for other users.
4249  Bitcoin / Bitcoin Discussion / Re: Why do mixing companies want stolen bitcoins? on: October 15, 2020, 04:00:13 PM
Most probably mixer collects fresh funds from peer to peer exchange and they would create many transactions to make trace longer. And that's how mixer collects again fresh funds. They would exchange it for monero or other coins and eventually hold bitcoin for their mixer. I am in one mixing chat group called jambler, they only exchange BTC to BTC with some extra return. As I noticed from them that they accept only funds from LocalBitcoins and stock exchange. Then they pay a few percentages extra funds to the exchanger.

If I ran a mixer I absolutely would reject stolen coins that are directly traceable.
I think it wouldn't easy since you have to trace the transaction then block it. If you do like this, then no one will use your mixer due to fear of loss. Also, we know about hack or scams after revealed it. News spread only when hacked big exchanges. But there is very little news about the small hack. Hackers would mix their stolen coins before revealed the news. Who knows if hackers make a withdrawal directly to the mixer address. Then even you can't trace them that they are hackers if they make a small transaction.
4250  Bitcoin / Bitcoin Discussion / Re: Russia blocks localbitcoins on: October 15, 2020, 08:15:02 AM
They can't prevent citizens to use bitcoin this way. Lately, Localbitcoin needs KYC passed, so using a VPN would be risky. LocalBitcoin is a centralized peer to peer exchanges, they would block account. I think it would be better to use decentralized peer to peer exchange like LocalCryptos. They don't require KYC and funds will be under the control of you since it's a non-custodial crypto marketplace.

The only hope is that, we have some other platforms like Paxful or Bisq which may come into rescue at this point!  
I wouldn't agree to use Paxful. Some of my known people have been using Paxful, and I have seen they had faced many issues especially about scams.
4251  Other / Beginners & Help / Importance of read feedbacks (trusted & untrusted). on: October 14, 2020, 04:37:30 PM
Usually, we don't need to read the trust rating of a user's during a conversation on the forum. Everyone free to express his opinion and discuss anything crypto-related. Even a red trusted user's opinion would be useful. But when you are going to do a financial deal with someone on the forum, then you should read the feedbacks from the trust wall of that user's. Either it is left by a trusted user or an untrusted user. A few untrusted feedback would be valid as well. I am writing because of this thread. You can see there a newbie user scammed by another newbie user. Interestingly, the scammer was tagged by a trusted & untrusted user, but the victim doesn't read them and scammed eventually by a scammer.

You may ask why you should read even untrusted feedback, there is a reason. When you will read untrusted negative feedback then you can deal via escrow service if you really need to deal. Otherwise, you may skip simply and save your funds. I have been trying to make aware of you guys. Don't handover your valuable assets to the scammer. Above mentioned user scammed because of no reading feedback. So you can take a real-time decision after reading feedbacks.
4252  Economy / Scam Accusations / Re: newby scamms newby on: October 14, 2020, 04:21:23 PM
i already gave him a bad trust rating...so beware.
Surprisingly you bought a product from a known scammer where he had multiple red tags trusted and untrusted. He doesn't have even single positive feedback on his trust wall. You bothered to leave feedback after got scam, but you hadn't bothered to read his feedback before sending funds. You deal from a thread that is self-moderated where 20 posts by 12 users have been deleted.

Sorry for your loss, but your title is quite funny. Newbies are more dangerous than a high ranked user. Scammer always is scammer, doesn't matter what is his/her rank. Just make sure you are using escrow services before dealing with someone untrusted person.
4253  Economy / Reputation / Re: Coolcryptovator's telegram impersonator. on: October 14, 2020, 04:05:53 PM
Good practice, you just saved your assets from a scammer. I never exchange anything on the forum like skrill. Even I don't have a skrill account. That's why I have been suggesting always to deal via forum account. So you can at least create an accusation with valid evidence. Telegram becomes a safe haven for scammers, so verify any pieces of evidence of Telegram is quite complicated. Anyone able to use my forum information on the telegram since its public. But no one can sign a message from my stake address and can't send you a PM from my account unless it's hacked. So better practice is to ask also sign a message from stake address via forum PM
4254  Economy / Service Announcements / Re: [ANN] Binaryx — Buy and Sell Digital Currency with Professional Traders on: October 14, 2020, 02:51:55 PM
Welcome to the forum. Went from your exchange now. It seems your site isn't working functionally. Clicked on Exchange, register, and login button, but it's just redirecting other pages where nothing visible. I don't think I had a network issue since I am on broadband at home. One more thing, on the bottom of your exchange you have added the master, visa card logo. A more noticeable logo is BestChange. I can't understand that you would accept visa or master cards and that's why you have used that logos. I am curious to know about BestChange, they are affiliated with this exchange? I can't found info on the BestChange site, point me if I am missing.
4255  Economy / Services / [CFNP] Go-Overt - Bitcoin Mixer 2.0 Signature Campaign | Hero/Legendary $40/Week on: October 13, 2020, 04:32:17 PM
Bitcointalk Username: Carlisle1
Profile link: https://bitcointalk.org/index.php?action=profile;u=826292
Rank: Hero
Current post: 8749
Btc Address:    3Bu5Vw3Sq5fyFuwn8o3SjDwWreQbdSyikj

Bitcointalk Username: Silberman
Profile link: https://bitcointalk.org/index.php?action=profile;u=907642
Rank: Hero Member
Current post: 2944
Btc Address: bc1qv6kzxmevdlnleh5ncz0w2za0r6f20jfc6tcvuu

Bitcointalk Username: ChrisPop
Profile link: https://bitcointalk.org/index.php?action=profile;u=399267
Rank: Legendary
Current post: 3352
Btc Address: bc1qhwu4wyau0g7s39julmrqhhepcl3s22v4t2l8nt

Had a pleasant experience with you in the last campaign. Would like to continue our collaboration  Smiley

Bitcoin talk username: kentrolla
Profile link: https://bitcointalk.org/index.php?action=profile;u=33459
Rank: Hero
Current amount of posts (including this one): 1080
BTC Address for Payouts: 3LhougW66YVQwKEes2Mbca42T4dWhuneUx

Bitcointalk username:davis196
Bitcointalk profile link:https://bitcointalk.org/index.php?action=profile;u=710218
Current amount of posts (including this one): 5570
Amount of merit EARNED in the last 120 days:27
SegWit BTC Address for Payouts: 376NEEiVa64wRuEpyPZLDeZoFMMjaqoyjJ

Accepted, please update your Signature if not yet updated. Please check your BTC address on the spreadsheet. Let me know if something wrong there.

We are full now.

4256  Alternate cryptocurrencies / Altcoin Discussion / Re: btc vs ethereum on: October 13, 2020, 02:34:42 PM
I wouldn't compare bitcoin with Ethereum. Although Ethereum is the most potential altcoin but it's not true decentralized like Bitcoin. The Ethereum team could create an influence on the market. I know Ethereum is a platform where anyone can deploy token or launch DeFi. But still, it will consider as an altcoin, but bitcoin is a crypto coin and it will consider as a mother coin always. Bitcoin is true decentralized where the creator is anonymous, so since we don't know the team means they can't create influence on the market.
4257  Other / Meta / Re: Report plagiarism (copy/paste) here. Mods: please give temp or permban as needed on: October 13, 2020, 12:21:15 PM
Plagiarism (copy paste).
User: Sanjida789
Post link: https://bitcointalk.org/index.php?topic=5281781.0
Archived: https://archive.is/OjzSI

BTCBTCBTC
Bitcoin is like digital gold in many ways. Like gold, bitcoin cannot simply be created arbitrarily; it requires work to "extract". While gold must be extracted from the physical earth, bitcoin must be "mined" via computational means.

Bitcoin also has a stipulation—set forth in its source code—that it must have a limited and finite supply. For this reason, there will only ever be 21 million bitcoins ever produced. On average, these bitcoins are introduced to the bitcoin supply at a fixed rate of one block every ten minutes. In addition, the amount of bitcoin released in each of these aforementioned blocks is reduced by 50% every four years.

The Supply of Bitcoin Is Limited to 21 Million

In fact, there are only 21 million bitcoins that can be mined in total. Once miners have unlocked this amount of bitcoins, the supply will be exhausted. However, it's possible that bitcoin's protocol will be changed to allow for a larger supply. What will happen when the global supply of bitcoin reaches its limit? This is the subject of much debate among fans of cryptocurrency.


Currently, around 18.5 million bitcoin have been mined. This leaves less than three million that have yet to be introduced into circulation.

Bitcoin Mining Rewards
The first 18.5 million bitcoin have been mined in the ten years since the initial launch of the bitcoin network. With only three million more coins to go, it might appear like we are in the final stages of bitcoin mining. This is true but in a limited sense. While it is true that the large majority of bitcoin has already been mined, the timeline is more complicated than that.

The bitcoin mining process rewards miners with a chunk of bitcoin upon successful verification of a block. This process adapts over time. When bitcoin first launched, the reward was 50 bitcoin. In 2012, it halved to 25 bitcoin. In 2016, it halved again to 12.5 bitcoin. On May 11 2020, the reward halved again to 6.25 bitcoin.

The reward will continue to halve every four years until the final bitcoin has been mined. In actuality, the final bitcoin is unlikely to be mined until around the year 2140. However, it's possible the bitcoin network protocol will be changed between now and then.

Impacts of Finite Bitcoin Supply on Bitcoin Miners
It may seem that the group of individuals most directly affected by the limit of the bitcoin supply will be the bitcoin miners themselves. Some detractors of the protocol claim that miners will be forced away from the block rewards they receive for their work once the bitcoin supply has reached 21 million in circulation.

Without the incentive provided by a prize of bitcoin at the end of a rigorous and costly mining process, miners may not be driven to continue to support the network. This would have disastrous effects for bitcoin.

Mining is not just a process by which new tokens are introduced into the ecosystem; it is first and foremost the way in which the decentralized blockchain is supported and maintained (in the absence of a central bank or other single authority). If miners abandon their work, the network may be forced to move toward centralization or collapse entirely.

Even when the last bitcoin has been produced, miners will likely continue to actively and competitively participate and validate new transactions. The reason is that every bitcoin transaction has a small transaction fee attached to it.
These fees, while today representing a few hundred dollars per block, could potentially rise to many thousands of dollars per block, especially as the number of transactions on the blockchain grows and as the price of a bitcoin rises. Ultimately, it will function like a closed economy, where transaction fees are assessed much like taxes.

Special Considerations

It's worth noting that it is projected to take more than 100 years before the bitcoin network mines its very last token. In actuality, as the year 2140 approaches, miners will likely spend years receiving rewards that are actually just tiny portions of the final bitcoin to be mined. The dramatic decrease in reward size may mean that the mining process will shift entirely well before the 2140 deadline.

It's also important to keep in mind that the bitcoin network itself is likely to change significantly between now and then. Considering how much has happened to bitcoin in just a decade, hard forks, new protocols, new methods of recording and processing transactions, and any number of other factors, may impact the mining process. It's also true that, at some point before 2140, bitcoin may very well fall entirely out of favor. This could essentially render the entire process obsolete, as well as the question about what will happen when all bitcoin are mined.

Copy pasted from :

Quote
Bitcoin is like digital gold in many ways. Like gold, bitcoin cannot simply be created arbitrarily; it requires work to "extract". While gold must be extracted from the physical earth, bitcoin must be "mined" via computational means.

Bitcoin also has a stipulation—set forth in its source code—that it must have a limited and finite supply. For this reason, there will only ever be 21 million bitcoins ever produced. On average, these bitcoins are introduced to the bitcoin supply at a fixed rate of one block every ten minutes. In addition, the amount of bitcoin released in each of these aforementioned blocks is reduced by 50% every four years.

The Supply of Bitcoin Is Limited to 21 Million
In fact, there are only 21 million bitcoins that can be mined in total.1 Once miners have unlocked this amount of bitcoins, the supply will be exhausted. However, it's possible that bitcoin's protocol will be changed to allow for a larger supply. What will happen when the global supply of bitcoin reaches its limit? This is the subject of much debate among fans of cryptocurrency.

Bitcoin Mining Rewards
The first 18.5 million bitcoin have been mined in the ten years since the initial launch of the bitcoin network. With only three million more coins to go, it might appear like we are in the final stages of bitcoin mining. This is true but in a limited sense. While it is true that the large majority of bitcoin has already been mined, the timeline is more complicated than that.

The bitcoin mining process rewards miners with a chunk of bitcoin upon successful verification of a block. This process adapts over time. When bitcoin first launched, the reward was 50 bitcoin. In 2012, it halved to 25 bitcoin. In 2016, it halved again to 12.5 bitcoin. On May 11 2020, the reward halved again to 6.25 bitcoin.

The reward will continue to halve every four years until the final bitcoin has been mined. In actuality, the final bitcoin is unlikely to be mined until around the year 2140. However, it's possible the bitcoin network protocol will be changed between now and then.

Impacts of Finite Bitcoin Supply on Bitcoin Miners
It may seem that the group of individuals most directly affected by the limit of the bitcoin supply will be the bitcoin miners themselves. Some detractors of the protocol claim that miners will be forced away from the block rewards they receive for their work once the bitcoin supply has reached 21 million in circulation.

Without the incentive provided by a prize of bitcoin at the end of a rigorous and costly mining process, miners may not be driven to continue to support the network. This would have disastrous effects for bitcoin.

Mining is not just a process by which new tokens are introduced into the ecosystem; it is first and foremost the way in which the decentralized blockchain is supported and maintained (in the absence of a central bank or other single authority). If miners abandon their work, the network may be forced to move toward centralization or collapse entirely.2

Even when the last bitcoin has been produced, miners will likely continue to actively and competitively participate and validate new transactions. The reason is that every bitcoin transaction has a small transaction fee attached to it.

These fees, while today representing a few hundred dollars per block, could potentially rise to many thousands of dollars per block, especially as the number of transactions on the blockchain grows and as the price of a bitcoin rises. Ultimately, it will function like a closed economy, where transaction fees are assessed much like taxes.

Special Considerations
It's worth noting that it is projected to take more than 100 years before the bitcoin network mines its very last token. In actuality, as the year 2140 approaches, miners will likely spend years receiving rewards that are actually just tiny portions of the final bitcoin to be mined. The dramatic decrease in reward size may mean that the mining process will shift entirely well before the 2140 deadline.

Source: https://www.investopedia.com/tech/what-happens-bitcoin-after-21-million-mined/


Surprisingly, this user copy-pastes his first post. Hadn't even mention of the source. Banning him/her would be a lesson for all brand new accounts.
4258  Other / Beginners & Help / Re: Have you been monitoring your bitcointalk activities ever? on: October 12, 2020, 05:55:15 PM
But, in addition, something always pop up on my mind, it will be good if admin can help us to let this forum to support 2 FA, this also can be an effective protection, having my Bitcointalk account on one device, and enable the 2FA app on another device will also help, to totally avoid hackers.
I think there are a few difficulties to implement 2FA with current software. There is a thread created by  DdmrDdmr Isn't it time to introduce 2FA to enhance user account security? There is a few constructive discussion about that. You may find more thread on meta regarding 2FA if you use the search button. It would be second layer security, but there is no noticeable response from the admin regarding the implementation of 2FA. I am not sure if I missing something, point me if so.
4259  Other / Beginners & Help / Re: Help, from a beginner on: October 12, 2020, 05:41:37 PM
Welcome to the forum. If you joined this forum for learnings propose, then you are in right place. Just make sure you are complying with forum rules and not spamming here. Because most newbies spamming on the forum, hope you aren't one of them. You would simply use the forum search button when you need something to know. So you would get appropriate answers in this way. If in case you miss your answer, then raise your question in the appropriate section by creating a new thread.

I will refer you to read this topic, [GUIDES] on Bitcointalk. Index thread (until there is a dedicated subforum?). You will get lots of useful thread here related to bitcoin/cryptocurrency and forum. I am expecting positive contributions from you.

Have a nice journey with the forum.
4260  Economy / Reputation / Re: Coolcryptovator's telegram impersonator. on: October 12, 2020, 05:27:25 PM
Just try it to report and ask the community to report too (just like what I'd did). Upon checking both telegram accounts, you and the impersonator it's clear that there's an impersonation because of having the same profile photo which is the same as your telegram account. Meaning to say, there's an intention to act like you and might to scam people because you're a campaign manager and quite popular here in the forum.
Have sent a message to @notoscam, but not yet getting responses. I will ask the community if I can report it successfully. Just now another person contacts me via telegram who was going to deal with the scammer. When that person asks the scammer to send him PM via forum then the scammer refuses to do it. Then he comes to me via my profile telegram username. Then I forward this thread to him.

That's the reason why always I have been suggesting peoples send me a PM regarding any financial deal with me, and suggest them to do the same with other forum users as well. I just want to encourage people for good practice, so they could use it with other users as well and would save their funds from scammers.
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