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4561  Alternate cryptocurrencies / Altcoin Discussion / Re: IP Law NFT on: August 30, 2022, 05:06:32 AM
A court has to decide this and it depends on the jurisdictions and the laws of that country.

Technically you would be selling copyrighted material and that is illegal.
But also technically NFT tokens don't really have anything to do with what you are selling since they are just tokens without any relationships with the copyrighted material apart from what you claim!

For example if you say that this hash (9c1a66debeea8219c72c359bfaba4e0d62f9d36e29542ef5507bec4961b74248) is the Mona Lisa painting and fool an idiot to pay you for it, that doesn't mean you actually sold that idiot the actual painting. You sold them dog shit in truth but still in some laws this is considered a crime since it is an obvious scam.
4562  Bitcoin / Electrum / Re: How to synchronize your electrum PC wallet with its android application on phone on: August 30, 2022, 04:55:45 AM
How can someone create electrum wallet on PC.
But the problem I have is the windows. I am using windows 7 not 8. so what shall do?
Upgrade to a newer version of windows or move to Linux whether install it or you can run it live (remember to keep a backup of your wallet). Although it is not recommended but you can also use a slightly older version of Electrum if you can't install the latest version but you won't get the latest bug fixes or new features like LN. Version 3.3.6 has been working fine on Windows 7 and it didn't have any serious bugs.

P.S. don't forget to verify the binaries: https://bitcointalk.org/index.php?topic=5240594.0
4563  Other / Archival / Re: WasabiWallet.io | Open-source, non-custodial Bitcoin Wallet for desktop on: August 30, 2022, 04:51:22 AM
I think case with Mara mining pool was much worse than with Wasabi that still didn't implement any restrictions as far as I know, and we didn't see nearly as much complains in forum about that.
Mara pool received a lot more backlash than Wasabi has received and more since their stock crashed too which is worse for a company like this. It was so harsh and swift that soon after the initial announcement they had to go back on their words and claim they are no longer censoring anything.
4564  Economy / Economics / Re: The impact of Russian and Ukrain war on world economy on: August 29, 2022, 09:47:02 AM
~
There is no other explanation for these strikes, but they do not want the stolen oil tap to stop. Otherwise, why aren't the Iranian Revolutionary Guards' deployment centers in other countries such as Yemen, Iraq and Lebanon targeted? It is also noteworthy that Turkey has escalated its attacks against Kurdish groups, whether in northern Syria or in Iraq, and these groups are directly supported by America. There is a conflict of interests in the Syrian field, and this is one of the goals that they succeeded in reaching after the failure of their attempt to overthrow the regime in Syria .
They are hitting Syrian resistance positions not Iran's since they know Iran would retaliate hard and they still haven't forgotten what a dozen hypersonic missiles did to their biggest and heavily defended base while their defense systems all watch impotently
https://www.youtube.com/watch?v=3GWtBtkri-k
https://imgur.com/F6oQGsk

The plan is actually to leave Syria in as much chaos as they can when they are kicked out of Syria just like what they did when escaping Afghanistan. Part of that plan is to try and revive ISIS terrorists in the region.
This plan is pursued more seriously now that the oil infrastructure that US has been stealing from are targeted and the production is estimated to have decreased by at least 85%. With US casualties piling on, the cost of being there is exponentially increasing making it hard to hide them and justify the pretense.
4565  Bitcoin / Press / Re: [2022-08-09] Iran makes first import order using cryptocurrency on: August 29, 2022, 09:15:24 AM
More news has come out about this approving my initial statement about replacing SWIFT.

Yesterday at the end of the Automotive Manufacturing Revolution Expo, the minister of Industry, Mine and Trade talked about "crypto-asset" regulations and he mentions that the new infrastructure is going to provide the alternative option to be used to import goods using bitcoin instead of USD and EUR.
Car imports were the focus of the press conference and the details of the mechanisms they have to follow.

Unless China, Russia and Iran decide to use an alternative to SWIFT, I wouldn't be surprised to see more of them using bitcoin in this fashion.
SWIFT was replaced between Iran and other countries with alternative methods of payment at least 4 years ago. Russia and China are now joining in this year [publicly]. More countries that are members of BRICS or SCO are planning to join in the near future.
Bitcoin will be one of the options not the main replacement.
4566  Economy / Economics / Re: Who will Replace Russian Gas Supplies to Europe? on: August 29, 2022, 06:15:03 AM
I think Europe is working on alternatives from newer gas suppliers like azerbaizan, there is an undersea pipeline something called Nord stream 1. The way green energy is penetrating. I think, in a few decades we might not need Russian gas.
You mean "Azerbaijan"? That's not really a country, it is more like a tiny city. They don't really have gas either, we are currently providing their gas. Not to mention that even if they had any, they wouldn't be allowed to sell anything to EU considering the fact that it is a "fake country" created by soviet union by separating it from Iran and we are waiting for an excuse to take it back...
4567  Bitcoin / Bitcoin Discussion / Re: Why do you all ignore alternative tech on Bitcoin? on: August 29, 2022, 06:00:47 AM
It is entirely possible and has been for like 8 years.. It is absolutely functional..
Not as part of bitcoin protocol.

The point is that most run to some other shitcoin to do these things instead of using Bitcoin..
Well, that's the only purpose the token platforms such as ethereum serve so obviously shittokens are created there instead of bitcoin which is not a token platform but payment system.

That $30 billion NFT volume is an obvious one..
Just because you think their stupid doesn’t mean it isn’t a huge market..
You can put dog poop in a beautiful looking bag and sell it for a lot of money per bag but that doesn't make it useful.
4568  Bitcoin / Bitcoin Discussion / Re: The September effect on: August 29, 2022, 04:13:14 AM
Do you reckon prices will go up because of Ethereum merge?
Whenever shitcoins create a hype to pump their prices (like this hard fork), the pump occurs BEFORE the hype ends not after it. In other words the ETH pump should happen before the hard fork and then end either days before the fork itself or right as it is taking place.
Looking at the charts it looks like they already pumped this shitcoin in the first 2 weeks of August and the pump seems to be already over since the dumping began already.

Such pump and dumps have no effects on anything else, least of which bitcoin price!
4569  Bitcoin / Bitcoin Discussion / Re: Bitcoin and proof of stake on: August 29, 2022, 04:07:47 AM
The only reason ETH chose to become a PoS cryptocurrency is because it needed to scale to millions of users worldwide
I disagree. PoS doesn't really solve the scalability problem at all.
Not to mention that the main reason why they are moving to PoS is because they know that miners are not going to continue mining a shitcoin that can't gain value over the long term but could have increasing difficulty. Also PoS means those with the highest amount of this shitcoin (like the 72 ETH they premined) would be paid a lot of money for doing nothing.

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It wouldn't be possible to achieve high transaction throughput with PoW, because of the time it takes to produce blocks.
You are confusing the difficulty in Proof of Work with block size. They are not related. The block size is the factor that limits scalability.

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Most altcoins are heading towards the PoS direction
Exactly. They know that over the long run, miners abandon their useless coins which is why they are trying to find an alternative method of keeping their coin artificially alive.
4570  Economy / Trading Discussion / Re: Is trading gambling in another form? on: August 29, 2022, 03:09:40 AM
It is and it isn't.

The luck part, specially if you are randomly buying shitcoins hoping for profit, is exactly the same as gambling. You have a chance of winning or losing your money and the "house" always wins so you end up losing in the long run when investing in altcoins.

But the way you lose money is different. For example if you make a bet for 1BTC and lose, you will lose all of that 1BTC. But if you invest in a shitcoin and it gets dumped 80% you will still have 0.2BTC left.
4571  Bitcoin / Bitcoin Technical Support / Re: Bitcoin Flashing on: August 29, 2022, 02:40:50 AM
It sounds like someone invented a new term and reading the website descriptions on google it looks like they are scamming people with "fake bitcoin transactions".

Just know that there is no such thing as "flash bitcoin" and you can not send "fake bitcoin transactions" or coins you don't already own.
4572  Economy / Economics / Re: Europe's drought the worst in 500 years on: August 28, 2022, 11:16:39 AM
Most of these published pieces are slim on details. There isn't a narrative published on how we got here. Its portrayed as if this crisis happened virtually overnight. "No one could have predicted this disaster."
Someone explained it for me once and apparently it was easily predictable.
First thing I should point out is that this drought is reverse for us, meaning we are getting out of drought to the point that we have seen multiple floods this past 2 months.
Basically it is all about global warming and how the ice mountains in poles have been melting so the clouds don't go up as much and end up raining in lower latitudes. Which means when you move towards south from Europe you will see more rains and the more north you move you'll see less.

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Even though I remember reading about water shortages in yemen 15 years ago.
The water crisis (among other things) in Yemen is because the country is at war against a dozen other countries that keep attacking their infrastructure.
4573  Bitcoin / Bitcoin Discussion / Re: Dip, Dipper, Dippest on: August 28, 2022, 10:14:48 AM
You need to zoom out more to see that price has been doing this for more than 2 months now so it surprising that you were surprised by the same trend that has been happening this long. We are in a sideways market, despite some signs of momentum but since $25k resistance was not broken we didn't turn sideways into bull market. Similarly since $20k could not be broken it also couldn't turn into a bear market either.
Sideways it is for more weeks probably.

P.S. Stop following idiots on social media who seek attention by predicting random "numbers".
4574  Bitcoin / Bitcoin Discussion / Re: An article on how to be a Bitcoin maximalist on: August 28, 2022, 07:48:30 AM
It is funny to know that the term "bitcoin maximalist" was first introduced by shitcoiners who couldn't argue against those who were simply pointing out the flaws in the shitcoins they were bag holding. For example if you tell a ETH bag holder that their shitcoin is centralized with a mutable blockchain, they would reply by calling you a "maximalist".

Otherwise any bitcoin, specially those who are interested in the Bitcoin technology (not just profit making) are actually very keen on any other development in alternative cryptocurrencies. It's just that we are too tired of seeing the same copycoins claiming they are "better" just because they did something silly like changed block interval from 10 minutes to 2.5 minutes Cheesy

However, they believe that these crypto assets and services are profiting off the short-term limitations of Bitcoin,
I disagree. They are benefiting from two things:
1. Bitcoin history.
They basically tell newbies about how bitcoin has gone from $0.001 to $70,000.00 and convince them that their shitcoin can do to just because it is worth $0.000000001 today.

2. People's lack of technical knowledge
They rely on the fact that when you tell people a particular shitcoin's blockchain is mutable and centralized, they don't understand what it means and why it is bad.
They also rely on being able to convince them that the meaningless change they introduced in their  copy of bitcoin "solved" a "problem".
4575  Bitcoin / Bitcoin Discussion / Re: Why do you all ignore alternative tech on Bitcoin? on: August 28, 2022, 07:06:35 AM
Look at the top altcoins.. All that market share taken away from Bitcoin mostly for the promise of tolkenization and smart contracts..
Bitcoin is a currency and is not created to be traded for us to care about how much "market share" it has. Specially if by market share you mean market cap ratio which is meaningless anyway.

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Most of that can already be done on Bitcoin, and with more development time and expertise even more is possible..
Most of what? Scamming people by creating tokens and selling a useless digital thing to them?
That is not possible on bitcoin and will never be.

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So why are you all so complacent to let all that market share slip away to other shitcoins when it could be kept in Bitcoin itself?
Give us one actual use case of tokens in real world then we talk about whether bitcoin should add this useless feature or not.

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All of you supposed Bitcoin maximalists, have you ever even used the DEX on bitcoin? Did you even know their was a DEX on Bitcoin? Have you ever created or traded assets on Bitcoin, even just to experiment and see what can be done?
Why not?
Because bitcoin is a currency. You don't see me trading on Forex market either. I earn bitcoin, get paid in bitcoin, pay others in bitcoin. Just like I do with fiat currencies.

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Bitcoin dominance is only 40% right now..
So it all comes down to you not understanding the difference between dominance and market cap ratio Tongue
4576  Bitcoin / Development & Technical Discussion / Re: Can we validate all the blocks created till date with the first Satoshi client? on: August 28, 2022, 04:14:02 AM
Taproot finally reintroduced the op_ver functionality without the flaw.
Considering that the only versions that I know of in Taproot is the defined Tapleaf versions (currently only 0xc0 is defined) and the fact that OP_VER seems to be pushing the protocol version to the stack (doesn't look like the value depends on the stack itself.), and the fact that Taproot interprets 0x62 as OP_SUCCESS, could you explain what you mean here?
4577  Economy / Economics / Re: More Americans Than Ever Can’t Afford to Pay Their Electric Bill on: August 27, 2022, 02:28:00 PM
Which country is this?
Iran.

Can you share how much energy you used for this price, and how it gets that low?
My electric bill was extra low because I got a 50% discount on this bill since the amount of electricity I used was lower than same 2 months in previous year (this summer was a lot cooler so less air conditioner).

But generally speaking since my country has the most amount of fossil fuels in the world (among top 3 at least in oil+gas), fantastic geography for renewable energies (wind, sun, hydro, geothermal, etc), growing nuclear power plants, ... electricity has always been very cheap. Other energies have also been very cheap, I actually paid a bunch of bills today and my gas bill was about $1 and my water bill was a little less than a dollar.

I should point out that part of the low price in dollar is the terrible exchange rate Rial has which is why I intentionally used the "bag of chips" for comparison to clarify that generally speaking utility bills are indeed very low here, for example total of what I paid today (electric, gas, water and phone bill) would be barely 1% of the lowest salary in my country.

Here, we have (for both gas and electricity) a fixed cost per day for the connection and consumption rate. Both are subdivided into several parts including taxes, but that's not relevant for the total. We also get a fixed tax reduction, which is higher than the fixed cost per day. So if you don't use much in summer, you can get very low or even negative costs. But, we pay an average amount per month so people can still afford it in winter.
The rates here are fixed (may change every decade with inflation). And we always pay exactly for the amount we used and usually every 2 months. Some exceptions apply like for those who use a lot of electricity, where the rate goes up incrementally to prevent abuse (BTW this doesn't apply to licensed bitcoin miners, they get a slightly higher but fixed rate which is still lower than anywhere else).
Electricity prices also differ based on the city, for example in the south where it is a lot hotter than closer to north where I live, the electricity price is even lower since people naturally consume more electricity for air conditioners and such.

A 9.6% hashrate would put you in Canada. I how no idea how power prices are build up there.
My data may be a bit outdated since I computed the share last year (~6 months ago) and I basically reversed the amount of tax the government had claimed to have earned from miners to get the total hashrate percentage which put it a little less than 10%. However official statements have claimed it is about 5% at the time and the historical chart at Cambridge Bitcoin Mining Map approves it too but it puts the current percentage at 0.12%.
This makes even less when you consider that Iran has been using bitcoin as payment for international trades and considering trading bitcoin is not regulated, the only way they can receive bitcoin is if they take in form of tax from miners.

The Cambridge thing may be reporting based on news instead of actually computing the percentages. The 5% they reported before was a public announcement and the 0.12% is also related to another news 2 months ago where the government claimed they would be shutting down miners during summer to prevent power outages.
But considering that there has been no power outage until today (third month of summer) and on a Persian forum miners claimed they never received any new regulations telling them to shut down, raises some questions about validity of those stats by Cambridge (not saying they are for sure wrong though since I don't have enough information and the government doesn't really release any clear statistics!).
4578  Economy / Economics / Re: More Americans Than Ever Can’t Afford to Pay Their Electric Bill on: August 27, 2022, 12:04:29 PM
And I just paid my electric bill for the past 2 months and it was $0.32. A bag of chips is 10x more expensive than that which always makes me wonder why the hell our hashrate isn't higher than 10% yet. There is some regulations involved and some taxes but it is not that bad to discourage major investment in big mining farms.
4579  Economy / Economics / Re: The impact of Russian and Ukrain war on world economy on: August 27, 2022, 05:01:54 AM
In case of Iran, even without the nukes NATO will be having a hard time if they go on the offensive.
It's actually pretty funny when you learn that US regime hasn't even been able to win against Iran in their dreams Grin
I'm talking about the biggest military exercise US had to date called the Millennium Challenge where they spent $250 million at the time (about $400 million with today's rate) with 13,500 service members in a massive area of operation and computer simulations to accompany that.

In the first run, US was defeated in 5 minutes. ROFL
They repeated the exercise many more times each time significantly restricting the other team's (Iran) capabilities. They were miserably defeated every time.
They continued this until the commander got too angry about continues defeats that he kicked the operation table and left the whole thing.

https://www.19fortyfive.com/2022/05/how-iran-defeated-the-u-s-military-in-a-war-thankfully-it-was-a-simulation/

That is from early 2000 and it was not even using 1% of Iran's capabilities at full scenario, while it used nearly the full force of US military!
4580  Bitcoin / Bitcoin Discussion / Re: Forbes claims that more than half of Bitcoin trade records are fake on: August 27, 2022, 04:34:51 AM
Nobody has ever doubted that the cryptocurrency exchanges have been reporting fake volumes. Some more than others, for example the Chinese exchanges that the Chinese government cracked down on and shut them down were reporting unrealistically HUGE volumes and were actually using it as a covert to launder large amounts of dirty money through their centralized platforms. The other exchanges are doing the same too.

The thing is, you can't calculate how much of it is fake by looking at public data. You have to actually gain access to their internal private data and use that to compute the fake volume and then arrest them for money laundering.
What people at Forbes are doing is simply nonsense and the article is only using technobabble to justify the numbers they reported in their FUD.
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