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4981  Bitcoin / Legal / Re: Binance Received Regulatory Approval From Canada and Bahrain on: December 28, 2021, 06:56:29 PM
It's clearly good news. It's unfortunate that they have to comply a lot of crap to be accepted, but I guess that they've done it right this time.
Now let's see what's going to happen with the countries where Binance was already in trouble.. will they be OK with the new move or will ask for more?

This makes the Canadian financial services (and potentially many other countries' services too) look A LOT less hostile towards cryptocurrency.

For some time lately they are no longer hostile. Everything has change since big companies invest into bitcoin.
And as long as Binance does all the legal steps, the financial services will accept it, at least in the more open minded countries.
4982  Bitcoin / Development & Technical Discussion / Re: check sum a base58 private key on: December 28, 2021, 12:46:47 PM
Although it tells it's not optimized, you may find useful parts for your needs here: https://gist.github.com/CodesInChaos/3175971
Another one I've found is https://github.com/adamcaudill/Base58Check and you can get it as NuGet package.
Both are not my code, I've just found them on the internet.


4983  Bitcoin / Electrum / Re: Cant increase Transaction Fee as got new incoming transaction on my wallet on: December 28, 2021, 10:55:03 AM
For rising the fee you right-click the unconfirmed transaction, rise the fee, sign and broadcast.

But I am not convinced that it will use funds the new incoming transaction, I think that it will use same input(s) and make one of the original outputs a bit smaller.
Edit: it looks like I was wrong about the RBF strategy, it's described correctly a bit further down.
4984  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 28, 2021, 10:48:00 AM
TL:DR: Everything looks fine.

After the nice attempt to recovery yesterday and then the fall I was a bit puzzled.
I was hoping for some somebody come with the numbers and charts.
Thanks.
4985  Economy / Economics / Re: What's your opinion of the insurance industry? on: December 28, 2021, 10:45:46 AM
OP, the radio boxes on the top show that you don't seem to have a deep enough understanding of insurance industry.
I will not write again what's already in the previous post, but there are many complex operations (from getting the best premium/benefit ratio to avoiding fraud) involved there which cannot be automated/put into smart contracts. Also without humans pestering the others to buy insurance from your platform, they may easily turn to the competition, just because there's somebody to (pretend they) hear them there.
4986  Economy / Economics / Re: IMF, 10 countries simulate cyber attack on global financial system on: December 27, 2021, 08:19:12 PM
This last part is interesting (see:bolded)

Quote
The participants discussed multilateral policies to respond to the crisis, including a coordinated bank holiday, debt repayment grace periods, SWAP/REPO agreements and coordinated delinking from major currencies.

Much has been said about the US dollar being the world's reserve currency. "Coordinated delinking from major currencies" like the US dollar could be worthwhile measures to insulate global financial systems from inflation and attacks on any single nation's financial and economic sectors.

It could be considered the type of proactive meausres necessary to contain the 2008 economic crisis.

The preparations may be related to events like the attacks/hacks against SWIFT made by North Korea's army of hackers.
The thing is that North Korea needs badly more and more money, especially for the nuclear program, and the banking system tends to be one of the easy targets at hand.

I think that this is unrelated to Bitcoin and it's also not really something that should be taken as "bye-bye US Dollar". I don't know whether it's related or not with the economic crisis which will come sooner or later.
4987  Economy / Service Discussion / Re: Visa Partners With 60 Crypto Platforms to Let Consumers Spend Digital Currency on: December 27, 2021, 07:59:42 PM
but for the most part money talks....

Indeed. Money talks.

I guess that in order to have those cards working, in most cases some startups/financial companies need to be made "there", because current small (bitcoin card) companies just don't know what papers they may need in the other side of the world so they have everything OK and legal so Visa/Matercard will have nothing to complain. And since they don't expect big revenue for the effort to find that out, they just don't bother.
From what I know, for now most of the crypto cards are issued by financial companies on behalf / for crypto related companies. Quite a number of "hands" for such a "small job".

Maybe after this new partnerships it will be easier also for African companies get to issue crypto cards. It would be shame not to.
4988  Bitcoin / Bitcoin Discussion / Re: Satoshi's p2p account hacked again on: December 27, 2021, 07:20:49 PM
You can't see the content now, but when I found it on Google a moment ago, it seemed to simply be pointing it out, and not spamming.

The problem is that the guy has posted the entire content, and that's about NTFs. I don't know if it was meant to be spam or not.
The original Reddit post is here: https://web.archive.org/web/20211226053929/https://www.reddit.com/r/Bitcoin/comments/roqe0t/post_from_satoshis_p2p_foundation_account/
The culprit post is: http://p2pfoundation.ning.com/forum/topics/bitcoin-open-source?commentId=2003008%3AComment%3A169634

I don't think that Satoshi would care of NFTs so much to come back for that. I certainly believe it's hacked.
4989  Other / Beginners & Help / Re: A meme worth understanding... on: December 27, 2021, 05:10:27 PM
I don't watch what's happening with the court. Are we winning? I heard he has to pay millions of dollars and saw this as an advantage.

That was another trial, with Kleiman against CSW (I think).

The actual proper good news come from the lawsuit started by COPA against CSW and there the first step was already a success: the judge basically declared CSW as a liar and fraud.
You should read the first 2-3 posts there: https://bitcointalk.org/index.php?topic=5378263
4990  Bitcoin / Press / Re: [2021-12-25] Turkey President: Crypto Law Headed to Parliament on: December 27, 2021, 04:16:00 PM
Although Erdoğan didn’t disclose much in the way of details this time, he said in September that the government “has absolutely no intention of embracing cryptocurrencies.”

I don't know what are the expectations on this, but I guess that it will mostly mean taxes for crypto and regulations for crypto businesses.
I don't know how was crypto seen by Turkey until now, but the only good part I see is that they don't ban it.
And since afaik crypro was not illegal in Turkey, the news are not particularly good.

the Lira's on a death spiral, something like 50% value loss in past few months? Hearing all sorts of stories about crypto wealthy buying up property there for bargain prices.

It was bad. It did recover a little, but still not good. And the news about the bargain prices were related to anybody having anything else than Turkish Lira, i.e. the foreigners. And this was quite a blow since Erdogan's rhetoric used to be anti-foreigners.

Still this news is not that much related to Lira's problems. All governments see crypto as a cow that needs to be milked ASAP.
4991  Other / Beginners & Help / Re: A meme worth understanding... on: December 27, 2021, 03:58:47 PM
Ignoring them completely is the best alternative.

This would only work if everybody would ignore him. And this won't happen. So every person ignoring him actually helps him.

Discrediting him publicly is the only real solution (and hats off to COPA for doing that), else he has the potential to do quite a big amount of harm/damage.
Unfortunately this has started far too late, one example being the fact people from the UK being unable to get access to Bitcoin whitepaper at bitcoin.org (by court order).

And I think that calling him a clown and a liar can be a small part we can do, much better than ignoring him.

Made me laugh hard Grin



It's a good one indeed!  Cheesy
4992  Bitcoin / Bitcoin Technical Support / Re: No outgoing connections on: December 27, 2021, 03:33:42 PM
Then, bitcoin-cli stop to use the qt:
Code:
bitcoin@raspibolt:~ $ bitcoin-cli stop
error code: -28
error message:
Verifying blocks...

I went to protocol.h to check what does that mean. Apparently, the client is still... “warming up”. What is that suppose to mean?

The "Verifying blocks..." is one of the things done at startup. It should not take too long... unless something is wrong.
It never happened to me, but this can be a start: https://bitcointalk.org/index.php?topic=622937.msg6902445#msg6902445
Is everything OK with the storage/SSD?
4993  Economy / Economics / Re: Corporations use inflation as an excuse to raise prices and fatten profits on: December 27, 2021, 03:14:12 PM
My country has quite an experience with the inflation. It was quite high not that many years ago and even now it's not so small.
We used to see how each time the USD price took a jump, the gasoline price did the same.
But there were periods of time the USD price was calming down, and slowly even falling. Guess what? The gasoline price most often no longer followed the trend.

My point is: inflation was always used an excuse for fatten the profits. It's nothing new really. Basically the new thing is that this time it happens also in U.S. of A.
4994  Other / Meta / Re: Report plagiarism (copy/paste) here. Mods: please give temp or permban as needed on: December 27, 2021, 02:57:20 PM
user: AltCoinsHUB
https://bitcointalk.org/index.php?action=profile;u=3423125

He did almost 100% copy/paste yesterday for two of my replies:

I see he does copy/paste replies all over the place. A new example:

Giving loans without collateral in the internet is like giving money to a beggar without expecting any returns.

While the subject is a wet-dream for addicted gamblers and impulsive traders, the ones providing them usually have put in some catch in the deal that allows them to hunt down the borrower.

For a small-cap investor
being on the lender side of flashloans would be a type of gambling.

However the link posted by the OP is about a flashloans platform being exploited. Personally, I have never been a fan of DeFi projects, specially which are trying to run lending and borrowing without DeFi itself being regulated. But I guess there is a demand for such loan sharking.

and the plagiarist:

For a small-cap investor, lender participation in flashloans would be a form of gambling.
However, the link published by the OP is about using the flashloans platform. Personally, I've never been a fan of DeFi projects, especially those that attempt to engage in lending and borrowing without regulation by DeFi itself. But I guess there is a demand for that sort of thing.
4995  Bitcoin / Bitcoin Discussion / Re: Donald Trump Says Crypto Is 'Very Dangerous' ... but ... on: December 26, 2021, 07:58:51 PM
Donald Trump Detests Bitcoin, Calls BTC a Scam, Wants Heavy Crypto Regulation

1. This discussion is about NFTs, not about Bitcoin.
2. Trump said this or that about Bitcoin. So what? Politicians do say things. They usually don't mean shit.
3. whatever(dot)bitcoin(dot)com is on bcasher's website. Including the newspaper. You could find better sources.
4996  Bitcoin / Bitcoin Discussion / Re: I recovered my wallet from 2014 and saw how close I was to being a millionaire on: December 26, 2021, 07:53:26 PM
A lesson that I learned here is never sell

One problem is that you seem to have sold in the 2014-2015 crypto winter. So you seem to have lost faith in Bitcoin. That's a mistake.

So the problem is not that you sold. The problem is that you sold cheap you probably didn't buy back. You should have sold a bit earlier, maybe summer of 2014 and in the summer of 2015, when people were losing hope, you could have bought back. That would have been a great business.

Also, one golden rule is that if you don't plan to ever buy back, then you better sell only (small) parts of your stash.


However, past is past. The only useful thing to do is learn from it. If you regained the trust in Bitcoin, you can consider buying again (but please decide for yourself whether you do or not, don't do it because of my words). If not you, maybe your kids get the chance to be millionaires.
4997  Bitcoin / Bitcoin Discussion / Re: Donald Trump Says Crypto Is 'Very Dangerous' ... but ... on: December 26, 2021, 07:40:50 PM
I hope that he knows, that NFTs are on crypto blockchains.

1. It doesn't matter. What he declares and what he does are not the same. Never were.
And he doesn't care. At the end of the day, all he cares about is if this "thing" gets him profit. In dollars, obviously.

2. What does all this have to do with Bitcoin?!
4998  Other / Meta / Re: Upgrade00 - Merit Source Application on: December 26, 2021, 07:33:37 PM
I will start with the first reply you've got, I hope that KingsDen won't mind: "Application long overdue!"

You are highly active, you're "old" enough on this forum, you know how the things work,... what took you this long? Grin
Yes, I know, it need a bit more commitment. But it can be done. And I'd say that a couple more merit sources will be good.

So yes, supported. Good luck!
4999  Bitcoin / Bitcoin Technical Support / Re: Bitcoin Node on NUC device? on: December 26, 2021, 07:26:47 PM
Running a node isn't like mining. The high power consumption will not be sustained, even if the TDP is designed as such. Your processor should only use as much as it requires, though a full fledged board would likely have additional components that require constant power.

You're right. I was thinking to the fact the NUC will probably have some more USBs to power and so on and also the processor using more than the Pi when should not do anything.
Maybe it's not much, but it adds up and it also matters as noise (more power use unnecessarily = more heat).

In theory I could even add some larger MicroSD card, because there is one port for that.

I've read that MicroSD cards can get hot if used continuously, hence can get damaged (or at least this is how I remember it). I'm not convinced they're a worthy option.
5000  Other / Meta / Re: New child board idea - Notable Twitter Threads on: December 26, 2021, 07:14:16 PM
So I've noticed that there's a TON of bitcoin related discussion that happens on twitter.

It would be cool if we had a "notable twitter threads" child board so if users see something interesting, they can share it for others here.

There are few very interesting things said about Bitcoin on Twitter indeed. But they're actually very few, there are too few discussions there that worth mentioning here, while a lot of spam and useless talk is the normal there. The Press board already has its fair share of spam from businesses advertising their websites instead of having only notable things there. I expect a similar area for Twitter get even more spam.

It would also bring more attention and users to the forum itself

Um.. no... if there's a post here about Twitter, people will go to Twitter check it, will not get Twitter people here since they won't know that.

and would help serve as an archive of sorts.

its difficult to find these threads after a couple of months have passed unless someone retweets it.

I suggest you bookmark whatever you find interesting. If it's very, but very interesting, you can probably post it to Bitcoin Discussion.
Or it may also have been already turned into a news and then you can add it to Press.
However, use your browser's bookmarks. You'll see, it can help even with many Bitcointalk topics too.
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