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5181  Other / Politics & Society / Re: Has Russia committed War crime? on: April 05, 2022, 10:22:24 AM
I believe we're seeing a repeat of the history of Yugoslavia, demolished cities, a war potentially lasting 2-3 months, lot of civilians killed. Certainly, when looking to all these bombarded cities, it's safe to imply that a large amount of deaths have been committed.

The difference is that the war in the former Yugoslavia lasted for years, and that the crimes committed in that period are far more horrific and massive than what is happening so far in Ukraine. This does not mean that this war will not have even more serious consequences in the end, because people are dying every second, and cities and villages are being destroyed without mercy.

What Serbs and Russians have in common is their mindset, which is completely identical - Milosevic 1991 and Putin 2022 behave completely identical. The link in my profile shows what happened to Vukovar in 1991, similar to what is happening today with Mariupol, the same strategy, the same consequences and not a bit of remorse for what was done. Only a few people were convicted of the crime, and Serbs, like Russians today, claim that all this is not true and that the city collapsed on its own.

I do not believe that Russia will ever be held accountable for crimes, just as no American citizen has been convicted in an international tribunal for crimes committed in Iraq or Afghanistan.

https://www.youtube.com/watch?v=e6HU00DCAL4
5182  Bitcoin / Hardware wallets / Re: Hardware Wallets for Long Term on: April 05, 2022, 10:00:10 AM
You generate a new seed phrase with your device, make a backup on a piece of paper afterward, generate and fund multiple addresses, and wipe the device.

It's one way, but it's even easier to have just one seed that can be extended using a passphrase, so it's possible to have multiple individual crypto wallets that share the same seed, but each passphrase creates completely different coin addresses. Theoretically, more people can use one HW without compromising the security of other users, assuming the passphrase is complex enough that it cannot be easily guessed or brute-forced.

I wouldn't agree that HW is a full offline wallet, you still connect that device to the internet, whether it's transactions, download/upgrade coins app, or firmware upgrade. If someone wants something completely offline, then a properly made cold wallet (airgapped wallet) is the only right solution.

https://en.bitcoin.it/wiki/Cold_storage
5183  Other / Beginners & Help / Re: Wallet advice on: April 05, 2022, 09:32:02 AM
After learning how to download, install and use Coinomi at last I discovered that coinomi does not supports TRC20 coins.
I am looking for something where I can also store my USDT TRC20 coins along with some other major ones, hence have to stick with Trust Wallet.

It's something I didn't know because I don't have any similar tokens in my possession, but I've done a little research on the subject and here's what Coinomi has to say about it:

The Tron version of USDT is currently not supported by Coinomi. USDT on Tron, along with other TRC20 tokens will be supported on a future update. If you receive USDT on Tron, don't worry, your tokens are perfectly safe and will display normally once TRC20 support is added.

I'm not an expert on all these things about tokens and their chain/layer, but I know you have to be careful with transactions because there are a lot of token cases that end up at the wrong addresses due to all the confusion about where it actually belongs.
5184  Economy / Economics / Re: WTF? Food prices expected to raise up to 50% in German supermarket. on: April 05, 2022, 09:15:56 AM
Something tells me this is only the beginning. Sure the current geopolitical situation has increased shortages, but long-term EU emission goals for 2050 and even for 2030 mean we'll have to consume much less fossil fuel. I've already seen memes about it. Those goals are unrealistic or at least very expensive.

It was an idea, but I do not see how the EU will be able to achieve these goals within these deadlines, especially if it has to speed up the process at the moment in order to get rid of its dependence on Russian oil and gas. I think that some kind of turnaround will have to be made towards increasing the production of energy from nuclear power plants, which might mean building new ones.

A few days ago I read the news that the UK plans to build several new nuclear power plants in response to the current crisis, and despite the EU's resistance to nuclear power, this seems like one of the proposals to be considered. As far as gas is concerned, the only logical choice is to build LNG terminals in strategic places in the EU, ie to upgrade the already existing infrastructure.
5185  Economy / Scam Accusations / Re: Stay away from Luter01 and all his related accounts on: April 04, 2022, 03:38:41 PM
@sandy-is-fine, and more than the obvious alt account of this serial scammer - it's amazing that it doesn't even try to be innovative at all, which is kind of good because it's quickly recognized and tagged. Although @Luter01 deleted his post, it is archived - he only changed the contact information.

https://ninjastic.space/post/56951783
https://archive.ph/Euuq3 (@Groomerboll OP)
5186  Economy / Economics / Re: WTF? Food prices expected to raise up to 50% in German supermarket. on: April 04, 2022, 02:39:32 PM
I think it has been said many times that we will have to pay for everything that has been going on for almost 2 years, and some have obviously imagined that there is something like a free lunch - but that lunch has now come to fruition, with interest. The war has only added fuel to the fire and is not the main reason for inflation, although some are trying to portray it as the main reason for this price rage.

I have noticed that some things have become more expensive, especially sunflower oil, which is 30-60% more expensive depending on the producer, although the rise in food prices will only be felt in the coming months because producers are facing higher prices for fertilizers which is measured in hundreds of percent upwards. I grow vegetables in my garden, and the land for seedlings I use is 100% more expensive than last year, not to mention everything else.

As far as the European Central Bank is concerned, centralization and the common currency are now coming to the fore, all eurozone members are in the same problem - while those countries that have their own currencies still have more room for maneuver.

Although this is not the rule for all non-eurozone members, for example, the price of 1 liter of gasoline in Hungary is € 1.28, while in Italy it is € 1.87 and in France even € 2.00. (data for March 28).

https://www.tolls.eu/fuel-prices
5187  Bitcoin / Bitcoin Discussion / Re: Goodbye, privacy, goodbye, it was nice while it lasted. on: April 04, 2022, 02:14:32 PM
Also I don't get how they want to handle Monero, since the transactions aren't public. Will they just ban it? Many open questions.

I am in the EU, and in my country they have solved it in a way that regulatory agencies have asked all local crypto exchanges to remove such cryptocurrencies from their offer - and they have done so. I see no reason why this should not be a model that others will not follow

Bitcoin Store uklanja "Privacy coins" kriptovalute iz ponude
Sukladno novim smjernicama iz HANFA-e Bitcoin Store će ukloniti sljedeće kriptovalute (Privacy Coins) iz ponude: Monero, Decred, Zcash, Dash, Horizen, PIVX, Firo, Verge, Beam

The Bitcoin Store removes "Privacy coins" cryptocurrencies from the offer
In accordance with the new guidelines from HANFA, the Bitcoin Store will remove the following cryptocurrencies (Privacy Coins) from the offer: Monero, Decred, Zcash, Dash, Horizen, PIVX, Firo, Verge, Beam



I believe that's where some of us might be wrong. In believing that the government is doing this for the prevention of plebs from being scammed. No, they're doing this because MASS ADOPTION of Bitcoin could mean death to their political strongholds. They didn't understand the underlying nature of Bitcoin until it was too late. The Pandora's Box is open, the government is merely trying to close it.

In an attempt to remain ostensibly democratic and not follow in China's footsteps, they have been doing so for years - just look at what central bank governors are saying. Now that they see that the thing has gone too far, they will do everything to make Bitcoin as uninteresting as possible for all those who already own it or have planned to do so.

In the recent news that Thailand has banned cryptocurrencies as a method of payment, one could read the explanation that they do so in line with what is happening among others in the EU. It seems to me that they all read from the same manual, the only question is how quickly they will implement some things.

While the restrictions on the use of digital currencies for transactions will be effective starting April 1, companies in Southeast Asia’s second-largest economy will have until the end of April to comply with the new rules, the regulator said. It said the curbs on cryptocurrencies such as Bitcoin for commercial transactions are in line with regulations in Europe, the U.K., South Korea and Malaysia.
5188  Other / Beginners & Help / Re: Wallet advice on: April 04, 2022, 01:33:54 PM
Unfortunately after checking out the price of a hardware wallet, I don't think I can afford it. Even if I can somehow manage to purchase it, it's not worth as I don't own/or going to hold a huge amount of coins.

In that case, you have no choice but to try something from free crypto wallets, and I would recommend you to start with Coinomi - I also have it for some altcoins I've collected over the years and I didn't want to keep them in a hardware wallet.

Pay special attention to two things:

- download wallet only from the official site, which means that you should be careful not to click on some fake site that appears at the top of search results (use uBlock Origin) to block such ads.

- be careful with backup (seed words), because it is the only way for wallet recovery if something goes wrong in the future.

In addition, since it is a hot crypto wallet, keep an eye on your online activities and try to avoid suspicious sites and cracked software.
5189  Bitcoin / Hardware wallets / Re: Hardware Wallets for Long Term on: April 04, 2022, 01:04:37 PM
there has been a (possible?) leak of email addys:

One would think that they learned something from the Ledger fiasco, but that does not seem to be the case. Fortunately, for now, it has been confirmed that only e-mail addresses are hacked, although it is necessary to wait for the Trezor to complete the investigation.
5190  Other / Beginners & Help / Re: Tell people about bitcoin but don't force them to invest on: April 04, 2022, 11:00:50 AM
Im not saying it could happened but anything is possible when huge money is involved.

This is unfortunately true, and I know of many examples of very close friends and relatives being caught robbing their friends and relatives with whom they were on good terms. I remember one example from my country when the owner defended himself from the burglars who attacked him, shot one of the attackers and when he took off his mask he was shocked, he killed his brother's son who was in his house the day before.

Things have changed completely since the BTC was worth tens and hundreds of $ and no one really cared about it, until today when even having 1 BTC means you have a value of almost $50 000, which in my country is the amount for which a worker with a minimum wage earns in about 10 years, and I do not live in a third world country (although it sometimes seems so) but in a prosperous EU.
5191  Bitcoin / Hardware wallets / Re: Hardware Wallets for Long Term on: April 04, 2022, 10:45:48 AM
Would the Trezor brand be a good option for hardware wallet ? company and devices have good reputation etc?

Trezor is probably the best alternative that exists in relation to Ledger, and so far (at least as far as I know) they have not had any scandals in terms of data leakage of their users. However, we cannot say that they do not have their own flaw, which is that there is a security vulnerability that can be exploited and get the seed out of the device in case someone has physical access to the device.

There is a way to protect users from this risk by adding one extra word (passphrase) that should be strong enough to withstand any brute force attack. Also for the Trezor model T there is an option of additional protection through the use of an SD card.

Don't be discouraged by things like this, nothing is 100% perfect, and if you are aware of all the pros and cons of an HW, it will reduce the risks to a minimum.

Read more :

https://donjon.ledger.com/Unfixable-Key-Extraction-Attack-on-Trezor/
https://blog.trezor.io/our-response-to-the-read-protection-downgrade-attack-28d23f8949c6
https://wiki.trezor.io/User_manual:SD_card_protection
5192  Other / Beginners & Help / Re: Tell people about bitcoin but don't force them to invest on: April 03, 2022, 02:53:27 PM
Regardless of the good intentions that someone has, I have learned from personal experience that it is not very desirable to promote Bitcoin in a way that we talk about it to our friends and acquaintances, and even less to strangers. There are several reasons why this is not desirable, and I will only look at those that I consider particularly important.

I think it is wrong to tell people about Bitcoin only from the aspect of profit (buy low, sell high), because Bitcoin was primarily created as a currency and if we are already talking about Bitcoin, then it should definitely be emphasized. Furthermore, if we interfere in any way with someone's financial decisions, whether we like it or not, we become partly responsible for everything that happens next. Let everyone ask themselves what they will do when a friend knocks on his door and says that he lost everything he invested in Bitcoin, just because you told him about it.

What about your own safety and the safety of your family if some local criminals only suspect that you are storing a significant amount of BTC?
5193  Bitcoin / Bitcoin Discussion / Re: Regulators: are you able to protect effectively ... your private keys? on: April 03, 2022, 02:07:50 PM
It is an old worn-out method used by the centralized system for years to "warn" people not to invest in cryptocurrencies, or to put it the right way - to discourage them from becoming financially independent in any way. This concrete announcement came only as a continuation of the policy that the EU wants to implement, and they think that all this will help them with the sanctions they have against Russia and Belarus, as if cryptocurrencies will be a key tool to avoid them. Hypocrites who say such things at the same time continue to trade with those same countries buying oil and gas, and who knows what else.

However, I have to agree that people should be warned about the risks, because most people do not understand what they are investing in and become victims of scammers. But, there should be a clear distinction between a well-intentioned warning and the creation of public opinion that money should still be invested elsewhere, preferably in stocks or kept in banks.
5194  Economy / Economics / Re: New Financial Year Begins | Are you ready? on: April 03, 2022, 01:33:13 PM
@so98nn, I have to admit that you have planned everything very well, and I hope that you will be able to achieve good results in everything (or at least in most). I have to admit that I do not have such detailed plans, but I always strive to be as less dependent on the system as possible, and this especially includes banks and any kind of loans. I understand that loans are inevitable in some cases, but fortunately I don't need them.

I can't say that I am 100% ready for everything that is coming, but I consider myself a very flexible person who can very easily adapt to most changes. Given the increase in the price of everything, I focus on buying only what I really need, as much as possible the use of bicycles and public transport, and the beginning of the season of work in my garden where I hope to produce healthy fruits and vegetables this year.

Luckily, I've invested wisely over the years, so Bitcoin can always jump in to help me if needed Smiley
5195  Bitcoin / Hardware wallets / Re: Hardware Wallets for Long Term on: April 03, 2022, 01:03:23 PM
Ledge S, Ledger X, Trezer, BC Vault and Keystone

First of all, try to learn the correct names of what you want to buy, otherwise you could buy a fake device. The safe sounds to me like some kind of stun gun, but it's not a device that's bad to have with the Trezor Wink

Strangely, a device that looks like a Trezor called a Trezer does exist (or did exist).



i am leaning towards Ledger S so far, feedback and suggestions please
i just don' t want to get a hardware device that will become obsolete by tomorrow

You can't know when a company will stop supporting some of its devices, but Nano S is a device that appeared in 2016, which means that it is a bad choice if you want something that will have support in the long run.

Seems many choices and the good ones are expensive to get though

If you have cryptocurrencies worth a few hundred dollars with the potential that they may be worth even more in the future, you should never consider investing in security too expensive. A hardware wallet is not something you buy every day, so save some money and buy something good and quality.
5196  Economy / Economics / Re: Bitcoin's role in realizing 2030 SDGs on: April 03, 2022, 11:09:37 AM
They imagined it well, but the time in which they want to achieve it is simply too short, because we are already halfway there, and I do not see that anything has improved for the better - although from my perspective it is certainly not as visible as from the perspective of someone who he lives in a poor country and can detect minor changes for the better. 

If we only took the first three goals as an example "No Poverty, No Hunger, Good Health and Well-Being", it is hard for me to imagine that these problems can be solved by the end of this century, let alone by 2030. The fact that as many as 193 countries in the world have signed it is just a letter of good intentions, not a real wish to do something about all these issues.

Any role of Bitcoin as a decentralized cryptocurrency in all of this is really minimal because in order for these things to start happening at all, the way people think has to change. As long as people are resolving disputes through wars and acting like barbarians from some ancient times, with or without Bitcoin, we should not expect the world to be a better place.
5197  Economy / Speculation / Re: Predicts Bitcoin price by 2025 on: April 03, 2022, 10:35:45 AM
If we get a world war 3, or things keep going towards an economic crash, we could not see Bitcoin break its ATH in the next 3 years. 

If World War III were to happen it does not matter at all what the price of Bitcoin is or what the price of a stock is, then some other things will gain in value, of course for those who survive atomic, biological, and chemical warfare. On the other hand, inflation and everything that comes with it may be a good environment for Bitcoin to prove itself not only as a store of value but also as the only way of anonymous transactions between ordinary people who will be prevented from using ordinary financial services.



Not gonna be surprised after a 3-4 year cycle after the 3rd halving, Bitcoin will start rallying again.

I guess you meant halving number 4 (2012 - 2016 - 2020 - 2024), but hardly anyone will dispute that we will then have a big bull run again, and I think the OP is therefore interested in 2025.
5198  Economy / Exchanges / Re: Binance worth more than sum of European banks? on: April 02, 2022, 02:52:29 PM
@Lucius. Hehehe asking exchanges to reduce the withdrawal fee might be similar to asking the rich billionaires from Saudi Arabia to reduce oil prices by 30% also.

If you want to stay competitive and attract new customers, then you should be different from the competition (in a positive sense). It doesn't have to be 30%, but why not be more favorable than most others since you lost your main advantage which was that you didn't have KYC while most other CEX had it. I read somewhere that they have lost about 3% of customers, whether it is true or not - the question is what do they have better to offer than others?

In any case, did CZ also buy shares of Fortune magazine? This is the latest cover. It also appears that much of the bitcoin news media has overestimated his networth by $20 billion hehehe.

It is true that they have invested $200 million in Forbes, so it is not a problem for one such investor to appear on the cover, with so much money you can buy a lot of covers. As for his fortune, he could have $50 or $500 billion, I personally am not fascinated by it - people who need to talk about such things in public are not exactly the characters I appreciate.
5199  Economy / Speculation / Re: Predicts Bitcoin price by 2025 on: April 02, 2022, 02:07:57 PM
Given that 2024 will be followed by a new halving, and that daily production will be reduced to only 450 BTC, which brings us to about 13 500 BTC per month - with increased demand, the price will undoubtedly have to be higher than it is today. If we are going to speculate using what has happened in the past, then it is realistic to expect that the price of 2025 will be at least 2 to 4 times higher than today, which means between $100k and $200k.

Some may say that it is too modest, but in the time of 2.5 years, anything can happen, both positively and negatively. I consider negative everything that prevents Bitcoin from becoming a part of everyday life (ban on using Bitcoin as a means of payment (Turkey, Thailand)) to such things that the EU is currently trying to implement. And how positive or negative it is that Bitcoin is increasingly becoming a store of value for various companies and individuals remains to be seen.
5200  Bitcoin / Bitcoin Discussion / Re: How do you feel if satoshi back on: April 02, 2022, 01:24:12 PM
And if he comes back, it will be a great feeling, but on the other hand, it is also scary. Because people say if he comes back and starts to sell his holdings, the bitcoin price will be dumped brutally. That is why I am scared too.

No hard feelings, but given the time you spent on the forum, you should understand some things a little better. Why would Satoshi appear in public first, and only then sell the Bitcoin he allegedly owns, if he can do so at any time without causing panic in the market?

Furthermore, Satoshi is just one man who chose to disappear for the reason that he did not want Bitcoin to be in his shadow, so you and everyone else should be glad that he did so. And finally why people can’t figure out that Satoshi did his part of the job and now it’s all up to the rest of us.
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