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5841  Other / Beginners & Help / Re: What if I don't know how to trade on: September 16, 2021, 03:50:57 PM
Get the skill before going for the money.

Wait a second... you've missed something.
How about another start: trading is not for everybody. Trading is risky, trading needs learning, trading needs a certain mental discipline (i.e. balls).
If one thinks he has all this, then he can start learning and playing with tiny amounts (and clearly no leverage).

And then the other advises of yours start to make sense.
5842  Other / Meta / Re: Charles-Tim merit source application on: September 16, 2021, 03:42:03 PM
I also support the merit source application. You are still somewhat new, but you are helpful and very active. And you use your sMerit well.

The most important criteria for a good merit source is how frequently they rotate their source merits across the forum boards and sub boards

Actually the number of boards and sub boards doesn't matter. Imho what matters is how active he is (so he can spend the merit), and trusted (so he won't do strange things with the merit) and knows to find/appreciate the good/worthy posts.

Imho Charles-Tim has all that's needed. The only problem I see is, indeed,

Maybe the timing isn't the best because new merit sources were appointed about a month ago

Good luck though!
5843  Bitcoin / Bitcoin Discussion / Re: Why Germany have too many Bitcoin Nodes. on: September 16, 2021, 03:09:21 PM
Of course, nodes will be in places where people and businesses can afford to host one, that's why Africa has 16 nodes while Europe has thousands.

Indeed. And for the individuals also the cost for the internet (and subsequently, the speed) may still matter.
In some countries now the things are cheaper and faster, but I don't expect that happen everywhere.


Also, just as funny as this, even the LN nodes that Salvador uses are also hosted in the US.  Cheesy

I would have been surprised to be different, really.
5844  Economy / Service Announcements / Re: ALPS BLOCKCHAIN: mining in Italy from 100% renewable energy on: September 16, 2021, 03:04:52 PM
7. What kind of agreement do you have with customers? Mining revenues are inherently uncertain. Who takes the "risk"?
 FF
Quote
The risk belongs to those who bought the miners. We buy the computing power produced from the mining farm at market price and resell it to mining pools.

8. The mining farms are owned by the customers, but you are managing those on their behalf. Does this mean the electricity manager does not need any technical expertise regarding mining?
 FF
Quote
That's right, we create an all-inclusive service, tailormade to our customer needs. We study the productions of the plant and calibrate the farm on those. We create, through collaborations, the electrical, ventilation, sound-absorbing systems amongst the others.
 Then we manage the entire farm and buy what is produced, paying for it by bank transfer. Therefore the producer only has to issue a monthly invoice for how much is produced.

It's interesting that they seem to have no own hardware and they avoid the risks related to increasing difficulty or halving. I really hope that those sending hardware there get ROI in a decent time frame (they should, since the kWh prices are low, but I expect that all the other features - ventilation, maintenance, internet, whatever - won't also come for free).

And it's also interesting that they pay in fiat, meaning that if the price goes sharply up they'll have some earnings the hardware owners won't get?


... I may be missing/misunderstanding something, but while this business is beneficial for the industry, it doesn't look that good for the actual miners. Maybe it did in 2020, but 2021 had quite crazy market movements.
5845  Bitcoin / Bitcoin Discussion / Re: Why Germany have too many Bitcoin Nodes. on: September 16, 2021, 02:42:53 PM
From the numbers I'd say that it's US that has unexpectedly low number of Bitcoin nodes, not that Germany would have too many.

I wonder how people will explain both Salvador and Nigeria having ZERO nodes  Cheesy

LOL! However, I think that my point still stands. US has major cloud providers. US has history on its side (more early bitcoiners; may need better wording). US has the financial power - I don't really expect a Salvadoran invest into the hardware for a node, but an US citizen may even have that hardware sitting unused.
5846  Bitcoin / Bitcoin Discussion / Re: Why Germany have too many Bitcoin Nodes. on: September 16, 2021, 02:02:29 PM
From the numbers I'd say that it's US that has unexpectedly low number of Bitcoin nodes, not that Germany would have too many.
Maybe that's what should be researched.

There are never too many.
5847  Bitcoin / Hardware / Re: Cryptominerbros .com reviews? on: September 16, 2021, 11:02:47 AM
Hey Guys,
I'm planning to expand my mining business and I've been getting quotes from a good amount resellers.

Since I'm about to spend about 100k USD I have to make sure that the vendor is trusted and delivers as stated on the website.
Until now I've only used manufacturers directly and conminingcentral.

Do any of you have any recent experiences with Cryptominerbros?
Are they legit?

Thanks in advance!


From what I've read here and there they are at least shady.
It seems to have a lot of fake positive feedbacks / reviews everywhere, but they don't treat their customers well.
I'd start with reading this topic: https://bitcointalk.org/index.php?topic=5348407
5848  Bitcoin / Hardware wallets / Re: Technical question about receive bitcoin on ledger nano s on: September 16, 2021, 10:52:11 AM
The question is : can ledger nano live detect balance that i have in my 10th (for example) bitcoin address when i did not use addresses before 10th?

It can, also you've got the answers about the gap limit.
But my advice is also to not do this. You won't stop any hacker, you will just make your life harder for no actual benefit. And in 10 years you may forget about the gap limit and think that your money got lost or stolen.
5849  Economy / Gambling discussion / Re: F1 Formula Sports Racing - Sportsbet.io promotions & discussion thread on: September 16, 2021, 10:40:46 AM
The "unclear" teams for the next seasons start to get confirmed. After Valtteri and George, now also Seb got confirmed for next year at Aston Martin. It's not a huge news, but there was an incipient drama there, some started thinking that Seb will not be kept there for 2022.
5850  Bitcoin / Bitcoin Discussion / Re: Dollar supporters destroy Bitcoin ATM in El Salvador on: September 16, 2021, 07:43:42 AM
Why need to cause damage?

If something is not as they like:
* Some people are fine to just ignore.
* Others will be booing.
* Others will start throwing stones.

We don't know who and what lies have told these guys about Bitcoin. I expect anything from being the tool of Satan to a tool of the enemies of their beloved country....
5851  Other / Meta / Re: Ninjastic.space - BitcoinTalk Post/Address archive + API on: September 16, 2021, 07:38:57 AM
Quote
Another thing I plan to add is priorize addresses on the big "staked addresses" topic.
It will be interesting if you also process the quotes for which the original post has been deleted. There's always a chance someone faked a quote that was never made, but I haven't seen this happen (yet).

I think that as a first version even the initially posted and not quoted address from that thread will be a pretty good option and not that difficult to implement.
(Of course, false positives like this will also be there).


New ideas are highly appreciated!

Something that also came into my mind would be that maybe it would be grouping, different sorting or at least filtering could be useful, since "older" users will have legacy addresses more often posted in the past and no longer used. (I am not sure how useful it would be, still, an idea...)

And something more: you may need to make a hardcoded list of addresses that clearly don't belong to the users posting them, like 1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa or 1BitcoinEaterAddressDontSendf59kuE.
5852  Bitcoin / Press / Re: [2021-09-11] India's upcoming cryptocurrency law seeks to balance stability and on: September 16, 2021, 07:26:26 AM
@NeuroticFish. However, I reckon this might also arguable. Cryptocoin transactions are also easier to hide with all of these privacy tools available for all of us users. I reckon cryptocoin mixers might increase in usage for tax avoidance hehehe.

...and if this is getting used widely, they'll start targeting (with or without success) the mixers.
The thing is, the mixers aren't that much used; the "mixers will mix your honest coins with drug money" narrative is still catching, no matter how much we try to debunk it.

Also, if the law is well thought (I didn't read it) then the tax will happen when people exchange to fiat, which may be allowed only on KYC platforms.

So I expect that - especially if the tax is clear and not too big - people will prefer complying.
5853  Economy / Speculation / Re: More Investment to Bitcoin? on: September 15, 2021, 07:49:12 PM
Should I wait for the success of El Salvador's implemetation of bitcoin before investing?

You are asking strangers from a Bitcoin forum if you should invest in Bitcoin? Really?
I will (also) disappoint you and will not tell you "yes"; it's you who has to decide for your own money whether to invest or not and when.

I can tell, however that many here expect Bitcoin price to rise more (but we can clearly be wrong too!).
I can also tell that you should learn a bit about bitcoin and see for yourself if it's a good investment, but also learn how to keep your coins safely in case you buy (if it's a significant amount you have in mind, I suggest you also consider acquiring a hardware wallet).

Again: think for yourself, decide for yourself.
5854  Economy / Service Discussion / Re: Trading View or Coinigy : Which is better on: September 15, 2021, 07:15:27 PM
The comparison will help traders to decide which one to buy for trading purpose ?

I'd say that if you do a comparison, maybe bitcoinwisdom (https://bitcoinwisdom.io/markets/bitstamp/btcusd), cryptowat.ch (https://cryptowat.ch/) and coinalyze (https://coinalyze.net/bitcoin/usd/bitstamp/price-chart-live/) could be added to the list too?
However, I expect TradingView have most of the fans.
5855  Other / Meta / Re: If there was Bitcointalk mobile application? on: September 15, 2021, 03:08:23 PM
and it's a pain in the ass even for those who have 20/20 vision.

I think that it's not even the reading that's the worse... One can get used to keep rotating his phone and zoom in or out by his needs.
The most painful is handling the quotes (especially the nested ones) in your replies.  Cheesy
5856  Economy / Reputation / Re: Laszlo and jercos on: September 15, 2021, 02:08:52 PM
Indeed, the name is there in the relevant post.

I just want to report that I successfully traded 10,000 bitcoins for pizza.

Pictures: http://heliacal.net/~solar/bitcoin/pizza/

Thanks jercos!


But that day nobody posted that he would have been actually ordering.
Maybe theymos could tell if that name came up in laszlo's PM, but I wouldn't make too much hopes.
5857  Local / Altcoins (Monede Alternative) / Re: KYC este periculos si nefolositor.. insa Monero rezolva acest lucru partial. on: September 15, 2021, 12:52:28 PM
Problema e ca in general asemenea operatii care sa ajute la privacy nu sunt vazute cu ochi buni de autoritati, iar magazinele mari probabil ca le vor evita. Sper sa ma insel...

Eu cred ca te inseli...
Alora mici li se pun bete in roate. Magazinele mari, deci care aduc mai multi bani la stat, vor avea mereu tratament preferential. Din cauza asta pot sa cumpar de la Mega bere si tigari cu cardul de bonuri dar de la magazinul din coltul blocului nu.  Tongue

In general magazinele mari incep din timp, preventiv, sa se alinieze cerintelor autoritatilor. De aceea nu prea ajung sa li se puna bete-n roate.
Poti face chestiile alea la Mega din cauza rulajului, nu din cauza tratamentului preferential. La ce rulaj au, se vand suficiente produse alimentare in fiecare zi pe card/cash incat vreo cativa (procentual) sa cumpere pe bonuri tigari sau bautara fara probleme.
La magazinele mici.. asta e mai greu, mai ales ca probabil cu ce le intra in bancnote incearca si un pic de evaziune.


PcGarage are plata cu BTC de multi ani https://www.pcgarage.ro/info/plata/prin-criptomonede . Folosesc Netopia deci mai pui fee de retea si fee Netopia (discutabil care e mai mare). PcGarage nici nu iti vede adresa deci de Netopia sa iti fie "frica"  Cheesy pt ca ei sunt aia "reglementati" care trebuie sa predea informatiile la stat. Magazinul primeste RON si aia e.

Asta e clar. Si problema in general nu e tx fee, e adaosul Netopia; sau cel putin era cand am cumparat ultima data asa... (adica adaos ca la ATM, dar practic ei iti au si datele de KYC de la magazin daca vor).


Hai sa fim seriosi... statului nu ii pasa de datele tale. Ne-ar lasa pe toti 100% anonimi daca ar fi sigur ca toate taxele se platesc (exagerez putin dar intelegeti voi). Atata timp cat intra in visterie un procentaj decent de impozite din totalul de tranzactii crypto pe care le au nu se vor obosi prea mult, parerea mea

Aici sunt de acord.
5858  Bitcoin / Press / Re: [2021-09-11] India's upcoming cryptocurrency law seeks to balance stability and on: September 15, 2021, 12:43:14 PM
But with Bitcoin, the government is really powerless. They can't track how much money is being received by the freelancers. This is the reason why they came up with a very authoritarian law a few months back.

That's correct. Usually the main reason behind stronger surveillance is not to avoid terrorism funding, it's more to find more easy sources for tax. And here it looks to be exactly the case.
This this kind of law many people working for Bitcoin will have to declare the coins and - in a way or another - pay income tax for them. And the normal, honest people will comply. Easy money for govt.
5859  Economy / Service Discussion / Re: Frustration with third party KYC services in crypto platforms on: September 15, 2021, 12:34:01 PM
Some websites are using AI at first for KYC verification. Seems a lot of websites just have bad AI that can't understand a single thing on images. My friend wanted KYC verification in one casino and despite the fact that everything was clear on image, he was unable to verify. At first AI was telling that there was light issue on his face, then it couldn't read the text on passport. He had Huawei P8 and this phone doesn't really take bad images, you can check it yourself.
Finally, he had to go in their local office and give his card to operator and then he was verified in a second. He didn't have a verification problem on Binance, he was verified in 1-2 minutes and in this case again, the photo was taken under the same conditions.

I had - some years ago - a similar issue. I contacted the support and I was told that the automated tool was believing that the ZIP code of the street from my address is different (+1) than the actual/real one. I had to put the other zip code in the address I've submitted (edit address) and then the papers were accepted.
The reasons are various. The tools are far from perfect. So the proper solution usually is to ask the support for help, instead of guessing.
5860  Bitcoin / Electrum / Re: will electrum wallet be backward compatible in near future ? on: September 15, 2021, 12:02:49 PM
or should i store copy of electrum's source code along with my seed phrase, for future use ? you know for worst case scenarios ?
so i could compile it then and could access my coins.

If you want to go on this path (storing source code), the source code from https://github.com/FarCanary/ElectrumSeedTester should be enough.
It's browser based and with it you can retrieve the private keys for your seed; and the tools/wallets will always allow import of private keys.

But as said, the chances you cannot recover from Electrum seed in the future are slim to none.
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