The smart choice here would be to just take the 10% and live freely. I know highly-technical crypto users can evade traceability by doing things correctly, but it only takes one mistake mistake to get yourself in handcuffs. Having more money isn’t worth it if you’ll be on-the-run(virtually) forever.
Haha, that is really funny because the hacker seems to be complete idiot to me. I am not sure how he ended with such bullshit decision of not accepting the offer. I can not imagine someone just leaving the millions of dollars just like that. Now to identiy the hacker himself they are offering bounty of millions of dollars. According to the source mtnioned in the OP we can clearly read that anyone who identify it will get: anyone who can identify the attacker will now be rewarded with assets worth $1.85 million. That is a whopping $1.85 million just to identify. Obviously this not gonna be easy and will be riddle for many but those who were close to this case from beginning must have kept an eye on the initial hacker who supported the case. Now its all about the "back tracing" and also keeping keen eye on the movement of any funds during this transition from their wallets. |
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I am so confused after reading an About us text from the official website of Blockchain.com As per their claim they stand out to be one of the first to build a blockchain explorer in the year 2011 and I wonder that is how they got hold of the Premium website domain name with Blockchain in it. If as per the Blockchain.com they were the first to build then what was before 2011 and after 2009?Did we just transacted before that with peer to peer approach and waited for the Bitcoin to appear in our wallets? Blockchain.com got its start as an early pioneer of key infrastructure for the bitcoin community. First, with a Blockchain Explorer that enabled anyone to not only examine transactions and study the blockchain, but an API that enabled companies to build on Bitcoin. We also have provided the most popular and widely used crypto wallet that enables anyone anywhere to control their own money. I tried to search over the internet with key words "worlds oldest blockchain explorer"
"first blockchain explorer"
"blockchain explorer beginning"but all of them are just pointing me towards how blockchain started in the old days. All of them are referring me to how it started with Merkle who coined the whole concept as early as in 1979 through his "tree authentication" in his 1979 Ph.D. thesis for Stanford University.After searching more there is evidence of Blockchain getting mentioned in the New York Times news paper published in the year 1995. But that was just regarding the talks about how we can cryptographically seal the digital documents. A cool pic to look at from the old era:  |
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That's interesting. I never thought those cool font changing keyboards could be disaster like this? I believe this has got something to do with the key loggers type of application where one can remotely watch what is being typed on the other devices if they have those tracking software's installed. Obviously if we are installing these keyboards then they will give us notifications that what permission to set and let me guess reading and writing data on the device would be first requisite since it is a keyboard. I am pretty sure one can only be cautious about the app authenticity but the audacity is they will have five star reviews and let me guess they are also from cheap paid task sites and mostly bought one. Definitely no other way but to stick to original apps within our smartphones OR lets just switch to the Hardware Wallet and Paper Wallets. Best on the market so far.  |
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Why not mate? You have to feed the family, have desires, go on a leisure trip, buy house, buy car, and have fun with your life. In a grim reality to do this you need lot of money. The things are becoming even worse as we see hiked rates of every basic needs and thus leisure remains dream of many in the world of 9 to 5 job!
This is why we work our asses off so that we can get some extra money and fulfill those dreams. Obviously it's not any sort of greed but it is sort of hope that we will end up with nice lifestyle at some point and after all those efforts we will have our sweet fruit.
If someone is trying hard, being greedy about the money making then definitely there is motivating factor. But if someone has the money, someone has made good profits and yet they are going further to make more then definitely that one is bad greed. There are differences amongst everyone, some see through it clearly and some may not.
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Eh, that’s not really official source to trust for something like big as Bitcoin and it’s financial decisions. There are not really proper references over the internet for this news. Anyways, even if this is true I am not sure what to make about this event? Is this something big that we should really care for because it doesn’t seem major change. The UK was surely not properly sourced country for Bitcoin and it’s growth considering they have been up and down in terms of their decisions.
Moreover, PayPal being privately run company with only single country operation being taken down (also only in terms of Bitcoin) it doesn’t really gonna affect anything or anyone. Just the news of morning tea that will end in sink soon.
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- Form of Money: How might the transition from thinking of Sats merely as a fraction of Bitcoin to accepting it as a distinct form of money change our economic landscape?
- Stability: What would it take for a Sats-driven economy to achieve stability, considering the highly volatile nature of Bitcoin? Could it provide a steadier foundation than existing fiat currencies?
- Fair Value: Could Sats provide an equitable value system that transcends borders and economic disparities, creating a more just financial world?
This is something that Bitcoin is opposite of and cant really accept it. Bitcoin is Bitcoin for the reason it has its current characteristic. I think most of them are opposite to what you have mentioned up here. Bitcoins volatility is because of its decentralised nature so it can not be changed. If you do then it is most likely because it has become centralised one and thus it is being controlled. What happens when something is controlled with single entity? Well, it becomes weak in terms of its public power and becomes more predominant with the decisions of that single enormity. Bitcoin already has fair value since it’s equity lyes in the public hands. The more they adopt it the more valued it becomes, and vice versa is also true. I don’t think we need to give another type of qualification to Bitcoin. |
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Nice. Bitmain have s19k on their site just now, 120T for 2700W - 23T/J, $2500, seems like a good deal compared to the s19xp at $33/T for 21.5T/J efficiency.
Have you considered hydro units?
that box has a water curtain and we know to filter the water in to stop sediment. we will do air cooling and water curtain. [...]   Have you ever experimented on this or do you think it can be good strategy for the up rising miners? May be bigger farms too. It is interesting but I have no experience using it. The box we purchased has a water curtain and fans. Yeah, the air curtain I explained is just new experimental approach. Frankly that has wide array of application in the pharma industries and they do use it for keeping the two sections insanely cold. One you have ability to drive the air in various angles. The design is so thin that it fit to any type of miner box you have. It is like region separator so it's not like conventional fans and can get the work done quickly. You are using high number of filters. This must be adding up lot of cost in your overall project. A) I mean the filter cost must be divided in the two stages viz., 1) Filtering unit - one time cost 2) Filters of 5 micron, 1 micro and 10 micron to be replaced now and then since they are not the permanent one. They have to have the wear and tear over the period of time. Is the water that bad in your region? I mean instead of this you should have one big storage tank where you should process the water and store then use. Not sure what's your process? Does the Point A mentioned above is correct in your case? |
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This is not the case always mate since you have to tackle various uncalled events such as inflation, deflation, unwanted price changes on daily needed consumables, changes in the family number, yearly appreciations of the cost of living and much more.
What you have mentioned are the available options when you live your life. The difference they do not teach you how to tackle the above volatile factors. Just putting your money somewhere doesn't guarantee you enough income.
You need to grow the knowledge base and apply for high wagering jobs. Keep rising up in your own company and take the higher leaps of salaries to compensate the cost of living. This is very basic formula. After this is done one needs to go further the down road of investments, risk taking, earning from multiple streams of sources and much more.
Investing also depends on at what stage of life you are at. Have to take care of million things in reality.
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Thanks for opening this thread. I voted YES
I consider myself less techie when using the Bitcoin and related instruments. Such as software and hardware wallets. On top of that it is also risky when we are involved with the exchangers, trading on daily basis and that needs movement of crypto currencies from one wallet to the other. Above all, it is also increasing trend that we are using various mixers and it could get as risky as we use external resources to save our identity in the world of Bitcoin.
I think keeping ourselves informed all the time about various instruments mentioned above and not limited to them can help someone save their hard earned money.
In this section we can also discuss about other security threats that may or may not be directly involved with the Bitcoin alone. For all of the reasons mentioned here, I vote Yes.
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Nice. Bitmain have s19k on their site just now, 120T for 2700W - 23T/J, $2500, seems like a good deal compared to the s19xp at $33/T for 21.5T/J efficiency.
Have you considered hydro units?
that box has a water curtain and we know to filter the water in to stop sediment. we will do air cooling and water curtain. Phil, I am not sure if this was already discussed somewhere or you have searched about it but in this project you can also try out "air curtain". These are not meant for the cooling purpose but for avoiding the entry of bacteria's, solid particles and other type of contaminant into clean rooms in the pharma industries. I know this because I am trying to understand the mechanics behind different ways of cooling the mining rigs. In case you have dirty water and bad filtration system around the area then you can option out for the air curtain and certainly do some "experiments" with it. An Air Curtain is either horizontal or vertical and is fitted to entrance/door. What a miner can do is project the vertical air curtains in such a way that they will throw out the hot air out of the mining box area. The conventional fans are not proper fit because they are big, circular and their sizes limit the "surface area" they can cover. Have you ever experimented on this or do you think it can be good strategy for the up rising miners? May be bigger farms too. |
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Though I am very much convinced that wallet has proven itself time to time and since most of the legend members has it in the trust list rest is just negative marketing?
I previously used Wasabi. I previously recommended Wasabi. I previously vouched for Wasabi. Then Wasabi completely sold out everything they once stood for by funding and cooperating with blockchain analysis in order to protect their own profits at the expense of all their users. They are now pro-surveillance, pro-censorship, anti-fungibility, and anti-privacy. They are actively supporting the enemies of bitcoin and directly undermining everything bitcoin stands for. No one should ever use Wasabi again. There are far better wallets and far better coinjoin implementations you can use instead. I am now more confused considering what other users are stating and what few of them stating. The fellow members suggest it’s just about the coinjoin usage that is being used by the criminals and thus wasabi is getting targeted in the process. I am sure this does sound little fishy because if authorities had any problems then they would have targeted other big mixers in existence however they are not because it simply straight business. If you have your books clean you get to keep the business up and running, if not then you become victim card that everyone plays around. I am interested to understand what is the current topic about leaked data and stuff? Is it true or it's just negative marketing about the wallet.
There is no data leaked by Wasabi Wallet, the topic is over coinjoin coordinators using data on the blockchain to deny coinjoin services to users whose coins trace to criminal activity. That’s what repeating itself without any solid proof. If you checkout the responses from other users regarding their counter questions about the tech usage then there are no official talks or replies on the same. That makes us think either they are busy in sorting what went wrong or they are simply wrong. |
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Makes no sense if we are considering the same old pattern for Bitcoin also. I mean if we make or consider Bitcoin a centralised asset then what difference makes it to have fiat money, gold, silver or even oil! The only way to make it stand out is the current status of Bitcoin which is decentralised nature.
Key point, if we are making it centralised then various authorities will jump in to control it. They will control the entire circulation in terms of pricing. How? The same way they do it for real estates, gasoline or even the alcohol that we consume at the night club.
It’s a slow and smart process that runs back in the field of government desk.
They will do the same to Bitcoin. It has the value because people has started accepting it over the public ledger and ability to have ownership. That’s a big thing mate and that’s why it shouldn’t be controlled. Or else it would lose the value in the time.
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Okay great I even got the solution of using desktop wallet (x brand) and synching it up with the another iOS app (y brand). So in the above case it seems to be combo of Electrum wallet and Bluewallet. I think I will give this a test run myself and see how it goes. I am doing this because I am mostly going to put it on laptop and use that very less. I will be having this over my phone because I would want to spend them on the go and I do not have viable option right now due to mycelium failure. I understand the risk of having it on multiple devices but definitely we can have that much precautions while handling them and have best of both the world. I wouldn't do it.
LoyceV give the long answer from desktop please.
I think I will have to wait for @LoyceV until they get on their desktop and reply their long answer. I am excited about it as to why they wouldnt do it. Interesting. |
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I got a very simple query to ask. I am recently switching from the Mycelium wallet because it has many issues in it's iOS version. It's not much friendly and frustrating to operate on the regular basis. The android version is good but I am not fan of it. Perhaps mycelium is in existence since 2012 but they have not progressed much.
Now I want to ask whether there are Wallets that are secure, synchable in between the desktop app and mobile app together?
For example if I am going to set up the wallet on desktop then I will have to enter the Private key there. In similar ways when I will set the wallet on my phone then also I will have to set the private key there.
Is it going to be issue to insert my private keys on two different devices?
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The reason why I added "fund will drive" is because Bernstein thinks that ETF has made things very easy for the investors. With the giant backings like blackRock and Ark 21Shares bitcoin ETF applications we have upper hand in thinking that Bitcoin is really gonna get safe place for the trading environment. This will also attract the customers who are always afraid of the pure decentralization but always wanted to posses the Bitcoin. I think this will have positive flux on the investors and might just drive more funds in the time to come. We are also on the verge of having halving event. This is well known and effective one to attract more people into Bitcoin economy as the volatility goes crazy during this period. The sudden drop in prices can make huge impact on true investors and they might start buying more and more. New capital will enter the market from fresh stablecoin supply, tokenization of traditional assets, native crypto infrastructure tokenization and ETFs, the report said.
Crypto exchange-traded-funds (ETFs) add capital to the market not just by creating demand in the spot market, but the market signal of regulatory approval of these products produces a growth flywheel for retail and other institutional flows that are seeking legitimacy, broker Bernstein said in a report Monday.
“With the interest of leading global asset managers in bitcoin (BTC) spot ETFs and potential mechanisms to address the U.S. Securities and Exchange Commission (SEC) objections, the probability of approval has risen,” analysts led by Gautam Chhugani wrote.
Bernstein expects a spot bitcoin ETF market to be sizable, reaching 10% of bitcoin’s market cap in two to three years.
The SEC extended its review of the Ark 21Shares bitcoin ETF application on Friday, as the regulator continues to assess applications from traditional finance heavyweights such as BlackRock (BLK) and Fidelity Investments.
Cryptocurrency ETF’s will benefit from a “strong brand marketing push by leading global asset managers,” and a “distribution push from retail brokers and financial advisors,” the note said.
The broker says new capital to power up a new crypto cycle will come from fresh stablecoin supply, tokenization of traditional assets, native crypto infrastructure tokenization and ETFs. Bitcoin Spot ETF Approval Could Help Power up a New Crypto Cycle: Bernstein |
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I think you should start your journey with the original website of ASICS. Better visit this page here: Buying Opportunity for ASICS This page explains what mode is available on the market currently for both new and used ASICS. You can also sort out different vendors based on your location. As you can see this will also exactly tell you how much is your initial investment. You can also visit few selected online guides on how to build your mining from the scratch. You should also make up your mind whether you want to start small or big. “Mining Farm” is really big thing since it would contain many ASICS and the cost would be in thousands of USD or may be more. You can get started with this website too: How to Build a Cryptocurrency Mining Rig from Scratch |
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This has never been about introducing bitcoin to anyone or anywhere. Bitcoin has always been charm around the internet and there is always direct and indirect publicity of the Bitcoin. Why? That’s because Bitcoin has become internet session with the time and trend of searching Bitcoin or Blockchain terms has gone up recently. It’s good that you are suggesting it to others but sometimes I am feeling we should not take the risk to do this. There are pros and cons in this one. As Bitcoiner I am no one to suggest this but it can be bad if that person is not able handle the Bitcoin volatility and lose money in the process. However, always best to take the steps cautiously and win the game.
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It does sound like a good plan because by the time I am gonna be retired I am sure major changes will be done in the Bitcoin adoption. It’s gonna be around 36 years from now that is huge period of mega adoption of the Bitcoin. On the other hand I am already used to buying and holding my bitcoin since couple of years now and I am doing great as sticky holder. I think by the time I reach a decade or something I would be in good position. This will definitely help me a lot during my retirement. One thing I will have lot of bitcoins and second thing the world would be way more friendlier to Bitcoin than the current timeline. So yeah I am up for this idea.
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Mate, another reason to trust the beauty of Bitcoin. PayPal was always sneaky with its own ecosystem where businesses could already counter attack the users or user could attack the businesses by stating the payment issue and PayPal used to Credit the parties. Now it was one of the service points but it was so stupid that it made the businesses to go on loss many times.
PayPal now introducing stable coins is just another lesson to us they are not gonna stop with the devil minds. Now I’m no techie, but if that written code is real then dude PayPal has got big issues with their client base already. I think we will be looking after long time downturns real soon as people start losing their money with that code of conduct.
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I think it sounds modern to me unless it is not just some random bot that is going to use stop loss with its logic and drain out all the money from my wallet. Hopefully if it is some High tech shit like AI projecting all the possibilities of trade can make me to use it more.
For example, it should be able to project the possibility of bull or bear trend, it’s accurate Timeline, affecting factors and some high edge levels of responses to the on going trading volume.
If it is able to project those trends then that is something AI. I highly doubt we have anything like that.
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