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6161  Bitcoin / Bitcoin Discussion / Re: Pre-ordered "Simple & Elegant Wallet" cards from Bobby Lee - Ballet on: September 14, 2019, 08:06:38 PM
I agree about the generation of keys, it does make it sound suspicious. Even if the company's CEO is not trying to scam people, it could lead to a potential security breach, I guess. And how is this wallet unique, why is it the first multi-currency wallet? Nano Ledger supports 25 cryptocurrencies, and it's also offline. Plus, it already has a good reputation, it's very famous and considered one of the best wallets out there. And there are Crypto debit cards (though not issued by Ledger). Why is this weird form of the wallet being a card good? It makes it very visible that it's a Bitcoin wallet (on the photo, at least) which may attract the thieves, for instance.
6162  Bitcoin / Bitcoin Discussion / Re: If core bitcoin community moved from Bitcointalk to Reddit then.. on: September 14, 2019, 07:56:13 PM
If Bitcointalk is dead because "core bitcoin community moved from Bitcointalk to Reddit" then
who are all these people now having discussions on Bitcointalk? Asking for a friend..
I don't think this is true. Surely, some of the earliest members left the forum, and I guess the majority of people active on the forum are earning money from signature campaigns/bounties or planning to do so. Still, though, even those who are somewhat working here can also be interested in discussing the topics. I, for one, like this forum, because if there's important news, someone will write about it here and offer to discuss. It's interesting to see what people think, what they believe and what they worry about. So in a sense, Bitcointalk has a strong and motivated community.
6163  Bitcoin / Bitcoin Discussion / Re: How using Tor Browser increases bitcoin theft? on: September 14, 2019, 06:34:15 PM
Any idea?



On Tuesday the Localbitcoins published a warning on its website. The notice dedicated to Tor users stated that the use of a Tor Browser exposed them to risks of Bitcoin theft. It is unknown whether the message was visible to only Tor users or others as well. The executives have not made any statements regarding the matter, and the reason behind it remains unknown.

READ MORE: https://www.cryptopolitan.com/tor-browser-increases-bitcoin-theft/
I don't know, it does not seem true to me. Critical bugs can be a problem, especially with such projects that are not on top (obviously, there's way more budget to develop Chrome than Tor, so the latter is potentially more vulnerable because of being underfinanced. However, I don't think this was the point in this message. I think it's more about Tor being associated with illegal activities or something, and the problems of downloading files while using Tor and becoming exposed because of that. Plus, there might be some hackers looking specifically for Tor browser users, because they are way more likely to have some Bitcoins than people who use Chrome. But overall, I think the issue is overstated and Tor does not really increase the risks of having the funds stolen...
6164  Economy / Gambling / Re: AskGamblers.com 🔥 Presents the best bitcoin casinos 🔥 Top bitcoin games on: September 14, 2019, 06:09:53 PM
Welcome! I actually believe I came across your website multiple times when I was trying to find information about the reputation of certain casinos. Right now your website seems offline, though. At least, it's not loading on my PC even though everything else is. I also wanted to ask you what kind of factors you evaluate when making the rates of casinos. I can see on a Google preview, for instance, that Bitstarz has 9.3/10 on your website, even though just today I came across a scam accusation, there've been multiple accusations over the years and their official account has red trust on this forum. It's not good when the information gets people confused. I am just curious how that kind of stuff happens.
6165  Economy / Scam Accusations / Re: BITSTARZ IS A SCAM - DO NOT DEPOSIT A DIME POSSIBLE CLASS ACTION on: September 14, 2019, 06:03:17 PM
Bitstarz is not among the well-known casinos. It's also not the one with the best reputation. If you just google "Bitstarz reputation", you'll come by two scam accusations on this very website: this one and this one. Moreover, you can see that the member on this forum that is affiliated with the casino has negative trust (https://bitcointalk.org/index.php?action=trust;u=307265) specifically because of the scam accusations. Taking that into account, I wouldn't hope to get the money back, but making another scam accusation on this forum here would not hurt. Next time, you should really at least make a quick google search before depositing money. You can also use this table with trust and its absence of casino owners (well, accounts that work with the casinos/affiliated with them), this might help to minimize the risks of being scammed.
6166  Economy / Gambling / Re: DealersLounge.com - New guide for Bitcoin Poker on: September 13, 2019, 04:58:01 PM
Welcome to the community! Your website seems fine but not organized logically. First of all, why does the navigation in the header simply mentions the casinos in specific countries? There are lots of websites for online gambling that offer their services to various countries. Moreover, in the navigation, sometimes it says "casino" next to the country, and sometimes "casinos". I think this system needs improvements. Secondly, here's a link I think you may find useful, it contains the list of casinos and the trust of Bitcointalk community towards them: https://bitcointalk.org/index.php?topic=5154971.0.
6167  Bitcoin / Bitcoin Discussion / Re: IS THERE A REGULATORY BODY on: September 13, 2019, 04:38:29 PM
This question is very strange, it seems to me that you entered this market and never knew what is bitcoin and what its purpose was created. Answering your question, there is no regulator that controls the price, the price rises and falls depending on the demand. But why did you think there might be some bitcoin regulator? bitcoin is decentralized, I believe you have heard that word "decentralized" a lot
A weird question from the op indeed. Of course, there's no regulatory body controlling the price dynamics. There are, though, other things, somewhat related to it. Firstly, there are regulatory bodies assigned by certain governments that are controlling cryptocurrency projects operating on their territories, require identification of crypto users from this country, etc. And there are also things that can affect the price. I think that the biggest impact comes from the news releases (both good and bad), then there are whales which might make a difference form time to me. But it's largely just us, the Bitcoin community, that set the price by trading.
6168  Bitcoin / Bitcoin Discussion / Re: Bitcoin Puzzle ... Free money to the first to solve it. on: September 13, 2019, 04:31:13 PM
by the way where are you guys getting the "scrambled" key from? i couldn't find it anywhere in the video.
The scrambled private key is in the description of the video:
Quote
Welcome to our debut #bitcoinpuzzle video. In this video I tell you a little bit of what to expect for future #puzzle videos. I hope you enjoy!

Scrambled private key - M5BfrbCq7yfvVDT2xrpfmZ4KWTNpbXJgdYHzWG8t19yMbUvsP9vK
This is exciting. It's a nice way to get people attracted to the topic and the channel by giving them puzzles. Since we know it's not a scam, it's a good game to play. I, however, am not very strong with puzzles, unfortunately. I am pretty sure I cannot solve this one, but I'll just leave everything that seemed potentially important here. Maybe it can help others Grin
  • Cherry
  • Green herbs (corn?)
  • Something is reflected in the glasses in the green light
  • Bitcoin.org
  • Some white dot/a fly near the end of the video.
  • And we know that not all of the characters are scrambled (from the comments under the video).
Good luck!
6169  Economy / Scam Accusations / Re: How I almost got scammed on: September 13, 2019, 04:12:34 PM
Wow, this is an interesting story. I  didn't know about such a way of scamming people (writing a thousand times smaller amount of coins which is truly easy to confuse). I probably would fall for the trick, because in my country we don't have this distinction of dots and commas, so it would be especially confusing to me. But a very nice rate (too good to be true) and a rushing person are good signs of something being wrong in the whole situation. So I am very glad you did not lose your money and also warned the community about the scammer. I hope DT2 members will put a red flag on the account as well, although the person is not likely to use it again anyway after this failure.
6170  Bitcoin / Bitcoin Discussion / Re: Best online wallet for privacy on: September 13, 2019, 03:51:20 PM
I need an online wallet where they arent getting in my business, wanting to know where my money comes from, and just leaves me alone. Which wallet? Thanks
If we are talking only about Bitcoin and if Segwit is not a must for you, I'll can you about the wallet I use. I enjoy my Blockchain.com wallet. It's online, easy to use, has a high reputation, rather safe. And I've never been asked about my funds there (neither was my friend who had 1 Bitcoin there for a while). You can check their policies to make sure you won't be disturbed, but I guess Blockchain.com does not do that kind of stuff. Moreover, they cannot do anything with your money, which is good. But the big downsides of this wallet are a very limited number of cryptos they accept and the lack of Segwit.
6171  Economy / Exchanges / Re: Coinbase and my issue with centralized services (banks) on: September 12, 2019, 06:49:55 PM
It's okay. It is not hard to guess why banks would not want to cooperate with crypto exchanges. For one, cryptos are banks' serious rivals, because with cryptos it's possible to own money and perform transactions online without the banks being involved and under control. Moreover, the money itself does not depends on the banks if the money is crypto money. Another reason might be the one related to risk assessment. Perhaps, the dangers of being sued because of cooperating with crypto exchanges outweigh the potential benefits of such cooperations for banks.
Oh, and if you (op) represent a crypto-insurance company, I think it's pretty cool, I really think it's a mainly an unexplored area that can get huge in the future.
6172  Bitcoin / Bitcoin Discussion / Re: IF Trump via Executive Order Banned Bitcoin, what are consequences if any? on: September 12, 2019, 05:46:49 PM
That's a nice thought experiment. Let's start with the powers of the US President, though. I realize that Wikipedia is not among the most reliable sources, but I find it fairly accurate is such formal matters.
Quote
The Constitution explicitly assigns the president the power to sign or veto legislation, command the armed forces, ask for the written opinion of their Cabinet, convene or adjourn Congress, grant reprieves and pardons, and receive ambassadors. The president oversees federal law execution by directing and removing executive officers. The president may make treaties, which need to be ratified by two-thirds of the Senate, and is accorded those foreign-affairs functions not otherwise granted to Congress or shared with the Senate. Thus, the president can control the formation and communication of foreign policy and can direct the nation's diplomatic corps. The president may also appoint Article III judges and some officers with the advice and consent of the U.S. Senate. In the condition of a Senate recess, the president may make a temporary appointment.
Just as I suspected (because it's similar in my country), the President cannot intervene in economical matters. It seems that executive orders should be dedicated to important governmental priorities, so I am not sure that pulling this stuff with cryptos off is even possible. However, since thought experiments usually require us to accept the initial conditions, let's assume it's possible, and Trump does that. It's known that there are quite a lot of Bitcoin users that come from the US, but it's hard to determine how many. I think it would affect the price in a negative way, leading to a 20% drop or so, but eventually, Bitcoin would recover.
6173  Economy / Gambling discussion / Re: What is or are the contribution of Crypto gambling sites to Crypto Currency on: September 12, 2019, 05:27:09 PM
We now have hundreds of Crypto gambling sites and many more coming I honestly think, gambling sites contributed a lot to the adoption of Cryptocurrency because even gamblers that do not know about Cryptocurrency adapt and learn how to use it so they can play in these Cryptocurrency gambling sites.
Crypto gambling websites definitely impact cryptocurrencies, I think. There are different aspects of it, some of which can be better and some can be worse, but I'd like to mention the two that seem most relevant to me. The first one is that gambling websites basically offer use cases for cryptocurrencies. That is, people can see how cryptos can actually be used, and not only as money but also for other blockchain-specific things like provably fair gambling, decentralized apps, betting based on smart contracts, etc. This is a very positive aspect, and online gambling is a great example of an area of implementation of cryptocurrencies. On a less positive note, quite some people are strictly against gambling because of the problems it can cause (gambling addiction), so if cryptos are mainly associated with casinos, it can significantly limit the number of potential users of cryptocurrencies.
6174  Economy / Gambling discussion / Re: My gambling strategy on: September 12, 2019, 03:58:53 PM
Maybe it works for now but it won't last long. I've also tested many strategies on dice sites and some of them only worked once or twice but after that you'll only hit a losing streak. Your strategy gives a very small profit that a single loss is equivalent to many wins. One or two loss then your capital won't be easy to recover.

Nope, thats not right. Per play you earn arround 5000 - 10000 satoshi. Thats a good deal. Just test it a few times and you will see. I lost my money because I have constantly raised the original bet. But if you keep the settings as on the picture, you will win most of the time because the win chance is more than 50%.
No system is perfect. Unlike martingale, this one does not make big steps forward, so one does not lose everything so fast. But all these strategies are dangerous when people truly expect them to work and keep losing more and more money without really noticing (because of being focused on the future win which may not actually come in time). This strategy seems to make the process stretched in time, but I agree with xSkylarx that eventually it will stop working, just like everything else, because it's in principle impossible to maintain regular winnings in a game that is not based on skills.
6175  Bitcoin / Bitcoin Discussion / Re: Bitcoin and recession on: September 11, 2019, 08:10:17 PM
In the blowing air of recession, people are finding a way out to secure their investment and many are reaching towards Bitcoin as a savior, so what you think? Does Bitcoin survive?
I guess it depends on what's meant by the recession, because it can refer to various kinds of things that are decreasing in price. So if it's the Bitcoin's recession, then Bitcoin is definitely not the best investment. However, if we are talking about the global economic recession, I'd say there's a serious threat of fiat crushing, so Bitcoin would probably be my choice. Surely, Bitcoin can drop as well during this time, but it has the habit of recovering eventually, which is not really a treat of the fiat. And if we're talking about something like the World atomic war, then no money can save us, I'd buy some non-spoiling food, weapons, warm clothing, and cures.
So the answer is that it depends on the specific situation.
6176  Other / Beginners & Help / Re: How do you protect your cryptocurrency from thefts? on: September 11, 2019, 07:45:16 PM
Hey!
How do you take preventive measures to avoid getting your cryptocurrency stolen or hacked? I read news about Bitpoint and Binance hack and it seems while exchanges are definitely are at risk of getting hacked, no doubt. But how do the crypto holders protect from hackers?

Do you use any special tools?


I access the wallet I use from the link on my email to make sure I don't accidentally end up on the phishing website. I also use a multi-factor authentification system, and I feel fairly safe with it. I know some people prefer paper wallets or at least offline wallets, but I truly believe that the chance of my 2FA (actually, not just the 2FA) being somehow hacked is lower than the chance of me losing the papers with essential information or the drive where the wallet is. And besides, I use it on a regular basis, so it would not be convenient for me to access it otherwise. I lost my money once, but it was my mistake to use an Ethereum wallet that was considered pretty good back then but was not the most popular wallet (the owners decided to scam everyone at some point).
6177  Bitcoin / Bitcoin Discussion / Re: [2019-09-09] Comparing Bitcoin to PayPal Makes no Sense on: September 11, 2019, 07:26:50 PM
Comparing Bitcoin to other online money transfer services is virtually pointless. It is like comparing apples with oranges, as there will never be any fair comparison to be drawn. That said, Bitaccess is keen on exploring how Bitcoin behaves compared to the likes of credit cards and PayPal. While promising, the information needs to be taken with a grain of salt.

BITCOIN OUTPERFORMS PAYPAL

The statistic shared on Twitter by BitAccess is rather misleading. While it confirms Bitcoin’s annual transaction volume has increased significantly, that is as far as the “comparison” goes. Claiming how Bitcoin has overtaken PayPal in annual trading volume in both 2017 and 2018 seems to be a bit of a stretch.

More specifically, PayPal notes major growth every single year. As such, one could easily claim that company has seen major growth as well, yet it doesn’t reflect properly on these charts. It is true PayPal generated “just” 578 billion in transaction volume throughout 2018, it is more widely used than Bitcoin may ever be.

Read More: https://themerkle.com/comparing-bitcoin-to-paypal-makes-no-sense/

I don't understand how Bitcoin outperforms PayPal, honestly. PayPal is obviously way more commonly used than Bitcoin. In fact, I remember a comparison of Bitcoin, Paypal, Apple Pay and We Chat by the number of users, and Bitcoin was way behind even the closest competitor (Apple Pay, I believe). And this is, unfortunately, the objective thing that truly reflects the adoption. Not to mention that Bitcoin can probably handle way fewer transactions than these services. So I agree with the article that there's a lot of speculation, but way less of the actual usage.
6178  Bitcoin / Bitcoin Discussion / Re: Promoting BTC via art on: September 11, 2019, 06:31:37 PM

Lincoln Townley, one of the leading British contemporary art figures (called "the new Andy Warhol"), just sold a collection of paintings for 490 BTC. He is accepting Bitcoin for his works since 2017, when he sold a painting for an equivalent of ca. $500 k.
To be honest, this is a great way of promoting BTC to the public.

And if anyone asked - in the picture here: https://imgur.com/dd0giBl you can see some of his paintings combined;).
It's nice that this artist accepts Bitcoin as payment, of course. It can boost awareness and adoption is certain circles. But at the same time when I was hoping for something bigger under such a name of the thread. Like a contemporary artist making a painting, devoted to cryptocurrencies or something like that. That would indeed be promotion via art, and what's really the case is not as big of an event. Oh, and by the way, it seems that Bitcoin art exists as well, it's just not nearly as popular as this Lincoln guy:  https://www.artforcrypto.com/.
Yes it is a nice way. I've also seen an artist that promotes bitcoin through his mural. He's also a member of the forum, Pascal Boyart.

Street Artist Hides $1,000 in BTC Inside a Mural Depicting Paris Protests

Street Artist Who Hid 0.26 BTC in His Mural Just Got a Major Bitcoin Tip
That's more like it! This is the real promotion and a very sophisticated one. I like it!
6179  Bitcoin / Bitcoin Discussion / Re: Is the US Government Trying To Control Crypto? on: September 11, 2019, 06:14:37 PM
Binance just announced that their US platform would be ready in weeks. The question is, what's on the mind of the American government concerning crypto. Isn't it possible they're trying to control it like the USD? https://www.cryptoinfowatch.com/binance-us-ready-for-launch-in-weeks/
They cannot control it like the USD, because the latter was their creation and is fiat (meant to be controlled by the government/central bank), whereas the former is a new independent form of money. The article is about a stronger KYC procedure. So the US government wants to know who uses Bitcoin in their country and thus be able to track the transaction, partially knowing the real people behind them. But it's more about Bitcoin used by the US citizens, they probably don't care about anything that does not concern their country.
6180  Economy / Economics / Re: Fed and Europe and Even Australia did rate cut but btc Still low on: September 08, 2019, 07:43:30 PM
Fed, au and europe is about to cut rates.
But Why Bitcoin is Still low?
2017 was Even less rate cuts but btc was 20k.

Now everywhere is rate cuts but btc Price is Still low


Anyone knows Why its like that?
I don't understand why you're saying that Bitcoin is low. It's bravely holding its $10k barrier, which is amazing after more than a year around $6k and below. Bitcoin's price almost tripled over the last half a year, and I think it's an amazing success. When it surpassed the $6k-$7k barrier so fast, it was very impressive. And even though some people panic from time to time when the price starts going down, it actually does not go down significantly. I prefer Bitcoin being stable around $10k than around $6k or rising to $20k and then rapidly dropping to $6k once again.
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