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6181  Bitcoin / Bitcoin Discussion / Bitcoin wallets on older iphones are insecure on: September 29, 2019, 01:16:11 AM
The people that go to cryptocoin conferences should be more skeptical if their iphone was lost and then returned to them by a good samaritan hehehe.

In any case, sharing this article here instead of the press subforum for more views. Keep your iphones safe.


Litecoin Foundation’s full-time developer, Loshan T recently stated on Twitter that Bitcoin and Litecoin wallets were no longer safe on iPhones older than and including iPhone X. This was followed by the developer recommending users to upgrade their iPhone devices, considering that several people use smartphone according to Litecoin Foundation’s internal data. Additionally, Loshan explicity stated that updating iOS would not solve the problem as it is “an unpatchable exploit.”

Loshan made the statement in the wake of a Tweet made by Axi0mX. The Twitter handle had stated,

“EPIC JAILBREAK: Introducing checkm8 (read “checkmate”), a permanent unpatchable bootrom exploit for hundreds of millions of iOS devices. Most generations of iPhones and iPads are vulnerable: from iPhone 4S (A5 chip) to iPhone 8 and iPhone X (A11 chip).”


Read in full https://ambcrypto.com/litecoin-and-bitcoin-wallets-on-iphones-older-than-and-including-iphone-x-are-insecure-says-ltc-developer/
6182  Bitcoin / Press / Re: [2019-09-27] Hyperinflation Forces Venezuelan Central Bank to Explore Bitcoin on: September 29, 2019, 12:33:23 AM
I read a similar article. However, when I read it, this article made me a little, quiet laugh that I could not control.

I hope that it is true hehehe. Let them hold it.



The Central Bank of Venezuela is exploring whether to hold Bitcoin and Ethereum in its international reserves. The cryptocurrencies would be used to circumvent international sanctions and pay state-run oil company debts, the report revealed.

Source https://cryptoslate.com/venezuela-could-hold-btc-and-eth-in-its-international-reserves/
6183  Economy / Gambling discussion / Re: [Boxing]: Spence Jr vs Porter on: September 28, 2019, 03:23:38 AM
What would a victory for Errol Spence imply for his next fight? Would it be versus Terrence Crawford? I reckon there is no fight that would be more exciting other than that except Pacman versus Money Floyd or Tyson Fury versus Deontay Wilder.
6184  Bitcoin / Press / Re: [2019-09-23] CEO of largest alternative investment firm vows not to buy bitcoin on: September 28, 2019, 03:01:12 AM
I can relate to people,who say "blockchain is awesome,but bitcoin isn't".I really do understand them.
Even Andreas Antonopolus is in that "tribe".Many financial experts/advisors don't want to say "I like bitcoin",because it's still too blurry,manipulated,risky,volatile,etc..
This mentality might change after 10 years,if bitcoin survives until then.



I understand them also, however, in a different way hehehe. They are scammers or they clearly do not understand why bitcoin exists to say yes to blockchain, no to bitcoin.
6185  Alternate cryptocurrencies / Altcoin Discussion / [news] Binance Launches Staking Platform with Support for 8 Cryptocurrencies on: September 28, 2019, 02:45:09 AM
I can smell a possibility of a new Binance pump game hehe. Changpeng Zhao might also be creating this platform in preparation for the most valuable proof of stake coin coming, Ethereum 2.0 if released.

However, encouraging holders to deposit their coins on Binance to stake is very dangerous for the holder and the cryptocoin itself. If there is a high percentage coins on the exchange and the exchange is hacked, the hackers might have influential advantage over the coin by staking with the stolen coins themselves.



Binance, the world’s leading cryptocurrency exchange, announced the launch of its staking platform allowing its users to earn their staking rewards simply by depositing their funds on the exchange.

Right from the start, the staking platform will support eight cryptocurrencies: NEO (NEO/GAS), Ontology (ONT/ONG), Vechain (VET/VTHO), Stellar (XLM), Komodo (KMD), Algorand (ALGO), Qtum (QTUM), & Stratis (STRAT).


Read in full https://beincrypto.com/binance-launches-staking-platform-with-support-for-8-cryptocurrencies/
6186  Economy / Gambling discussion / Re: Motosport General discussion tread --- Formula1, MotoGP, WTCC, ETCC, DTM..... on: September 28, 2019, 02:19:22 AM
RedBull and ToroRosso got penalities for changing their engine.
Verstappen seems to fly with this new engine but as said he will lose 5 positions.

For now I see Ferrari favorite also for this Sunday but the weather can be rain on Russia.

I speculate the change would be in preparation for the Japanese grand prix where I predict Max will win hehehe! It will be a Honda advertistment that they are worthy to be in the sport hehe.
6187  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: [NEWS] Binance accused of demanding for protection money from Digibyte on: September 27, 2019, 04:30:11 AM
@Lanatsa. However, if Jared Tate wants to play and dump his coins, he has to pay and there is no other way to be on the Binance pump game hehehe.

Also, why is Jared angry?
6188  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Grin | PoW Mining | Electronic transactions for all. Community driven. on: September 27, 2019, 03:46:11 AM
@tromp. Thank you for the clarification.

@Hueristic. I do not know. What were the reasons for skipping the 4th one. It might be useless?

@U. Grin is not backed by any venture capitalists and investors who are willing to play the Binance pump game. Grin is a community coin being created similar to bitcoin.

Binance will list Grin on their own because it will be necessary.
6189  Alternate cryptocurrencies / Altcoin Discussion / Re: KIN KIK SEC - what could be the outcome? (Discussion) on: September 27, 2019, 03:26:11 AM
I just recently acquired KIN and since it is one of the cheapest shitcoin available out there. I think if they win the case this can skyrocket the coin's value.

I think the same too, join the conversation on this other thread here to see more different opinions.
https://bitcointalk.org/index.php?topic=5152525.0

I reckon everyone who is not a newbie in the cryptospace already knows this saying. Do not risk more than you can afford to lose.

Also, it is not okay to be a bagholder. The SEC might force it into a very long legal hearing until someone surrenders hehehe.
6190  Alternate cryptocurrencies / Altcoin Discussion / [news] Dogecoin is the 3rd most secure versus 51% attacks after Bitcoin and Eth on: September 27, 2019, 03:03:50 AM
I shake my head. How can dogecoin be higher in hashrate than litecoin if dogecoin is only merged mined with litecoin? Should they not always be equal in hashrate or a little less for dogecoin?

I like dogecoin, however, is this article only another story to begin pumping doge?



It seems that a memecoin is, unexpectedly, more secure than most other proof-of-work cryptocurrencies. Dogecoin ranks third in cost of conducting a one hour 51% attack.

It costs more to perform a 51% attack on Dogecoin than Litecoin, Bitcoin Cash, and other proof-of-work cryptocurrencies, according to recent data. Surprisingly, it seems that a meme cryptocurrency boasts better security than some of the leading cryptocurrencies.

Analyst Kevin Rooke posted his findings earlier today on how expensive it is to conduct a 51% attack for one hour. What he found was that such an attack would cost almost $800,000 on Bitcoin and around $100,000 on Ethereum. Dogecoin comes a distant third, closely trailed by Litecoin, Bitcoin Cash, and ZCash.


Read in full https://beincrypto.com/dogecoin-is-the-third-most-resistant-to-51-attacks-after-bitcoin-and-ethereum/
6191  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Grin | PoW Mining | Electronic transactions for all. Community driven. on: September 26, 2019, 02:02:27 AM
@RivAngE. Yes Monero. There are some developers left in the cryptospace who are still pursuing a real open project without relying on Asics because it has become a higher barrier for anyone to become a miner.

Grin will be Asics only in maybe 2 years?
6192  Bitcoin / Press / Re: [2019-09-24] BITCOIN NETWORK HASHRATE IN SPOOKY 40% FLASH CRASH !!!!1 on: September 26, 2019, 01:46:28 AM
This is a calm and objective article without the fud clickbait and it tries to explain why the hashrate drop occured. I do not know if the writer got it right, however.

In any case, we might never know why unless the miners tell us.



Since the Bitcoin network is decentralized, when you refer to the network, you’re talking about thousands of individual people with computing equipment ranging from hard drives to warehouses full of computers designed specifically for Bitcoin mining. So, to truly know the current Bitcoin hashrate, you’d have to ask each and every one of them how many hashes they are processing. This, obviously, is impractical.

Instead, data providers work backwards and use statistical techniques to arrive at an estimate of the current hashrate. In this case, they look at the speed at which Bitcoin blocks are mined, in combination with the current difficulty level of the network. And taking these together, with a bit of statistical know-how, they come to a reasonable estimate.

But it’s not perfect.

The model assumes that blocks are created every 10 minutes on average. But if blocks happen to be found more quickly or slowly than this—purely by random chance, not by a change of hashrate—this could alter the estimated hashrate. So, if miners continually faced bad luck, and blocks happened to take longer, it would appear as if the hashrate dropped off a cliff.

It’s hard to know if this is exactly what happened—as we’ve said, you’d have to ask all the miners—but it’s the kind of event that could explain yesterday’s drop.


Source https://decrypt.co/9644/why-bitcoin-hashrate-didnt-crash-30-yesterday
6193  Economy / Gambling discussion / Re: Motosport General discussion tread --- Formula1, MotoGP, WTCC, ETCC, DTM..... on: September 26, 2019, 01:27:25 AM
Vettel's current contract expires in 2020, he will be replaced by THE Son, Mick Schumacher.

Mick is doing great in Formula 2, and I can't wait to see him in F1

Vettel's cycle is almost ready, and 2020 is a good time to make a substitute in Ferrari.
Mick Schumacher has an amazing performance in Formula 2 and it would be a good addition to the driver's competition. He will probably be a great duo with Leclerc.


How good? Is he as good as Charles Leclerc or Max Verstappen? It might be too early for him. However, he can become the 3rd Ferrari driver or the test driver hehehe. But that would not be the best for him being the son of Michael Schumacher.

@coinlocket$. Lewis should go back to McLaren and help them after all his success hehe.
6194  Economy / Gambling discussion / Re: The UFC Info and Prediction Thread on: September 26, 2019, 12:58:21 AM
@notblox1. I reckon that Dana is liking how Jeremy Stephens and Yair Rodriguez created their own storyboard that might have made him remake this fight immediately while the drama is there hehehe.



Jeremy Stephens and Yair Rodriguez both claimed they got involved in a scuffle following UFC Mexico City and video has surfaced to prove it.

Source https://www.mmanews.com/video-surfaces-of-jeremy-stephens-shoving-yair-rodriguez-in-hotel/
6195  Economy / Speculation / Re: Speculating with Tom Lee on: September 25, 2019, 04:02:12 AM
@Lucius. We do not know. His reputation might be bad in the forum today, however, how would it be if bitcoin goes to his prediction of $25,000 or higher? His only mistake might only be his timing hehehe.
6196  Bitcoin / Press / Re: [2019-09-23] CEO of largest alternative investment firm vows not to buy bitcoin on: September 25, 2019, 03:47:39 AM
I shake my head that as a CEO of the world's largest alternative investment firm, Stephen Scharzman does not understand bitcoin after all the years. He might be hiring the wrong advisors hehe.

What is weird in fact that a man who has been sitting in the same chair for 35 years does not want any new risk for the company? I do not believe he does not understand Bitcoin, very likely he considers it too high risk, and fiat is working for him just fine. People like him or Buffett are servants of the old system, that system made them rich, it allowed them to have the power, why change it?

In any case, this might be good because it might be a sign that it is the beginning of a blockchain season that might begin another altcoin season hehehehe.

I do not understand the link between Scharzman "I will never invest in Bitcoin" to "beginning of a blockchain season" which will result with "another altcoin season"?




I was clearly joking. It might create a time similar to 2016 when all of the smart money was looking for the next bitcoin hehehe.
6197  Economy / Speculation / Re: Speculating with Tom Lee on: September 24, 2019, 02:48:16 AM
@JohnBitCo. On Tom Lee, he only does not give predictions or statements in his own favor, he is giving them in all our favors.

He also has the more to lose compared to us the forum cave trolls. He is risking his own money, Fundstrat investors' money and his own reputation.
6198  Bitcoin / Press / Re: [2019-09-16] Darkweb criminals launder cash for bitcoin at pennies for dollar on: September 24, 2019, 02:12:54 AM
Soon Bitcoin will not anymore be used in the dark web transactions all because they can be traced and there is nothing "too be careful" once you are into this marketplace. And this is good news for the Bitcoin community as it is not anymore going to be the target of many of those in the government who can be using this as the scapegoat to launch anything that can be affecting the world of cryptocurrency.

Sadly that will not be the case, even if anonymity coins are mostly use for illicit activities in the dark web daily and Bitcoin will only be used rarely it will still be the face of the headline since the news and media will always link it to the most popular crypto. They all have their ways of padding the news and hiding other statistics just to make Bitcoin look bad for the common people. The bad thing about this is the impression it makes to all of the people who don't know the industry and that includes lawmakers who just take actions because of it. This won't really stop not until majority of the people gets the general sense that Bitcoin is now barely being used in the darkweb.

I speculate that some of those politicians attack bitcoin only because they do not want everyone else to have similar privileges as their rich, white crime, criminal friends hehehe.
6199  Bitcoin / Press / Re: [2019-09-23] CEO of largest alternative investment firm vows not to buy bitcoin on: September 24, 2019, 01:50:01 AM
Exactly. And I'd also add that a block chain in its own isn't worth a lot if the block chain isn't secured enough by something of value that helps to preclude it being rewritten in a reorganization.  The value of bitcoin helps secure the bitcoin block chain due to POW costs.

there could be some value in distributing consensus among a federation of validators rather than depending on a single trusted authority like traditional systems. this can obviously be done at exponentially lower cost than POW, with the obvious caveat that it's much less secure because trust is involved. so maybe there is some middle ground. i'm not sure.

the mining incentive in bitcoin reflects the value of the underlying money supply. perhaps there are use cases where businesses/consortiums don't need the type of security that a $180 billion market cap entails.

However, it might be similar to Ripple. Who decides if someone can be a validator or not? In Ripple, it is the people in the company behind Ripple that decides who is included in their federation of validators.
6200  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: [NEWS] Binance accused of demanding for protection money from Digibyte on: September 24, 2019, 01:05:07 AM
@akirasendo17. That is the price to pay to join the Binance game and have your cryptocoin pump hehe. Tezos did it and it had a small pump.

However, I reckon it might be better for Jared to wait for the bull market for a 10x pump hehehe.
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