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621  Bitcoin / Bitcoin Discussion / Re: how secure are your telling fellow wo/man about this forum and bitcoin on: November 03, 2023, 04:10:21 AM
I wouldn't have a problem telling people basic information about the forum but I would never give them enough details where they can find my account and start snooping on my addresses. I'm usually careful about not reusing addresses for campaigns and contests and using other techniques to preserve my privacy, but there is still a concern that with enough motivation somebody could discover sensitive information about past and future BTC holdings and who I'm transacting with.

Just because somebody is close to you doesn't mean they're entitled to every detail. There are many forums and online communities I've been a part of but I've never found it necessary to tell anyone about my involvement.
622  Economy / Speculation / Re: Should we rely on prediction? on: November 02, 2023, 07:51:41 AM
According to Google the price of USDC will be over $2 in some years. This is about as reliable as any BTC price prediction you will see on YouTube or in online news headlines.



The crypto media loves to quote guys like Tim Draper and Tom Lee because they got lucky once or twice before but these so-called gurus have been way off many times. These permanently bullish predictions are an effective way of generating clicks because you’re telling people what they want to hear but they don’t have any basis in reality.
623  Bitcoin / Bitcoin Discussion / Re: What is your one memory related to Bitcoin that you want to forget? on: November 02, 2023, 05:33:57 AM
I had one of the worst experiences. I have invested in one of the shitcoins called Pumapay on Bittrex. When I invested, the bitcoin price was approximately $17K, and I invested about 1.5 bitcoins. When the bear comes, my funds are gone. I wasn't about to sell at a loss, so I held it. Then, even after a long time, when again bull came, the shitcoin was still dump. Actually, the team scams investors. Eventually, I sold everything for $100. So it was the biggest scam, and I lost everything. This is the memory I want to forget about how I lost my bitcoin. After that, I was very careful about my investment. I don't like any shitcoin except Bitcoin right now. So far, I have found that Bitcoin is real; all others just pump and dump.

I was not aware of PumaPay had become a scam. I remember it being really hyped up and they even had a partnership with Pornhub. The ability to make recurring payments with crypto was fascinating but I expected them to fail because this system would only be possible through their own wallet app and you could only use their shitcoin for payments. While I'm glad to have avoided this scam token there are a few other ICOs which I immensely regret having invested in.
624  Economy / Gambling / Re: Freebitco.in - FUN Token Investment Experiment on: November 02, 2023, 04:41:35 AM
1nov23 FUN Token (ex Funfair)
---------------

Circulating Suply: 10.96 Bn
Total Supply:          10.98 Bn
Holders:                90,393
Market Rank                  389

Source:
Coinbase ---------------
Total FUN locked in Freebitco:  3.6 [32.78 % of Circulating Suply)
Source:
www.freebitco.in' Separator Premium / FUN Savings
---------------

Questions:

- Total Supply less Circulating Supply is 0.02 Bn. What does this mean?

- Someone is saying that "Freebitco have Bought FUN", but data above show that Freebitco just bought 1/3 of Supply to negociate with its clients and users. Although data seems to speak very clearly, I would like to have a better informed word - either an executive summary or a suggestion of sources to read will be welcome.

The circulating supply is less than the total supply because some of the tokens are sent to a burn address every 3 months and permanently removed from circulation.

1/3 is only the amount of the supply is locked in the FUN Savings program where users can earn interest on their holdings. There is also many tokens held on the site that are not locked and there is also some developer controlled wallets which hold more of the supply.

When FunFair held their ICO not all the tokens were sold to the public. A large percentage was set aside for the developers. FreeBitco.in bought those tokens and took over the project.
625  Other / Beginners & Help / Re: UTXO Management Best Practices on: November 01, 2023, 06:51:40 AM
It's kind of contradictory to ask for advice on best practices and completely disregard privacy. The best practice would be to only consolidate coins that come from the same source. If you only want to minimize your fees as much as possible then having the fewest amount of coins is the ideal way to go.

For an average person spending 1 full BTC would take a really long time so I would consider sending 1 BTC to 10 addresses in a pay-to-many transaction to avoid it being identified as a self-send and having a bit of plausible deniability.
626  Economy / Gambling discussion / Re: [Boxing] Tyson Fury vs Oleksandr Usyk - December or January in Saudi Arabia on: November 01, 2023, 05:49:49 AM
https://www.boxingnews24.com/2023/10/frank-warren-says-tyson-fury-needs-to-rest-until-2024-oleksandr-usyk-rematch-will-happen/

Fury’s promotor said that after a less than impressive performance by The Gypsy King, this fight is unlikely to happen in 2023. It’s far more likely that we will have to wait until 2024. It just builds the suspense I guess, this is the fight everybody wants to see, to unify the heavyweight division.

Fury has known ahead of time that Usyk would be his next opponent and that the fight would be in December. He should have prepared accordingly. Due to his lack of discipline he showed up out of shape and took unnecessary damage from Ngannou that will leave him unable to train normally for a few weeks. It will be a shame if the fight with Usyk is delayed but I also want to see both guys at their very best so the loser will have no excuses and there will be no doubt as to who is the best heavyweight in the world.
627  Bitcoin / Bitcoin Discussion / Re: The difference between bitcoin and cryptocurrency. on: November 01, 2023, 05:07:18 AM
When people say "Bitcoin, not crypto" they want to create a differentiation so people don't conflate Bitcoin with all the scammy aspects of alternative cryptocurrencies. Altcoins are often associated with rugpulls, premines, pump and dumps, bad monetary policy and many other negative things. Bitcoin will always prioritize decentralization and security and that's why generalized ideas relating to cryptocurrency might not typically apply.
628  Other / Politics & Society / Re: Will Putin's Alleged death boost the world's economy? on: November 01, 2023, 04:26:05 AM
I checked the website that originally published the story and the main story featured on their homepage is about something related to "The Real Housewives of New Jersey", a scripted reality show. Clearly it's just a dumb tabloid grasping at whatever obscure, unsubstantiated rumor they could find to create some sensationalized clickbait story.
629  Bitcoin / Bitcoin Discussion / Re: What is your one memory related to Bitcoin that you want to forget? on: October 31, 2023, 07:47:32 AM
I’ve had plenty of negative experiences. I’ve invested in shitcoins, lost way too much gambling, got scammed a few times. I’ve learned important lessons from these mistakes so I wouldn’t necessarily want to forget them but it’s something I’ve compartmentalized in order to avoid feeling distressed about it. 
630  Bitcoin / Bitcoin Discussion / Re: LastPass hack - move your crypto assets to a more secure place right now! on: October 31, 2023, 05:29:39 AM
Cloud storage is a really bad idea when it comes to backing up your Bitcoin private keys. There are many wallets which offer to back up your encrypted seed in the cloud but it is completely unnecessary. Your seed phrase written on paper or a metal plate and kept in a safe place is all you need to be able to restore access to your funds.

For password management there are much better solutions than LastPass including open source self-hosted options. Passwordless logins are even starting to become a thing.
631  Economy / Economics / Re: Steam drops support for 2 fiat currencies over their volatlity on: October 31, 2023, 04:00:56 AM
I know many people had been using VPNs to get large discounts by changing their country to one of these regions. Sometimes getting a payment method that works can be difficult but with this change it might be easier to use this workaround because USD gift cards are widely available, although you will probably have to pay a bit more than when the pricing was in Argentinian and Turkish currency.
632  Bitcoin / Bitcoin Discussion / Re: Bitcoin Surpasses Tesla, Ranks 11th Globally on: October 30, 2023, 04:06:40 AM
Tesla's market cap isn't based on anything rational but rather on easy access to fiat money which is created out of nothing. Facebook/Meta losing hundreds of billions in market cap last year after their disastrous metaverse flop shows how easily this paper value can disappear. Bitcoin is something which creates real lasting value in society so I expect it to eventually surpass the market capitalization of all these companies whose value is pumped through infinite money printing.
633  Bitcoin / Bitcoin Discussion / Re: What is the most weird thing you bought with crypto? on: October 30, 2023, 03:20:39 AM
Back when Netflix used to offer free trials there was a guy on Reddit who would create an account for you and I used to pay him a few bucks in BTC each month for a new account. It was better than paying full price. Sadly, Netflix stopped offering these trials because too many people were abusing it to get free or discounted subscriptions.

An even weirder purchase was Chaturbate tokens when somebody I followed on social media signed up for an account and did a few cam shows.
634  Economy / Gambling discussion / Re: Pacquaio vs Mayweather 2 rematch on: October 30, 2023, 03:06:07 AM
Until there is an official contract signed we can never be sure how much credibility there is to these rumors. For a long time we kept hearing that Pacquiao would fight Conor McGregor but that never happened. Then he was supposed to fight Crawford in the Middle East. Even Ryan Garcia thought he was going to fight Pacquiao. There is often contradicting statements coming from his team. Now we're hearing he wants to fight in the Olympics, fight Gervonta Davis, and have a rematch against Mayweather. These things can't all be true. The money that is being thrown around to make these big events that attract lots of attention is insane so I am certain there are some options he might be considering
635  Economy / Gambling discussion / Re: Tyson Fury vs Francis Ngannou Boxing October 28 on: October 29, 2023, 12:38:26 AM
In any case, what is everyone's prediction on Tyson Fury vs. Usyk after witnessing Fury vs. Ngannou?

I honestly don't know how that fight would play out. Usyk isn't nearly as powerful as Ngannou. Fury can't look as sloppy as he was tonight. His confidence might have taken a hit and he might be more hesitant about trying to bully his opponent. Getting knocked down repeatedly throughout his career has got to be taking its toll and I don't know if the next time it happens he will still be able to get up. December is not that far away and Fury needs to get in better shape. There are many doubts but until he is beaten decisively I will still favor him to win. If he is still as fat as he is now and still partying one month from now then I will switch my prediction.
636  Economy / Gambling discussion / Re: [Boxing] Tyson Fury vs Oleksandr Usyk - December or January in Saudi Arabia on: October 29, 2023, 12:04:19 AM
Francis Ngannou reached a milestone in this fight even though he lost by a split decision, many are surprised by Ngannou's performance he is much better than some of the veteran boxers Fury has fought in the past.
Ngannou can have a good boxing career if he chooses he has good ring generalship and he knows how to time his fight, Ngannou will have a lot of great success for any combat sport that he wants to get.
Scoring a knockdown and coming in very close against a lenial World Heavyweight champion is a huge achievement for him and he should be proud of it, I thought Ngannou won the fight when the first scorecard was announced and he was leading on it.

I was impressed by Ngannou. His skill level and stamina are above that of somebody like Deontay Wilder. I would also probably rank him above Anthony Joshua and Andy Ruiz currently. He is also massive in size and pure muscle. Originally, I thought Fury would be able to use his size to dominate but as it turns out promoters have been lying about his height and he is only slightly taller than Ngannou.

Ngannou should forget about MMA and focus on boxing instead. That's where the money is at and he is certainly capable of becoming champion. From what we saw tonight, I wouldn't count him out against Fury in a rematch or against Usyk. The division just got a lot more interesting and I am excited to see who can become the ultimate king amongst these fighters.
637  Economy / Gambling discussion / Re: Tyson Fury vs Francis Ngannou Boxing October 28 on: October 28, 2023, 11:42:32 PM
That was one of the most amazing spectacles I have witnessed. I think even the most die hard Ngannou supporters underestimated his potential. I thought the split decision was sensible due to Fury winning most of the quiet rounds but I wouldn't have argued against a draw or Ngannou win. Overall Ngannou landed the most impressive punches but they were concentrated to a small handful of rounds.

I certainly hope there is a rematch because Ngannou still has a lot of room for improvement. Either Fury is really starting to decline, or he didn't take this match seriously enough, or was just scared of Ngannou's power. He didn't look his best. If he is better prepared in a rematch it will be a really explosive fight but if he takes it lightly again his vulnerabilities, which were exposed again tonight, will lead to him getting knocked out cold.
638  Alternate cryptocurrencies / Altcoin Discussion / Re: Elon Musk predicts X will replace banks in 2024 - The Verge on: October 28, 2023, 06:40:01 AM
Doing all my banking on a social media app would feel really awkward. You'll be able to shitpost about Trump while taking out a loan so you can invest in Dogecoin all at the same time but why would anybody want that though? How many people would be comfortable giving all their personal info and financial data to this website, which has been a complete trainwreck since Elon Musk's takeover.
639  Bitcoin / Wallet software / Re: Samourai Wallet is accessing to the Clipboard without permission on: October 28, 2023, 06:04:17 AM
also asking to point in what file of the source code is this action done.
We can say with certainty that the Samourai Wallet software you are using on your phone is closed source considering how their repository has not been updated for ~3 years despite them releasing a lot of newer versions (last release on appstore is on Oct 6, 2023).

They stopped using Github several years ago. I believe it was after they were acquired by Microsoft and they started censoring controversial projects and restricting users from sanctioned countries. Their code can be found on their self-hosted GitLab repository https://code.samourai.io/explore/groups

I haven't reviewed their code but I assume they are accessing the clipboard as soon as the app is launched so users can quickly paste addresses and BTC amounts.
640  Economy / Gambling discussion / Re: Fake casino streamers! Why such streamers are very popular? on: October 28, 2023, 05:29:21 AM
I've always assumed that most casino streamers were playing with sponsored money. If somebody loses thousands of dollars in a day and comes back to gamble again the next day as if nothing happened wouldn't that seem odd? We see it with crypto youtubers also. They will put on an exaggerated performance to sell you all kinds of products and after a dozen or so rugpulls they still act like the thing they're shilling for is the greatest thing ever. Anytime there is a sponsorship involved with streamers it is very likely you are going to see a curated experience designed to attract new users to a product and not a genuine representation of what an average user might typically see.
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