Bitcoin Forum
May 30, 2024, 05:00:37 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 [34] 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 ... 1038 »
661  Other / Beginners & Help / Re: How my bitcoins were nailed down in my grandfather's garage. on: July 25, 2020, 12:33:12 PM
For ~$300-400 000, it might be worth trying some of those advanced data recovery services that retrieve data even from broken hard drives. Maybe you can negotiate some agreement where they can take a part of the coins if they will succeed in getting the file?

Yes. I'd be looking verrry carefully at where the nails were put in. It's just possible the platters are intact.

I've been pondering why anyone would pick up a small rectangle of metal and think 'yes, this is absolutely ideal for storing my files, screwdrivers and bolts'. That seems like a deeply strange application of logic.
662  Bitcoin / Bitcoin Discussion / Re: Bitcoin ATM's in europe - ID limits on: July 25, 2020, 12:06:47 PM
Last time I looked at it - https://shitcoins.club  didn't do anything in the way of KYC and they have a lot of locations around Europe. If you look at the locations map it tells you what the limits are for each machine.
663  Other / Beginners & Help / Re: Freelancer get payed by Bitcoin? on: July 25, 2020, 11:09:10 AM
I would forget about places that pay in Bitcoin. Their opportunities will be very limited and will usually pay less because people are somehow willing to work for less because of the magic B word.

It does of course depend on what country you're in and what online payment methods are available to you, but if you can access any conventional method you will have a vastly higher number of options for more money too. Use that money to buy Bitcoin.
664  Bitcoin / Bitcoin Discussion / Re: Why do hackers steal huge amounts of bitcoins? on: July 25, 2020, 10:38:48 AM
Not to mention that crypto crimes don't seem to be investigated as seriously as fiat crimes (maybe I'm wrong) because in many places cryptos are in the gray area and there's no common law.

Even in places where it's definitively theft like any other authorities don't seem to care very much. They don't seem to work hard at any type of online fraud compared to real world theft.

I knew a guy who had the police helicopter sent after him after stealing a £10 bag of coal. If he'd stolen £10,000,000 online he would be a database entry and not much else.

At some point there's going to need to be a major attitude change because this indifference is going to drive it to new heights.
665  Bitcoin / Bitcoin Discussion / Re: Why do hackers steal huge amounts of bitcoins? on: July 25, 2020, 10:32:14 AM
Exactly! They won't set their foot into dirty doings without knowing their way out. It is not like letting themselves getting caught in the end, so what's the point of stealing if they won't get the chance to use it  Undecided.

And yet many of them are so lazy and stupid they often do hang themselves. It only takes one slip to blow your anonymity.

The address that was posted on all of the hacked Twitter accounts has had past transactions to exchanges. The chances are there's some link to ID somewhere along the way.

Quite a few dark market druggists have sent funds directly from sales to exchange accounts that sent the pigs straight to their door.

666  Bitcoin / Legal / Re: Kremlin vs bitcoiners. on: July 25, 2020, 10:14:28 AM
Looks like it’s for the benefit of a  small circle of topmost officials who have billions in bitcoin and can spend them for buying luxuries  being abroad. I can’t explain it any other way.  

Which is Russia to a tee. It is run for the benefit of the small number of people at the top.

If Russia ever do actually legislate anything this outcome is the most logical one.
667  Bitcoin / Bitcoin Discussion / Re: Too dumb to undrstand on: July 25, 2020, 10:03:18 AM
Thank you guys. Ye all are truly amazing! I really appreciate the education! I have signed up for localcoinswap so I guess now I have to find someone "trustworthy" to send him/her $ and hope that they'll deposit the equivalent bitcoins into my localcoinswap account/wallet. It's a "coin toss" really...coz I can send the $ through say "western union" to someone, they get the dough and never deposit the coins in my wallet! Is there any way to minimize my risk here? Thanks

Yes.

Use Coinbase.

I know that's not fashionable but it's the most solid company in the crypto space. Many people dislike their politics and actions but when it comes to the security of your data I doubt there's anywhere more reputable.

All of the friction stems from using your local currency to buy it. That's what comes with the regulatory burden and all the ID stuff. You're effectively opening a bank account and that's not possible anywhere in the world without ID.

If you resolve to never put your ID out there you're exposing yourself to much higher costs and much less choice, plus a healthy dose of risk.

If you're looking to buy drugs or gamble or whatever then yes you need to put more thought into it. If you're simply offended at having to hand over info, this is the world we live in. It's avoidable if you're willing to put the work in. I can't be arsed myself.

668  Bitcoin / Bitcoin Discussion / Re: Russia legalizing Bitcoin and cryptos but not allowed as payment method? on: July 25, 2020, 09:42:45 AM
Sounds like a bunch of old people trying to legislate something they don't understand.

But it might be enough to achieve their aims. Forbidding its use as a payment medium won't deter a small number of people who were never going to be deterred regardless, but it is enough to turn off most of the population and that's what they'll want.

They need to pair it with stopping exchanges in Russia as well.

China has done the same and had they not done that it would be a much more powerful presence there.
669  Bitcoin / Bitcoin Discussion / Re: Why do hackers steal huge amounts of bitcoins? on: July 25, 2020, 09:31:44 AM
So long that it may be forgotten.

No such thing. There are lots of people who monitor the addresses of known and significant hacks. It's no work involved in setting up an alert.

We still hear about coins moving years down the line. A thief would have to do something to hide the coins. Simply waiting and then moving them in the open would result in action against them waking up. I expect law enforcement would be doing the same and exchanges too.
670  Bitcoin / Bitcoin Discussion / Re: Russia legalizing Bitcoin and cryptos but not allowed as payment method? on: July 25, 2020, 12:01:11 AM
Bleurgh.

They're so full of shit and have spouted so much shit it's barely worth paying any attention any more.

I guess this is a pragmatic choice for a dictatorship filled with suckling assholes lining their pockets but I'll believe it when I see it.
671  Economy / Trading Discussion / Re: 20-Year-Old Robinhood Customer Dies By Suicide After Seeing A $730,000 Negative on: July 24, 2020, 10:31:17 PM
I don't get why people trade on such high leverage, they're just asking to be rekt. I also don't think that platforms like Robinhood shoud allow positions to fall into negative balance... They should much more stringent margin call requirements when trading on such high leverage, and only allow the least volatile assets to be traded on leverage at all.

Either way, why kill yourself over it? They can't get blood from a stone, just go bankrupt.

Do some actual reading, people. The sad irony is that he wasn't at any point in the actual red. He misinterpreted what was shown to him and freaked out accordingly. Robinhood did not design or inform correctly.
672  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 23, 2020, 10:51:30 PM
Don’t you guys buy and replace? Each purchase paid with bitcoin I immediately buy back on an exchange. And add some extra just to be sure, so you could say I have more sats because I actually do pay in bitcoin from time to time.

Nah.

I'm haunted by the shit I bought when it was $200-250 but not at these price levels. As long as the item I buy enriches my life I don't give toss if the price does 10x in a short time. At this point I have far more value in BTC than fiat. Comes a time when you feel like actually realising some value. I certainly don't squander it though.

I just happened to spend a little on one of these and every bedtime is an adventure now.

673  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs on: July 23, 2020, 12:19:47 AM
Nope. No firm date and little awareness.

It'll heat up right up until it happens and then it'll take a ginormous shit it'll never recover from.

Check the behaviour of NXT with its airdrops like Ardor. I expect this will be very similar.

The biggest factor will be whether it takes place during a generalised alt season. If that is the case the price could be much higher than now.
674  Economy / Economics / Re: ETC Group to launch bitcoin ETP on Deutsche Boerse on: July 22, 2020, 12:58:46 PM
Very interesting.
I am not familiar with such wrapper structures. I think something similar exists in Italy, but they require very large amount of fiat and very long investment horizons.
I lack both, I am afraid.

In the UK they're called ISAs - Individual Savings Account.

You can have normal fiat savings in them or you can put stocks in them. Everyone gets an annual allowance to put in, £21,000 ish, and you can transfer previous years into other ISAs and keep whatever gains tax free.

Every financial institution will offer them and there are no rules about periods of time or anything. It's up to whoever issues it.

They've been going for quite a few years now so some people will have built up a substantial amount of tax free money.
675  Bitcoin / Bitcoin Discussion / Re: PayPal and Mastercard are very close to integrate crypto’s payments!!! on: July 22, 2020, 12:47:01 PM
The youtube pumpers are talking about it in their videos saying that it might be a trigger for another bull run but they used to say it when the first paypal news came out and as we all could see there was no significant move up, even a move down to 9000 dollars instead of a run up.

I'm bullish long term but I don't think these news can take us above 10 thousand again. It's justa nother gateway for buyers. Bakkt was supposed to be such gateway and we are where we used to be.

No service introduction has ever created a bull run and it never will. I wish people would stop billing stuff that way. We have years and years of non track record to draw on now. Demand does not meekly wait for one particular portal to open up. It pours in however it can.

What they can do is make future bull runs more powerful. Every new gateway adds to the fire.

The truly important message it sends is that this makes it clear that Bitcoin and pals are not going anywhere and are only going to grow. Countries that ban it are going to look increasingly dim.
676  Economy / Economics / Re: ETC Group to launch bitcoin ETP on Deutsche Boerse on: July 22, 2020, 12:43:14 PM
This has turned up on a few investment platforms in the UK and it can be put in a tax free wrapper too. If I had a large amount of fiat I'd give it some thought, but I don't.
677  Economy / Speculation / Re: Living with parents again could fuel the next Bitcoin bull run. on: July 21, 2020, 03:04:36 PM
If you're back marooned round your old dears then your financial priority will likely be to move on again. You're not going to cripple yourself for a bubble that may come years after you want it to.
678  Other / Meta / Re: This member has weird stats. on: July 21, 2020, 01:53:06 PM
Imagine someone deleting over 4800 posts   Shocked
Maybe he used some script to delete his posts, if something like this even exists.
It would be good if theymos add some option for people who want to delete or hide their account and some posts for privacy purposes.

I checked it a couple of times out of curiosity. It looked pretty manual to me as it took quite some time. That's some dedication right there.

These days with all the scrapers and stat obsessives you have to assume that anything you post will end up being preserved elsewhere for eternity even if it's removed from here and there's some way of nuking yourself.
679  Bitcoin / Bitcoin Discussion / Re: Allegedly Coinbase prevented 1,000 customers From Sending Funds to the Hackers on: July 21, 2020, 01:47:27 PM
Very good move by the coinbase team, but i wonder how they managed to figure this out that the receiver's address is for hackers or they where just being suspicious?

Because those tweets followed the same painfully obvious way of operating as all the other trillions of giveaway scams. This is makes it doubly flabbergasting that anyone would fall for it.

If I were running Coinbase I'd tell those fucking morons they weren't able to withdraw their coins until they'd passed an IQ test.
680  Economy / Service Discussion / Re: What are 2020's best websites for selling stuff for bitcoin? on: July 21, 2020, 01:43:45 PM
Ain't no such thing.

I guess the closest is Craigslist with the crypto option ticked. That's going to depend on where you live. If you're not in the US it's going to be a ghost town.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 [34] 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 ... 1038 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!