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6741  Bitcoin / Bitcoin Discussion / Re: Bitcoin Maximalism on: June 04, 2021, 09:46:18 PM
Will Bitcoin render other altcoins "obsolete" in the long term?

No. It won't. Maybe some of them, those with not many features.

I think that people forget that there is a huge difference in numbers between the number of transactions on bitcoin network and most other altcoins; when those coins will reach to the amount of use Bitcoin has, they may face problems they didn't think of.

Now, Ethereum clearly differs as number of transactions, but that's because of the huge number of tokens. Can Bitcoin handle that now? No. So for now smart contracts are out of discussion.
Monero has pretty small number of transactions, but it has become the standard for anonymous coins. Would Bitcoin go on that path? I highly doubt it.

Indeed, there are plenty of coins (or forks) that only changed the algo, or the block size, or simply have bigger advertising. Those are already known as irrelevant or speculation-only (shit)coins. Yes, those may become obsolete at some point. But the coins/platforms that have come with something indeed new and relevant will most probably have their niche and won't become "obsolete" or replaced.
6742  Economy / Gambling discussion / Re: F1 Formula Sports Racing - Sportsbet.io promotions & discussion thread on: June 04, 2021, 09:30:36 PM
Isn't it weird that Max never won in Baku before and Hamilton keeps winning there, and Max is still ahead of Hamilton in the odds? I mean sure we know the reason, we know Max is better in city circuits with walls instead of lines, and we know Red Bull cars are better in those circuits as well, whereas Hamilton will probably rely on his ungodly talent

Well, Hamilton did very bad at Monaco, Max leads now the drivers championship and in the first two practice sessions until now the top4 was RBR and Ferrari, while Lewis has finished on 11 and Bottas on 16.
Of course, it doesn't necessarily tell that Max will win, but it surely tells that things are not so well at Mercedes.
Right now RBR seems to have to watch out for Ferrari, since the car looks solid and they made even more upgrades before Baku race.

And I could almost bet that there will be at least one red flag in the race. So whatever we calculate now it may just be blown away.
6743  Other / Beginners & Help / Re: This is IMPORTANT!!! on: June 04, 2021, 11:34:55 AM
And if prominent members of this forum would repeatedly cite "laszlo" as Lazlo ,
~
Then we are not doing a very good job IMHO.

I fear that you were not clear enough either. You wrote "spells the name of". While the user name is indeed laszlo, the actual name is Laszlo (Hanyecz).
I talked most of the time about the... person, not the user, hence the capital L.
Also as fun fact, in the famous pizza post, he also signed himself as Laszlo. Yes, with capital L.

And the screenshot you've shown proves nothing. The forum is full of impersonators. I mean, if one wants to check, he has to research a little, for example follow the merits.

So yeah, you are overly exaggerating...
6744  Economy / Speculation / Re: [2021-06-02]"Bitcoin may reach 100000 in 2021" Ivan Petuhovschii co-founder EXMO on: June 04, 2021, 09:07:15 AM
I believe that the possibility of reaching USD 100,000 is very high in 2021

This a very nice way of putting the words. He tells that he believes strongly that the bull market is far from over, but also expresses that you are free to believe anything else.

However, keep in mind that, by the nature of his job, his statement is heavily biased.
I mean, would you expect to hear from somebody having a crypto business that Bitcoin and crypto is going to die, or (crypto) winter is coming?  Grin  Grin
6745  Economy / Speculation / Re: Bitcoin can't break out anymore. it's done. on: June 04, 2021, 08:42:55 AM
Is not just a bad tweet. every bad tweet triggers massive dumps of whales and Elon loves to play with it if he keep doing this and it will BTC will never reach all times high.

This is how market manipulation goes.
You can get angry, you can sell and lose money, or you can try to get some gains off it, or you can wait until the storm ends and meanwhile watch the show. (I do the last part, I guess that's clear by now.)

I'll also give you a tip: Bitcoin price was around 10k one year ago, so it can still go up or down by a wide margin, that's why it's advised to invest only what you afford to lose.
6746  Economy / Speculation / Re: Bitcoin can't break out anymore. it's done. on: June 04, 2021, 08:33:12 AM
The days for the btc are over unless elon dies.

As much as you try, you cannot make such quality FUD as Elon.  Grin
Also he has more readers than you do.  Wink
So what's the point of this topic?
Also, spoiler alert: every human who lives now has pretty big chance to die before Bitcoin does.
6747  Bitcoin / Press / Re: [2021-06-02] Here’s How China’s Crypto FUD Will Play Out on: June 04, 2021, 07:54:49 AM
That's a new for me, North Korea being involved bitcoin market. Given how they are struggling with getting foreign currency for the growth of their economy given that they have a really heavy sanction from a lot of international bodies. But I do expect that North Korea is going to play a big role if they decide to get in.

There are news here and there about N Korea hackers being actually on govt payroll.
There are news here and there about N Korea hackers stealing Bitcoin from whatever they can hack - exchanges, users, whatever.
Only a small correlation is necessary to understand that N Korea does have interest in Bitcoin.

From this point to actually using the Bitcoins they may have for anything - from market manipulation to avoiding sanctions - is not such a big step.
6748  Economy / Economics / Re: SEC Chair Says a Lot of Crypto Tokens Are Securities on: June 04, 2021, 07:36:11 AM
I think you just haven't known where to look for them.  Here's a list of 70+ "cyber" related enforcement actions just recently.  Some of these actions are related to cyber issues other than crypto, but most of the entries in this list are crypto fines:  https://www.sec.gov/spotlight/cybersecurity-enforcement-actions

This was the missing bit for my side. I stand corrected. And thank you.
6749  Bitcoin / Electrum / Re: Warning about portable versions on: June 04, 2021, 07:09:36 AM
Alternatively, a cheaper old-school solution is to use Electrum on an old computer that has a CD drive, as cold storage for signing transactions, but instead of putting the portable electrum on the disk or USB, you burn it on a CD-R disc and finalize it. That way it becomes impossible to write malware to it since the disc is write-protected.

Or, if that's not available, use a live Linux OS on the USB as cold storage.
Although it's less convenient, since you may need multiple reboots to switch between the main OS and the USB, it does the job gracefully.
Just that a second USB (for transfers) is cheaper than a second computer  Wink
6750  Other / Meta / Re: #meritislife: how to be notified on a smartband of merits and mentions on: June 03, 2021, 03:17:52 PM
I can confirm the data transfers from and above all to the smart and are painfully slow.

So you bought one too. Welcome to the club  Smiley

I find puzzling you actually seeing a worsening situation

If this doesn't happen to you, then it may be an incompatibility between the bracelet and my phone which is 3 years old, although also Xiaomi.
And maybe I wasn't clear enough; it's not worse than one month ago, it's better, excepting basically only the e-mails which I may exclude from the band's notifications.
6751  Bitcoin / Bitcoin Discussion / Re: Elon Musk's tweets violated court orders on: June 03, 2021, 01:58:26 PM
There is not a word in these articles about what EM has been doing in the past few months regarding crypto, and journalists have obviously recycled some old news and published it this way because they know how much interest there is in EM and everything related to it.

But, there is nothing new when it comes to the SEC's decisions, so there is no actual last straw.

This was my dilemma. If it's basically old news, why they were published now? Were the journalists so much out of better topics or is there an intention somewhere for this story?
And that's why I thought that maybe it's supposed to be a warning from somebody powerful and annoyed by these tweets.
Or maybe I'm overthinking it  Smiley

Besides, if people think Musk will be penalized for his tweets about Doge and Bitcoin that will happen after we colonize Mars

LOL! Maybe only indirectly for crypto, but indeed, the focus will be on TSLA shares and such.
And also, the fines are as big and effective as a mosquito bite for an elephant.

Nobody will be able to shut him up, the only way is to make people stop listening to him, but if they DO want to listen to him, then how are you going to stop that without taking a dump on a lot of things like freedom of choice?

Well, SEC fines are not necessarily for shutting him up (one cannot argue with the freedom of speech). They should be more a wake up call for the herd to stop following his every move.
6752  Bitcoin / Bitcoin Discussion / Re: Elon Musk's tweets violated court orders on: June 03, 2021, 10:39:52 AM
Though it's mostly the people's fault on why his Tweets heavily affects the market in the first place, his Tweets definitely do add a significant amount of unnecessary volatility to the markets in general.

Very true. Sadly.

But seriously, we wouldn't need the SEC to go after him if only people in general stopped impulsively making trading decisions off his Tweets.

That's correct. Unfortunately the world is.. how it is, not how we wish it to be...
6753  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin Green upgrade proposal on: June 03, 2021, 09:09:27 AM
don't want energy efficiency

Actually we, those who have seen many coins developed during the years, have noticed that if a coin doesn't "waste electricity", its price will rather soon go down never to recover.
So I guess that most of those answering are just afraid to lose money, not "bitcoin cultists".

So my advice is to make your own coin with this idea and see how it goes, but I must warn you (if you didn't already know) that it may be a wasted effort.
You can make your own fork too instead of coin, but then you may face the hate of some (especially if you'll use the word Bitcoin in your fork's name) and some of those having bitcoin will probably dump their fork-coins as soon as you'll give them the opportunity.

Of course, you are free to try.


PS. You should start with reading more about PoW and PoS, you seem to have quite some misconceptions here and there.
6754  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Swap WBTC to BTC make BTC anonymous? on: June 03, 2021, 08:33:24 AM
If I have WBTC on ETH network, then I use ~ to swap WBTC from Ethereum network to BTC network, is the swap info, btc destination address and/or other info stored in any database or even in the main ETH network?

Same question can be done in a BTCB to BTC swap info with ~ bridge.

BTC and ETH (WBTC) are not anonymous chains, so you don't get anything as anonymity. And you gave as choices a shady platform (risk to lose money) and a centralized exchange (make everything even less anonymous). No.

If you want to do it right, the options you have are either a proper mixer or coinjoin, either atomic swap with Monero (which although I've read it's live, I'd give it some more time before using it).
6755  Economy / Web Wallets / Re: Please HELP: Blockchain.info Wallet problem- Large Reward paid on: June 03, 2021, 08:20:13 AM
I recommend you edit the screenshots to strip out the data you don't want to display and put them here.
I recommend you use public channels, else you may end up with scammers PM-ing you.

And, more on the topic, is there any chance you get the recovery seed from blockchain.com? Because if so, I'd advise you try to restore that wallet into Electrum (but make sure you run it on a clean computer and you verified Electrum before running it). I don't use blockchain wallet, but maybe these steps would be of help.
6756  Bitcoin / Bitcoin Discussion / Re: Will Satoshi ever come forward? on: June 03, 2021, 08:13:41 AM
I'd also say that most probably he won't.
There were quite a number of possibly good reasons for him to come forward, especially when a bunch of clowns started to claim they're him, and he didn't. So why would he come out now?
No, no chance. I'd also say that his anonymity makes him - and us (!) - more powerful.
6757  Bitcoin / Bitcoin Discussion / Elon Musk's tweets violated court orders on: June 03, 2021, 08:08:53 AM
Every action has a reaction. Was this Bitcoin story a last straw for somebody, I don't know, but the SEC warning is from last year, so why now this news:

Business Insider: The SEC told Tesla twice that Elon Musk's tweets violated court orders requiring preapproval from company lawyers
WSJ: Tesla Failed to Oversee Elon Musk’s Tweets, SEC Argued in Letters

Quote
The Securities and Exchange Commission told Tesla last year that CEO Elon Musk twice violated a court order requiring the company to preapprove his tweets
Quote
"In the face of Mr. Musk's repeated refusals to submit his covered written communications on Twitter to Tesla for pre-approval, we are very concerned by Tesla's repeated determinations that there have been no policy violations because of purported carve-outs," the SEC wrote in response

I guess that sooner or later somebody will have to pay for his big mouth. Again.
6758  Other / Meta / Re: #meritislife: how to be notified on a smartband of merits and mentions on: June 03, 2021, 07:56:01 AM
Update after 32 days of use:

Notifications:
* The duplicate notifications for Bitcointalk/Telegram no longer happen that often, especially after the last update of Xiaomi Wear app
* More annoying "duplication" of notifications happen with the e-mails (they keep coming until I remove the notification from the phone)
* All in all, it looks to be a bunch of bugs in Xiaomi Wear app, not with the bot or the other apps

Overall use:
* I like its faces and colors, you can play with them, but still the default few ones are easier to read (+)
* The transfer of data between the smart band and wear app is slooooow and only happens if you open the app (look into it). (-)
* Continuous hearth rate check is interesting to have, but unfortunately blood pressure check is missing.
* The battery lasts some 6 days, but I usually charge after kinda 5 days already

From a band 3 I've seen, the step forward is clearly noticeable, but I cannot tell that it's <so> big... It's just a smart band after all  Cheesy


PS. SPO2 is "on demand" and I've used it some 5 times all together. Didn't look too accurate either...
6759  Local / Română (Romanian) / Re: Partidul Unit al Libertăţii Absolute on: June 03, 2021, 07:37:46 AM
Ca daca dam valoarea de 1 milion de dolari unei P.U.L.A. si dam la fiecare cate una, ca oricum atata vrea fiecare, am rezolvat problema.

... si asta doar fiindca banii nu aduc fericire, dar o P.U.L.A. poate face asta?  Grin
Ca financiar, daca toti au cate o moneda (decentralizata), cel mai probabil pretul ei va deveni 0...
6760  Economy / Service Discussion / Re: Reputable escrow without network fees? on: June 03, 2021, 07:27:57 AM
Or maybe theres some other way?

No fees means off-chain transactions. There aren't many people old and smart enough to be escrow and careless enough to keep funds on custodian wallets.

1. If you are cheap on network fees you may end up losing all the money for being careless/getting the wrong escrow. You cannot really ask an escrow to help you out and also pay from his pocket for helping you out.

2. If you want to do this on Bitcoin and you can wait... bitcoin fees do drop now and then and you can profit then. Like for example the last 24h and maybe some days to follow too. I know that the post was 2 weeks ago, but now it can be a good time to do the transaction with low fees.

3. If all this is a problem, you can turn to altcoins and DYOR, since some have very small transaction fee. (But you can risk huge price changes, unless you choose to work with stable coins).
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