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6841  Bitcoin / Bitcoin Discussion / Re: Unaddressed Bitcoin FUD on: May 24, 2021, 11:20:55 AM
I'm not saying it has to replace a country's currency 100% for it to be successful. But the more Bitcoin is being used as a store of wealth, the less power the government has in the sense that one of their main tools (money printing and currency devaluation) is now less effective. What are some reasons for governments to be pro-bitcoin?

You do have a point there, although I think that the inflation and government getting to actually benefit from it is more complicated.

As pro, the first things that come into my mind would be that it's more traceable than fiat and they won't have the headaches with counterfeit money. Also keep in mind that there are countries that don't even use their own currency. And there Bitcoin is as good as any, or better.
6842  Bitcoin / Bitcoin Discussion / Re: Unaddressed Bitcoin FUD on: May 24, 2021, 10:35:43 AM
Agree they are not all coordinated in their ideologies but wouldn't Bitcoin be a threat to all of them if Bitcoin becomes sufficiently big?

Different governments do see things different. Most probably for some will not be a threat at all.
There are already politicians who want/allow to accept bitcoin and I think that there are some who want to even replace their currency with bitcoin, just they're too few for such moves yet.

And since governments rely on the devaluation of the dollar as an indirect tax, doesn't this mean it's in the interest of the government to introduce unfavourable tax laws or other negative incentives that can achieve similar outcome to what a direct Bitcoin banning was set out to achieve?

First mistake: most rely on devaluation of their currency, not necessary dollar.
Second: Bitcoin doesn't have to replace a country's currency in order to be successful.
About unfavorable laws, those can happen, at least temporarily, but again, not everywhere. Especially where democracy works, they can't do much more than overly tax it (if they know that you hold it!), but even that is not likely. If you read the news, the countries evolve in the opposite direction of what this FUD tells. In various places you can pay your tax with Bitcoin already.
6843  Economy / Services / Re: I am looking for a translating job on: May 24, 2021, 10:08:05 AM
I am willing to translate your projects to Turkish language. If you are interested in, you can contact with me.

1. Post link(s) to previous translation(s).
2. Offer, for a start, your services for free, especially for Announcements. It will rise your experience (crypto translations have their own terminology you have to master) and will increase your visible portfolio.
Just double check and avoid as possible the scams, because you may get associated with them. (Also always write that you are only the translator and people should use their own vigilance).
3. Add your name into translator lists (after you'll have a portfolio).
4. Bump (withing the rules!) your topic now and then to gain visibility. Again, after you have a portfolio...

From what I know there are at least 6 other Turkish translators on the forum, hence you'll have to be better and cheaper than the competition. Good luck!
6844  Bitcoin / Bitcoin Discussion / Re: I sometimes wonder whether Bitcoin has established a religion. on: May 24, 2021, 09:59:27 AM
I sometimes wonder whether Bitcoin has established a religion.
Those of us who are fixed holders of Bitcoin are believers of Bitcoin.

I disagree.
Unlike religion, bitcoiners base their "beliefs" on logic and math, not just because this or that guys say so. Imho it's a huge difference.
6845  Bitcoin / Hardware wallets / Re: Does hardware wallets really delete wallet files? on: May 24, 2021, 09:52:46 AM
That's why i recommended to calculate how much data needs to be written to reach a given probability to actually overwrite that old sensitive data.
Since the SEs don't have too much space, there shouldn't be too much data needed to actually overwrite everything with a relatively high probability.

You are right. And as addition, one can always install other wallets too until he fills up the HW storage, to increase even more the probability for having it all overwritten.
Still, I think that the point is to not take (any) chances...
6846  Bitcoin / Bitcoin Discussion / Re: Unaddressed Bitcoin FUD on: May 24, 2021, 09:49:26 AM
1. What would be the implications of governments banning trading on crypto exchanges?

The governments are not all coordinated and will probably not be able to stop all exchanges. Keep in mind that there are also decentralized exchanges over there, not only the bigger and most known centralized ones.
So all that can happen would be a lot of noise and maybe a few businesses relocating.

2. If all governments coordinated to ban crypto trading on exchanges, would Bitcoin survive? What is stopping governments from doing this?

They cannot. They are not coordinated. And they would need to filter all internet packets and also ToR. Globally.

3. If Bitcoin does not succeed as a global payment solution, how likely is it to still be a store of value?

Just think, Bitcoin is not yet a success as global payments, but it already works pretty good as investment and store of value, imho. So they don't go together.
6847  Bitcoin / Hardware wallets / Re: Does hardware wallets really delete wallet files? on: May 24, 2021, 09:42:34 AM
But to be absolutely sure, you could check how much memory is used when creating a new wallet and further check how much memory is available on the SE in total.

Unfortunately this is not an accurate way to find out. A file marked as deleted will no longer show as used space, but with the right tools is can still be easily recovered.
I would go for:
1. Don't keep all the funds on the same HW, or only keep the spending funds on HW.
or
2. Physically destroy the device.
6848  Other / Beginners & Help / Re: Large Transfers - best practices? on: May 24, 2021, 09:37:23 AM
If you get an email confirming your pending deposit before you've got a confirmation you may also be able to double spend the original transaction allowing for you to mitigate paying extra fees (as the 2 transactions could be replaced by one).
This introduces additional risk without knowing how the back end of the exchange works. There are plenty of places I have sent bitcoin which give you an address and monitor that address for an incoming transaction. As soon as an incoming transaction is detected, they stop monitoring the address and just wait for one (or three, or six, or whatever) confirmations. If you replace your initial deposit with a new transaction, there is a chance that the new transaction is not detected by their system, and then OP will likely have to spend days or even weeks going through the exchange's support team (which are almost universally awful) to get his coins credited to his account. This would only be safe if you are absolutely certain the exchange only gives you a single deposit address and does not change it.

Similarly, if he sends a small amount prior to sending the larger amount and the exchange does change the deposit address, if both transactions are to the same address he will again be faced with the above scenario.

Although I've seen this behavior at payment processors, I didn't at the centralized exchanges. And at the exchange OP can double check if the address has change before attempting such a risky operation.
On the other hand, I always suggest use of RBF just because the fees can change in widely, and the exchanges wait for confirmation(s) before sending the mail. So the double spend will be no longer possible.

Also I've also seen in the past at least once an exchange suggesting (at least for an altcoin) to first send a small amount. It can be useful if more complicated things have to be set/checked (address and some other details too). But I don't see it useful for Bitcoin, where only the address is necessary. Still OP has to be careful to not mix up Bitcoin with BCash and such. All in all, if OP needs a peace of mind, he can do a small send first time, maybe in a week-end. Otherwise it's not necessary.

And yes, if anything goes wrong, the proper tool is the support and the proof (tx id). I myself faced such a problem, long ago. I've sent the deposit, it was not the first deposit I've sent there, but that one was not credited. I've contacted support and after a while (I don't remember if it was hours or days though) it was handled/fixed/credited.
6849  Bitcoin / Development & Technical Discussion / Re: BTC Needs A Privacy Layer on: May 24, 2021, 09:07:51 AM
That also doesn't change anything about bitcoin's fungibility as a currency. 1 bitcoin is always 1 bitcoin whether it is virgin coin, mixed coin or a "regular" coin when you want to use it as a currency not in some centralized service like for trading.

Bitcoin is not fungible. There is already a pool that only mines "clean" transactions. Of course, it doesn't matter much yet for its small hash rate and the only block I know they've mined was not perfectly "clean" too (by their rules), but it can be a dangerous trend for 5 or 25 years from now.
Monero is fungible, hence it's a problem for governments and it faces a lot more barriers Bitcoin had. It's still difficult to foresee what will its future look like, if any.
6850  Economy / Speculation / Re: Almost clear with the weak hands. on: May 24, 2021, 08:40:00 AM
I don't think so, it is still the early phase of the bull attack. Another leg of the ABCD pattern will take us below $25k, after the broken support line the panic will accelerate the process. After September, the BTC price can climb back to $50 in the best case.

Although I would not celebrate yet (I almost did Thursday though), I feel like 25k is a bit tough and I really hope that you're wrong. Of course, on my logic September is also a bit too far for 50k levels.
However, I don't rule it out to have a few undecided weeks, if not even going a bit lower still..(but not under 30k).  It depends though on the news (Taproot) and if any institutional investor starts buying big again.
6851  Bitcoin / Mycelium / Re: Problems with a transaction on: May 24, 2021, 08:29:25 AM
24986e24bb82970f3a235151a0355a8398963bd924223d8a0462a844bf6cbb96

1. Just for you to know: the hash is more useful than a screenshot
2. The fee you have used is too small, others have been using higher fee hence their transactions keep getting confirmed before yours.
3. Look at option 3 in HCP list and try to do CPFP if you're in a hurry. If not, just wait and the transaction will either get confirmed, either get reverted, but it may take weeks. However, there's a fair chance that in the next week-end the fees will go low enough to get your tx confirmed.

There are few accelerators you can use, but I don't know if they work and you may also have to pay more than you'd want for it. The only one I know for sure it works needs bigger fee than what you used.


Edit: It looks like I was too pessimistic this time. The transaction is confirmed.
6852  Bitcoin / Bitcoin Discussion / Re: More China Craziness - "Cracking done on mining" on: May 24, 2021, 07:58:06 AM
Well, it is possible and perhaps in my own opinion, --there is a big whale there who also secretly manipulating the market.

... and I start to think that China is such a whale and all their actions are coordinated in that direction, just they don't do it that often to not gather too much attention.

Not so well to be done for China. I don’t think their decisions towards bitcoin are reasonable. Let us just say that their agendas consider bitcoin as their competition but I don’t think this is the best way to handle it.

If they would have wanted it out of the country, they would have done that. But they don't. I don't know if only some very powerful members of the Party exercise their influence into avoiding Bitcoin get fully banned or it's intended to only stop this and that to stay in the news, but we have to keep something in mind: China always tried to find ways to acquire western wealth, no matter if it was western currencies, companies or, why not, Bitcoin...
6853  Bitcoin / Press / Re: [2021-05-22] Hong Kong to restrict crypto exchanges to professional investors on: May 24, 2021, 07:49:10 AM
They are forcing people to move to "underground" markets and for developers to create more decentralized solutions for people to trade Crypto currencies online. The governments want to protect the old Financial system that are fully regulated and these financial institutions are the driving force behind these actions.

The people in the current financial system, like brokers and financial advisors (middle man) are suffering now, because the ordinary person on the ground are bypassing them and trading on their own. They are losing out on commissions and advisory and consultant fees, so they will complain if they are simply ignored.   

Yep, the average Joe will either have to give up trading, either will have to learn to use the decentralized tools. Imho it's a good direction, actually. People are versatile living beings and will learn.
In their attempt to protect the old system, the governments actually starve it even more, since less money will flow on that route. Well, we can't expect politicians understand all the subtle details, don't we?
6854  Bitcoin / Press / Re: 2021-05-12 Bloomberg - Why the Bitcoin Crash Was a Big Win for Cryptocurrencies on: May 24, 2021, 07:22:23 AM
Instead of focusing on the real win of bitcoin trading that works 24/7 without almost any glitch, the mainstream media with Bloomberg in this case, prefer to point out that DeFi works better than CeFi under heavy market conditions.
Ok, fair enough, but altcoin and DeFi is losing much more in economic value compared to btc. That is the real news!

Interesting point of view! And this is something I don't get to say often about news.
...And while the price of the coins will continue to have its ups and downs, the results of this "stress test" will remain. Nice!
6855  Economy / Gambling discussion / Re: F1 Formula Sports Racing - Sportsbet.io promotions & discussion thread on: May 24, 2021, 07:00:53 AM
Max Verstappen drove perfect from start to finish and a well deserved podium for Sainz and Norris too.

It was a great race and great performance for all first 6!
Max got first place, well deserved, Carlos Sainz and Lando Norris have shown that they're great drivers and they have the right stuff for becoming rather soon the next generation of champions.
Perez is starting to get used with the car, there's hope that he will be able to help Max more often.
But Vettel did wonders there! And Gasly was not bad either remain in front of Lewis.

However, this race made the performance of the car matter less and the skill of the driver matter the most.
Too bad for Mercedes, it was bad luck too; also a bit sad for Leclerc, but there I don't know if it was utter bad luck or provoked bad luck.


Edit: fixed typo
6856  Other / Meta / Re: Ponzi schemes & Investor Based Games on: May 21, 2021, 08:38:09 AM
I think that there are at least few DT members who are actively watching that part of the forum (I was too, but not so much anymore) and regularly reporting findings in Scam Accustain board, so chances of some ponzi going unnoticed for more than a day are very slim.

Hats off for those. It's a work not really known, only the results may be seen by some now and then.
6857  Other / Meta / Re: Ponzi schemes & Investor Based Games on: May 21, 2021, 08:30:09 AM
The thing is, people should be made aware that they are visiting a Ponzi section

I guess that you're right and it should be explained better there. I have it on ignore and I don't know why would somebody unignore it, but that's me.

Then again, the member who promotes  ponzi on Investor-based games child board might try to conduct the business in some other parts of the forum, so I think that other forum members should be aware of that, therefore tag & flag is warranted.

This is a good logic. Still, you would have to unignore that area and actively watch it. It would make sense a DT user do that if he wants to invest time in such a task.
6858  Economy / Reputation / Re: [FUN] Is DdmrDdmr even human? on: May 21, 2021, 07:41:30 AM
I blame @Tryninja meritbot for spoiling another @ddmrddmr undercover action.
Random post merited with a single merit calls for another merit spree in action!
Waiting for final details!

Yep, I've also received merit from him today on an old topic he already merited almost one month ago.
I guess that he keeps a database of posts to merit at some point when his sMerit is getting replenished.
Unfortunately this is not a definitive proof that he's not human, since people can do this too (but obviously way less effective than DdmrDdmr)

What is the rule for when Merit Sources get replenished?
6859  Other / Meta / Re: Ponzi schemes & Investor Based Games on: May 21, 2021, 07:29:49 AM
I usually don't visit the Investor-Based-Games section at all but I was there today and I see something very interesting that has pushed me into asking this question.

I think the section is made for Ponzis exclusively which is what I understand from the section's sub-heading.



So if the section is only made for the Ponzis then is the negative trust feedback left on every Ponzi warranted?

Let me make it very clear, I am strictly against these schemes but if the admin has decided that there is space for Ponzi schemes, do we as members leaving trust on them is valid? Maybe we can rather make a topic inside the section that clarifies there is a certain risk involved in these Ponzis.

NOTE: I don't want to create any kind of controversy and the sole intention is to understand the forum better. I have myself reported a Ponzi recently but that is where I somehow felt it's wrong.

I'll also start with: I'm 100% agains Ponzi schemes. This should also put my views in the correct light.
Imho posting there should not warrant negative feedback and I'll tell you why.

At some point the forum got filled (stifled) by Ponzi advertising. Since the forum is completely for allowing the freedom of speech, those cannot/should not get removed, with or without negative feedback (which usually doesn't matter for throwaway 1-post new accounts). So the solution was to make a containment area for them: Investor-based games, which, if the memory serves me well, is meant to be ignored by default, hence the users will get to go there only if they know what they're doing.

Strangely, I think that some do put money there willingly, probably in a hope that they will not be the last ones, the ones scammed, i.e. they'll receive others' money (which may become the ones scammed), in case it's a honest (LOL!) Ponzi. Well, not all human decisions make sense for me...
6860  Other / Off-topic / Re: I need an anonymous debit card on: May 21, 2021, 07:10:07 AM
Hello everyone, I don't know if the topic is for this section, because I'm a new member, but let the moderators prejudge, and if necessary move it...
So, I'm looking for an anonymous debit card, where passport verification is not required. I looked at a lot of anonymous payment systems in GOOGLE, but I see a lot of positive feedback about ADVACASH. So, have any of you used an anonymous debit card? So, let to share it which anonymous system do you satisfied?

AdvCash used to ask for KYC ("passport info"). You can ask on their thread though. Advacash, if it's not a typo, I never heard of though.
There is a huge list of crypto cards, but I don't think that any of those is anonymous.

So, yeah, look in services, there are some very few offers of anonymous cards, but those are usually expensive (obviously) and imho also rather shady (I expect that they are on some 3rd party's name, so VISA/MC doesn't complain), hence you most probably won't find proper reviews for them. Unfortunately this also means that you can (easily) get scammed too (no matter you buy from this forum or elsewhere).
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