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6961  Bitcoin / Bitcoin Discussion / Re: Stop chasing the "next" bitcoin on: May 04, 2019, 07:41:18 AM
The thing is, people saw how many Bitcoin millionaires were created from early investors that invested small amounts and became millionaires in the end. They want to try to re-create the same scenario by investing early in "unknown" Alt coins, in the hope that they might invest in a Alt coin that would achieve the same level of success as Bitcoin in the future.  Roll Eyes

We have been in the Alt coin scene for many years and the only millionaires that were created, was "Pump n dump" coins that was created for that specific purpose.  Roll Eyes
6962  Bitcoin / Development & Technical Discussion / Re: Hardware wallets on USB pendrive on: May 04, 2019, 07:20:15 AM
snip
Offline USB sticks with Kali + Electrum are  not vulnerable. Besides they  are far  more practical for those who are  limited in budgets, not to mention their much better usability in comparison with both Ledger or Trezor.

I beg to differ.. Electrum is one of the wallet providers that are constantly under attack and we have seen this with the latest mass botnet attack that were targeted at Electrum servers and we also saw how hackers tried to get people to use "exploited" public servers.  Angry

I have not seen such attacks being done on hardware wallets like Ledger and Trezor, so your statement is a bit wild.  Wink  Yes, hardware wallets can be hacked with physical access to the device, but you need special tools to analyse and read the encrypted data that are send.  Wink
6963  Bitcoin / Bitcoin Discussion / Re: Get notifications when BTC rices or drops on: May 04, 2019, 06:54:23 AM
I cannot see why Apps like this is necessary, because Bitcoin is a long-term investment and continuously watching the price will not make a difference in the long run. It drives me crazy to watch the short-term volatility, because large dumps over the short-term creates panic and being a long-term investor, I would not recommend other traders to fall into the same trap. <Panic = Sell>  Tongue

Since I started to ignore the short-term volatility and the price daily, I am a lot less stressed over my investment.  Wink
6964  Bitcoin / Development & Technical Discussion / Re: Hardware wallets on USB pendrive on: May 03, 2019, 07:45:48 AM
Another reason why this would be a bad idea, is because the Firmware on these devices are fulnerable and exploitable like we saw with BadUSB Malware back in 2014. The hack utilized the security flaw in the USB that allowed an attacker to insert malicious code into the USB device firmware.  Roll Eyes

Also, why would companies like Trezor and Ledger allow people to effectively create their own hardware wallets, if their main income source are derived from the sale of these devices? This is the main reason why they are using special Cryptographic electronics in these chips to talk specifically to their software.  Wink
6965  Economy / Economics / Re: Crypto Scams are a global issue on: May 03, 2019, 07:22:52 AM
Now that crypto is allowing us to transact globally I am questioning if we are going  to start to see more scams happen between countries. Do we need more compliance companies to step in to help major scams and illegal trafficking?

Full report: https://ciphertrace.com/articles/q1-2019-cryptocurrency-anti-money-laundering-report/

Well, Cyber crimes have been on the increase every year. Yes, Crypto currency linked crimes have increased too, because scammers have just catched on to a new global payment option that was introduced and now reached global adoption.  Tongue

Do we need more anti-cyber crime organisations to help us fight against this and/or technology to help us do this? Yes, we do!

Every new technology comes with it's challenges and people will just need to adapt to the new changes in the technology. We went through the same thing with the introduction of the Internet and we saw how technology were developed to "trap" these criminals.  Wink
6966  Economy / Economics / Re: New recession is around the corner on: May 03, 2019, 07:13:33 AM
At first my first thoughts about your thread was that it was wrong to use the movie and series endings as a example, but the more I think about it, you might be onto something. The global economy are struggling and that includes the movie industry. The poor ending is not really about "money" but more about the hype and anticipation that was built by the producers of these productions. <Most of these movies and series were milked for too long, so the ending sucked because the plot was extended to make more profits.>

If on the other hand, you used ticket sales statistics as an example, then I would have agreed with you.  Wink
6967  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin be considered a Religion? on: May 03, 2019, 06:51:15 AM
Considering how many Bitcoin believers (maximalists) there are, with their specific beliefs of how cryptocurrency should behave, it's becoming more evident that Bitcoin is a religion. After all, this popular movement of decentralized finance has impacted our lives one way or the other. The world has its eyes on the direction of Bitcoin as a digital currency which determines the path forward of Blockchain technology.

According to Google, the term "Religion" means the belief in and worship of a superhuman controlling power, especially a personal God or gods. This becomes true especially when many Bitcoin followers believe that Satoshi is some sort of "god". Hence, if Satoshi would reveal himself to the public, many people will follow him.

Nonetheless, what are your thoughts about this? Huh

In your statement you refer to people worshipping Satoshi Nakamoto, which is in my opinion wrong. The people are rather supporting the technology that Satoshi created, which is key to what is going on with this Bitcoin community.

Satoshi Nakamoto wanted to add an alternative payment option other than fiat currencies and centralized payment options that cannot be manipulated or used for political agendas and also corrupting the global financial system. <Example : Printing money like toilet paper and/or out of thin air like fractional reserve banking practices.>  

People wanted a better payment system without the corruption and with total transparency.  Wink
6968  Economy / Service Discussion / Re: Freebitcoin bot - What do you think of this tool? on: May 03, 2019, 06:27:49 AM
How can a bot give you higher win percentages on a site that are provably fair? There are no bet strategy that can be applied to Freebitco.in, like with other dice sites <Seuntjies DiceBot> that gives you a better win percentage. Roll Eyes 
https://bitcointalk.org/index.php?topic=307425.0

I have tried several bet strategies with Freebitco.in that worked with other sites and they all failed to give me a higher win percentage. Do you have actual proof that this bot of yours will give a higher win percentage on Freebitco.in?  Tongue

 
6969  Economy / Gambling / Re: FreeBitco.in - Contest with $30,000 in GUARANTEED PRIZES now live! on: May 03, 2019, 06:17:20 AM
I was told not to believe everything I read.

The problem is you can't understand anything you read.

*another of your alt accounts on my ignore list. How many more have you got?

Top Tip: If you don't like people calling you an idiot then stop acting like an idiot.

Keep ignoring as this Forum is advertised on the Bitcoin Groups and instructing the user how to find you, look at your last post and go to town.  I will be so happy when Cloudflare investigates your claims of owning them and they said you are supposed to block players from the United States or you can pay them to do it but if you are too cheap to pay me what you stole then you are too cheap to pay for their service too.  You are the one influencing people with the name calling as you keep snipping the truth or having moderators remove the posts before people can see the warning.  The moderators may also be on the hook here even though it's said this forum is out of Panama.  Lawyer looking at every comment you make and every truthful post you had removed.  They were not off topic and not spam and very relavent to serve as warning to others.

You and your friends are minors and you know you are not allowed to gamble, so what were you doing on a gambling site? Your daddy should pull you over his lap and give you a good hiding. Now you continue with your childish antics on a public forum, making a complete ass out of yourself and you think you are accomplishing something with your actions.  Roll Eyes

You sound like a spoiled brat with too much unsupervised internet access. You made your point, so stop irritating other people who are not part of your "fight" and move this discussion to the scam accusation section of this forum. Your post history show that you are trying to blackmail the owner of this site to give back the money that you lost on gambling, by spamming this thread with your nonsense. <We have been members of this site since it started many years ago and none of us had been scammed.>

Stop the spamming of this thread and continue your crusade against Freebitco.in in the section that are provided for that or we will all stand together to ban all your spam accounts by reporting every single post you make from every account you create. 

6970  Bitcoin / Bitcoin Discussion / Re: Bitcoin vs Traditional Payment Processors on: May 03, 2019, 05:58:08 AM
Until people fully understand the risks involved with "centralized" payment processors, it would not mean anything to them to switch over to other new payment methods like Bitcoin. It only becomes evident when these centralized processors drop the ball by misusing their powers and/or forcing people to abide by their rules.

We saw what happened when some payment options used their "centralized" power to push political agendas with the banning of payments to Wikileaks and how these people were forced to look for other alternatives like Bitcoin. <Same thing happened with Backpage".  Wink
6971  Bitcoin / Project Development / Re: I want start a social network but somethings holding me back on: May 02, 2019, 07:03:07 AM
There has never been a better time to cash into the gap in the market that was created by major social media platforms, banning Crypto currency based advertising. If you can manage to start a new social media platform where Crypto currency advertisements were welcomed, then you can grab a portion of the market from the larger social media platforms that pushed away Crypto currency companies and individuals. 

There are a gap in the market and those who address the "need" that are ignored by larger organizations, would capitalize on their mistakes. Build the platform and user base before these companies change their policies and you will get the loyalty and support of the Crypto currency community.  Wink
6972  Other / Beginners & Help / Re: New in the forum, I have a project and no idea how to use bitcoins on: May 02, 2019, 06:54:06 AM
It is not clear what you are aiming to do? Do you want to sell your t-shirts online with Bitcoin as a alternative payment option? There are many online Bitcoin services with retail plugins for people to accept Bitcoin payments or you can simply work through third party payment processor services to convert all <or some> bitcoins received into fiat <cash> for you.  Wink

Italy does not regulate bitcoin use by private individuals, so it is legal for you to proceed with Bitcoin payments.  Wink

Tip : https://www.finder.com/it/how-to-buy-bitcoins
6973  Economy / Economics / Re: bitcoin goes down, no new rich people anymore on: May 02, 2019, 06:44:13 AM
Rich people are rich because they know how to play the game. Poor people are poor because a lot of them are excluded from the financial system or because of the lack of knowledge about the hidden secrets of the financial system. Most people do not get proper financial education, so they just run around in the little hamster wheel and spending their energy on worthless efforts to survive.  Tongue

Bitcoin has opened the gate for poor people to participate in the financial system. <Micro investments in Bitcoin will boost their financial status, if Bitcoin succeeds in the future.>  Wink
6974  Bitcoin / Bitcoin Discussion / Re: Who is Satoshi Nakamoto? A New Journey and Candidate [Great Read for All] on: May 02, 2019, 06:34:27 AM
Ok, so all the circumstantial evidence point to Satoshi Nakamoto being a UK citizen. <MI5 possibly...  Grin Grin Grin>  I think it might be possible for Satoshi to be a migrant worker from another country that worked in the UK. This explains the language that are not clearly identified. There are many talented immigrant software developers working in foreign countries, so this might be one of the reasons why the puzzle is not fitting into place to identify Satoshi Nakamoto.

I did not know that people were spending this much time to hunt down the identity of Satoshi Nakamoto. <Scary stuff>  Shocked
6975  Bitcoin / Bitcoin Discussion / Re: If you own Bitcoin and use Outlook to access your exchange accounts, read this.. on: May 02, 2019, 06:17:11 AM
When given the option to link the 2FA to email or mobile phone, I usually chose "mobile phone" because hackers have shown that it is easy to hack email accounts and not that easy to do a Sim swap to intercept the codes being send to your mobile phone.  Wink

Some services do not give you the option for a mobile phone, so you are stuck with email 2FA verification, so in cases like these I never use online email providers or Outlook <Microsoft> to access my email.  Wink   <Also change passwords regularly>  Tongue
6976  Bitcoin / Bitcoin Discussion / Re: The use of Crypto currencies in our country. on: May 02, 2019, 06:07:52 AM
Well it just shows you that we do not necessarily need to have 1000s of merchants in our local towns to buy goods and pay for services. Most retail actions are done online these days and some of these payment channels linked to Bitcoin even give you discounts, if you pay with Bitcoin.  Wink

I buy goods with Bitcoin on Amazon and some of the local online retailers via third party services which is obviously not the ideal method to use Bitcoin, but it enables me to use Bitcoin and that is fine with me. <We will transition to direct Bitcoin payment later, when volatility issues are sorted out>  Grin
6977  Economy / Gambling / Re: FreeBitco.in - Contest with $30,000 in GUARANTEED PRIZES now live! on: May 02, 2019, 05:56:06 AM
Does we really have 0 golden ticket so far or is it only a bug on the website?

https://puu.sh/DmxYz/e840fe30a9.png


I also wanted to check how many Golden tickets was bought in the first day, but failed to find this information. Probably this issue will be fixed soon and we will see exact numbers. It's just impossible that nobody haven't bought Golden tickets so far Cheesy

I think it is a browser cache issue in older browsers. I also bought some tickets and after a while it showed that I did not buy any tickets and that the total tickets that was bought was zero too. I refreshed the session and my tickets that I bought was displayed again and the total tickets also displayed correctly.

* I see the 5year old spammer is still acting like a 2year old baby.  Roll Eyes Grin Grin Grin   <Just mass report all his posts to the moderators for a permanent account ban.>  Wink
6978  Bitcoin / Bitcoin Discussion / Re: Can you buy National Lottery tickets with Bitcoin in your country? on: May 02, 2019, 05:46:15 AM
I am just curious to know if you can buy lottery tickets for your own national lottery in your country. I am not referring to all these scam gambling sites with supposed "Provably Fair" lottery systems.

I bought some lottery tickets online and I was only presented with the old traditional payment options and I figured it is time for us to approach these Lottery operators, to ask for a Bitcoin payment option.  Wink

If enough people ask for this, they just might consider giving us that option to pay with bitcoins.  Grin  What payment options do you have for online lottery in your country?

Here in Canada we got the OLG

1. They should be showing proof of fairness with blockchain tech "Cryptography". I mean it is pretty easy for them to rig it this would stop them.
2. They should be accepting bitcoin, It makes it easier if you won to prove who won, what if someone steals your ticket? or you lose it?



Well, many people are under the impression that national lotteries are rigged <eg. weighted balls etc.> but in my country the lottery draw is monitored by reputable independent auditors, so this can be controlled and monitored if they want to be fair.

How in your opinion would the "Blockchain" tech be able to make Lottery draws more fair? <The process is not linked to the mechanics of the draw.  Huh>

It might help to automate the record keeping of the results, so that it cannot be changed in the future.  Roll Eyes
6979  Economy / Gambling discussion / Re: KYC procedure in online casinos does more good than bad or the other way around? on: May 01, 2019, 08:18:23 PM
Most online casinos are not operating legally so they would rather prefer to deal with "unknown" entities, because they can even allow children to gamble and nobody can point a finger at them for knowing that in advance.  Tongue

The KYC requirements are more a government requirement within a legal "Brick n mortar" establishment and not really something that can be enforced with online casinos that are operating from some "island" location.  Roll Eyes
6980  Economy / Gambling / Re: FreeBitco.in - Contest with $30,000 in GUARANTEED PRIZES now live! on: May 01, 2019, 08:10:36 PM
Well the Lambo event is Live!!!!

Just a quick question... would you consider shortening the waiting period for the draw, if the targeted amount of tickets are sold or if for some miracle reason the price of Bitcoin skyrocket and the amount of tickets already bought went way past the target. <Let's say you aim for $275 000 to cover your costs and some good profit?>

What happens if the Bitcoin price goes up a lot? Would you still ask the same amount for the tickets <BTC0.00025> ?

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