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7141  Other / Beginners & Help / Re: Investment opportunity of earning returns of 5% Daily. Genuine or Fraud? on: June 25, 2021, 12:22:25 PM
Telegram + mining = 100% SCAM

@Magicalking, if you want to avoid things like this, you better delete Telegram and don't use anything like that until you know how to protect yourself from any tempting offers. Social networks combined with cryptocurrencies are ideal for scam, and some people have turned it into a real business worth hundreds of millions of dollars - and for all that they don't even have to leave their home.

Cryptocurrencies are not magic money, and no one will give you 5% a day, it is realistic to get that much per year on some services - with the risk of losing everything you have at any time - exit scams are very popular lately.
7142  Bitcoin / Bitcoin Discussion / Re: John McAfee is dead, are his coins lost? on: June 25, 2021, 10:27:12 AM
Jhon McAfee has been one of the bigges figures involved in the crypto world and today he dies in Spanish Prison. I feel really bad for this news, rest in peace McAfee.
But someone has to ask it, what will happen with his cryptos, we can be sure he was holding a huge amount, so, let's keep an eye close to this topic.
We will always remember you as an awesome guy.

I don’t know what JM did for the crypto community to consider him one of the greatest or awesome people? The man has always been surrounded by bad stories, suspicious business moves, murder charges, illegal possession of weapons and has been in various prisons several times for it.

In addition, his promotion of cryptocurrencies will be remembered through the shilling of various scam projects via Twitter, which he charged dearly for - and the deceptions and lies he used. Many have lost everything they had because of him, and they will certainly not remember him for anything good.

I have no sympathy for such people, but I would have much preferred him to have been convicted before his death - and if he really killed himself, then he has shown that he was a coward who was afraid to face the truth.
7143  Economy / Trading Discussion / Re: Excessive stimulus and devaluation of dollar gave bitcoin and gold their appeal on: June 25, 2021, 09:51:24 AM
@Gozie51, if you have a price of $1 million per 1 BTC, then even 0.01 BTC costs as much as $10 000 - and people are very weak on numbers, in this case few will be willing to pay that much for 1% of BTC. With the exception of those who don't realize they can buy less than 1 BTC, people will always invest in some altcoin rather than buy 0.01 BTC - it's some weird philosophy that it's better to have 40 coins worth $40k then 1 BTC worth the same.

I still consider speculation about $1 million per BTC just as an attempt by someone to present themselves very cheaply to the public, and we all know that the media loves such stories, as well as that investors dream of becoming millionaires. It seems like a win-win situation for everyone, but I prefer to live in reality rather than in fairy tales - and I personally don’t believe that price will be reached in this decade.
7144  Economy / Trading Discussion / Re: Excessive stimulus and devaluation of dollar gave bitcoin and gold their appeal on: June 24, 2021, 02:03:05 PM
He is a funny character to me, because he first says that he will invest when the price is $27k, now he has changed his mind and says that he will still wait for $24k - what we can expect as the next smart statement? Maybe "I will buy BTC when the price drops to $21k?" Trading on the advice of such characters is more than gambling - and if he wants to predict the apocalypse, let him establish a sect - because we have Dr. Doom for such things Smiley



I think I also follow this view because of the halving that is going to come around 2024 and more institutional investors plus countries that are beginning to consider the adoption of bitcoin.

What will happen in 5 years, no one can say for sure - halving 2024 and Bitcoin worth over $1 million are something that a serious person should not get into. Maybe all those who dream of such a price should first calculate what that price actually means, and who will be willing to pay $1 million for 1 BTC if they say today that even $30k is expensive for them (I am referring to our expert Kiyosaki).
7145  Other / Archival / Re: Where is the bottom and what's next? on: June 24, 2021, 01:18:09 PM
The summer is not the best time for a Bitcoin bull run and a FOMO phase.

When was summer (in the Northern Hemisphere) the right time for a cryptocurrency market? Big things usually start to happen only in August and after, and it is very possible that this will happen this year as well.

In the meantime, smart people will accumulate as much as possible, they will try to have as much FUD as possible and they will look forward to each new dip with great enthusiasm. So many people who think that this is the beginning of what started to happen in 2018 is really a real disappointment for me, because many seem to have trouble understanding some basic things.
7146  Bitcoin / Project Development / Re: New website, BTCandME.net on: June 24, 2021, 01:02:35 PM
Just started a cryptocurrency website/blog, the purpose of the site is to onboard newcomers into crypto and teach them how to earn crypto for free and how to invest it without starting with there own funds.

As we all know there are hundreds of such websites, and without investing in promotion and SEO this can only be one in a series that will be nothing special. I just want to say that there is no free lunch no matter how it may seem at some point - so people should not be deceived that they can get something for nothing - in that case they are investing something very valuable and unique, and that is their time.

If you haven't already made a strategy, I suggest you do just that - the price of hosting, domain, advertising in relation to earnings will be a decisive factor in the survival of the project.
7147  Bitcoin / Bitcoin Discussion / Re: Do you worry about not being able to convert BTC to fiat in future on: June 24, 2021, 10:45:18 AM
With banks in some countries blocking transactions from known exchanges is there a worry that one day it will become impractical to turn the BTC into fiat? Either just very hard to do, maybe street-corner-deals or at risk of getting your bank accounts frozen?
Do people think about this and have plans to work around these kinds of banking barriers? Or are there ways around it already but I'm not aware?

Banks will always do what is in their best interest, and we have already seen that some fully support accounts that trade cryptocurrencies, while others are strongly against it and close any account they find to be related to crypto. However, you do not need to rely solely on the support of banks, because as already mentioned, there will always be p2p, crypto ATMs and specialized physical branches that will deal with crypto exchange operations.

In addition, if we believe that more and more businesses will accept Bitcoin as a means of payment in the future, then there may be no need to convert your BTC to fiat, you will simply pay for goods or services with BTC Smiley
7148  Bitcoin / Hardware wallets / Re: 25th Word in Nano Ledger S on: June 24, 2021, 10:25:48 AM
I remember that story of a guy who forgot his passphrase or pin but then only had like three tries remaining.

Don’t confuse some other things you read with hardware wallets, because the man you’re probably referring to wasn’t using Nano S, but IronKey storage that automatically encrypts itself after 10 failed attempts. If you are already so afraid that you will forget your passphrase, do not use this option - it is intended only for experienced users.
7149  Bitcoin / Bitcoin Discussion / Re: Michael Saylor owns 0,5% of Bitcoin Supply on: June 24, 2021, 10:05:20 AM
Why the hell would you invest in Bitcoin if you can make a x30 with other cryptocurrencies?

You are one of those who are not interested in the technology behind Bitcoin, you are only interested in the profit and pump and dump of some shitcoin - that is the difference between you and me and many others on this forum.

What a laugh, you cited previous messages, as if it were a problem for me, most of the things written are being fulfilled, there are no regrets.

Previous messages are very important to show your skill of a so-called experienced trader, has the price of BTC really dropped to $25k or even $20k as did you predict that? And as for crypto winter and idiot EM you talk nonsense without even knowing the facts - the price of BTC is now at those levels when EM first invested in BTC - which means that without it, we would be where we are now.

But stop making everyone believe that they will become millionaires with this currency, investing now on Bitcoin will not make you rich.

This is a forum to discuss Bitcoin, but also all other cryptocurrencies - not a place where someone should advise someone in what to invest their money. If you are already so obsessed with altcoins, why not move to the Altcoins board? There you will find a lot of people who think like you .
7150  Economy / Economics / Re: FBI aims to keep valuables, $86M cash confiscated in safe deposit store raid on: June 24, 2021, 09:35:37 AM
OK.. that's pretty cool. Why limit this to safe deposit boxes? Let FBI seize all the property owned by the Americans - cash, real estate, stocks, bullion, antiques.etc. Then they can ask the owners to submit evidence to prove that these assets were not illegally obtained. If the Feds are not satisfied with the documents, then they can just seize the assets and distribute it among themselves. Sounds like a really cool idea.

I honestly don't care what the FBI or any other agency in the US does, because even though they always try to stand out as the greatest democracy in the world, I would never like to feel that kind of democracy on my skin. In a country where people are still being killed because of the color of their skin and a country that has directly or indirectly started dozens of wars and caused millions of deaths for its own interests, is anyone surprised that one of their agencies is acting like this?

BTW, what about the allegation from one of the victims that $75,000 worth of gold coins are missing, after the feds rifled through the boxes?

Anyone who claims that something was in the box can forget about it, because such storage does not work on the principle that there is some evidence that someone really put something in the box. Storing value in this way definitely has one big risk, because when something like this happens no one can prove that something was in the box at all.
7151  Economy / Economics / Re: FBI aims to keep valuables, $86M cash confiscated in safe deposit store raid on: June 23, 2021, 01:17:46 PM
But it seems the FBI and the state have no intent to return much of the stolen items.

According to the article, 75 boxes have already been returned, and another 175 will also be returned to their owners - meaning that the feds return everything that is not illegal, as well as those boxes for which it can be determined to whom they belong. Everything that is illegal and kept with fake documents remains in dispute, although looking at all those American films, without a valid search warrant, all the evidence found at that place cannot serve as evidence against anyone because it was obtained illegally.

It would be interesting to find out if there were crypto backups in all these boxes, or maybe hardware wallets - which would certainly increase the total value of everything there.
7152  Other / Beginners & Help / Re: i want to buy Bitcoin with real money, plz i need help on: June 23, 2021, 12:48:58 PM
help me to find a bitcoin seller plz it is very complicate to make a deal easy and speed  Huh

The first security lesson is not to disclose your private information publicly, and that includes your name and the city in which you live. There are very bad people who are looking for people like you to scam - so I advise you to invest in your knowledge first - learn the difference between a coin address and a private key, and how to safely store the Bitcoin you bought.

In addition, trading with strangers face to face is the biggest possible risk - I would advise you to avoid it if at all possible.
7153  Economy / Micro Earnings / Re: 🔥BTC✪DOGE✪LTC✪DASH✪DGB✪PPC✪TRX✪ADA✪ETH✪XRP✪ZEC✪XMR🔥Best Faucets🔥 on: June 23, 2021, 10:51:48 AM
@Mist3rX, it seems like an interesting game, although I haven't had time to check it out yet. I'll do my best to add your faucet to the list as soon as possible Wink
7154  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: How to restore non BTC coins or tokens from a broken ledger device? on: June 23, 2021, 10:42:14 AM
@miningsetup, the only correct way to restore wallets from a hardware wallet is to enter a seed into a new hardware wallet in case such a device breaks down, or you lose it. This would mean that you should buy 2 such devices and always keep one in case you need it - so although it is not a cheap solution, if you want maximum security you should avoid all other options.

What you will surely avoid with such an approach is to avoid fake crypto wallets, because just one small recklessness can cost you everything you have - is that risk worth the extra $50?
7155  Bitcoin / Bitcoin Discussion / Re: Bitcoin Beach project in El Salvador on: June 23, 2021, 10:28:48 AM
I watched some videos from that village, and it's actually amazing how many people have already gotten used to paying with Bitcoin - which is very good news considering that in a few months all sellers will have to accept BTC as a means of payment - and those who already having experience will surely be of great help to everyone else to adjust faster and better.

I really hope that Bitcoin will succeed in El Salvador as their president envisioned, because that will mean that other countries will start copying their model and will be able to launch various projects without having to have access to banks at all. It would really be nice to go to some exotic vacation spot that would accept BTC as a means of payment, have a good time and help the local economy without losing on currency conversion or various other fees.
7156  Bitcoin / Bitcoin Discussion / Re: Michael Saylor owns 0,5% of Bitcoin Supply on: June 23, 2021, 09:56:15 AM
Hey moron, as if it were a problem for me, i have made a lot of money with cryptocurrencies but i never invest a penny on Bitcoin because I did not fall into the game that "with Bitcoin you will become a millionaire", I don't give a shit that you continue to invest or not, here what if I can't stand it is all the twitter influencers saying that bitcoin it is the solution to all the problems in the world, that with bitcoin there will be no poverty among other stupid things that I have heard, it becomes disgusting... Bitcoin is even more centralized than the dollar.

Someone with your attitude can only sell stories to complete strangers about how you made "a lot of money" - and at the same time you are obsessed with how 1% of crypto wallets contain as much as 90% of all BTC, without you even being able to understand why it doesn't matter too much. You completely buried your intelligence of a successful crypto trader when you admitted that you knew about BTC for 6-7 years, without ever investing a single cent in it - and that's why most of your posts are just regretting about missed opportunities and waiting for a big correction.

Yes, a winter of 2-3 years is coming, if you don't believe this you will lose all your money...

Wait for 20K-25K in the next 15 day's.

Exactly, all the noobies that said this year BTC will be at 100K please go and cry, Bitcoin was already crashing when it reached 42K, if it's not for Elon Musk right now Bitcoin price would be between 10K and 20K, Bitcoin is not the future, other cryptocurrency's yes.

Congratulations on the top tips you've been sharing for a while, you've certainly helped people see the real picture of the crypto world Wink
7157  Local / Hrvatski (Croatian) / Re: Nano Ledger S iskustva on: June 22, 2021, 01:51:42 PM
Daleko sam od stručnjaka za bluetooth tehnologiju ali prilično sam siguran da dometi i ograničenja koje ima naš mobitel ili ledger nisu zapisani u kamenu. Bluetooth je tehnologija remote pristupa i sada mi automatski računamo da nije uključena kada mi to ne želimo. Ja ne bi dao ruku u vatru kao ni za kameru na mobitelu ili laptopu. Nije poanta koliko je realan vektor napada, poanta je da on definitvno postoji. Meni osobno bluetooth nije potreban jer HW koristim rijetko tako da biram uređaj bez njega makar to značilo samo 0.0001% veću sigurnost.

Ja ne vjerujem da je bilo koji uredjaj 100% otporan na hakiranje pa tako sigurno nije niti Ledger X. Ali kada se radi o hakiranju preko BT onda su sanse zaista minimalne cak i ako je BT ukljucen i radimo transakcije. Privatni kljucevi niti u tome slucaju ne putuju BT vezom kao niti bilo kakvi osjetljivi podaci koji bi hakeru mogli omoguciti da dodje u priliku da hakira samo srce uredjaja koje se zove Secure Element.

Cak i u slucaju da haker uspije hakirati BT i doci u situaciju da vam ubaci nekakav malware koji bi mogao utjecati na transakcije, svaki korak bi i dalje zahtjevao da ga odobrite pritiskom na fizicku tipku - sto je jedna od najvecih osiguranja koje vam pruza ovakav uredjaj.

Za one koje zanima kako cijela stvar zapravo funkcionira postoji vrlo detaljno objasnjenje oko sigurnosti BT koji je implementiran u X.

https://www.ledger.com/ledger-nano-x-bluetooth-security-model-of-a-wireless-hardware-wallet
7158  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 22, 2021, 01:29:54 PM
$30k has finally been broken, now the question is whether we will return above that level or the price will still melt - and given the temperatures that some of us are experiencing these days, this will be a really very hellish summer Cool
7159  Economy / Economics / Re: MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’ on: June 22, 2021, 01:15:58 PM
@fillippone, don't get me wrong, I have nothing against Saylor in general, the man is very firm in his beliefs so far, and is not one of those who say one thing today and do the exact opposite tomorrow. What I want to say is that people are always a little scared that someone is accumulating an asset that has max supply, maybe because they are afraid that at some point he will make a dump - or that he will buy everything, so they will have nothing left Wink

What we can't blame him for is the fact that he didn't cause a drastic price increase considering the way Coinbase buys for him - which is really fascinating to me considering that various companies and funds (publicly known data) own over 8% of max BTC supply which is almost 1 700 000 BTC - which still seems pretty small to create a real shortage on OTC and crypto exchanges.
7160  Economy / Economics / Re: MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’ on: June 22, 2021, 12:47:05 PM
At more than 100k BTC held by the company, at the rate they are buying it, it's going to be difficult to get more than maybe 500k BTC any time soon.

At a price that we have now or higher, it is completely unrealistic to expect that company to reach $500k BTC in the near future, because MS is now buying very small quantities and will probably continue to do so - so I doubt that at this rate it can double the amount it now has even by the end of 2022 - unless by some miracle he invents a way to find a few billion $ and spend it on buying BTC.



Again, I truly am hoping that everything works out for MSTR (and for all bitcoin holders), but surely everyone can see what might happen should bitcoin enter a prolonged bear market.  MSTR might even be forced to sell, and that could well be a disaster for everyone else owning bitcoin.  Plus, the more MSTR buys the more centralized bitcoin becomes, even though they're far from cornering the market in it.  I'm hoping Michael Saylor knows when enough is enough.

I’ve already written that it’s kind of bad when a lot of things start to focus on one man or one company - one man’s opinion or moves shouldn’t have such a big impact on Bitcoin - but people are already wondering what his intentions are, and what he could do if things went downhill for his company.
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