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7201  Alternate cryptocurrencies / Altcoin Discussion / [Monero] Syncing takes too long in testnet/stagenet on: June 10, 2021, 07:56:30 AM
There are some things in Monero that make me avoid using it on my development and one of them is this. For some weird reason, I can't test anything if I don't wait for 6 hours+ to complete its syncing with testnet or with stagenet. Note that in mainnet, it syncs faster than in those networks, probably because there are more nodes that I connect with. Here I'm trying to sync with stagenet; it's being around 8 minutes and I'm still on 0%.


Any idea of what goes wrong? Is this the same to you too?
7202  Other / Meta / Re: 👉 Listing at Bitcointalk on: June 09, 2021, 06:56:19 PM
Investment types schemes and mixers also can't be advertised on the forum.
Well, that's not exactly true. They cannot be advertised in a banner under the original post of each thread, but mixers and investment types schemes are already advertised under the signature of users.

@xeny00000, that's called a signature campaign and they can be seen here: Services. The good side of a signature campaign is that you don't have those strict rules such as no ICOs or anything like an altcoin that is backed by a company. You also don't have to pay these amounts of mBTC. You let the users decide if they want to join by giving them your own payment rates.

Here, take a look on this one: [FULL] ChipMixer Signature Campaign | Sr Member+. I honestly don't know what will be more profitable for you.
7203  Bitcoin / Bitcoin Discussion / Re: Global adoption — A ridiculous term on: June 09, 2021, 02:45:51 PM
People don't understand that global adoption doesn't mean that you will be able to buy coffee or beer with Bitcoin, but you will use as back up especially when current fiat currencies crash and burn in near future.
This is what I explain in the first sentence of the OP. There's no standard definition for global adoption; anyone can assume their own.

Better ask Venezuela, Nigeria and other countries that had hyperinflation can they buy something with their local currencies, they are faster and you can use them to warm up if you are freezing in winter.
Look, I get you, I'm just not quite convinced that a digital commodity with a hierarchical structure and with a very volatile market price can be used as a medium of exchange. I find LN really cool as a solution to the scaling issue, but there are lots of people believing that due to its existence, it can be globally adopted as a medium of exchange.

Then, there are people like you and me who see it more as a long-term store of value.

Sorry @o_e_l_e_o, I don't really understand how bitcoin will have a relatively stable price/ the price drop to a minimum when it reach global adoption while we know that bitcoin price is quite volatile long ago. So far I only know that every bitcoin sold in large quantities will affect the price quickly and the price will drop temporarily.
o_e_l_e_o probably takes it for granted that the island will someday stop having newcomers. In that case, it'd surely be less volatile.
7204  Bitcoin / Bitcoin Discussion / Re: As a rational real Person I dont see btc success on: June 09, 2021, 02:32:48 PM
Why are you still on Bitcointalk? There's nothing new to you, you've already formed your opinion about Bitcoin and you seem to continuously disagree with us while you're prejudiced. You keep creating idiotic threads with non-sense content and you try to... what? Convince someone? Any sentence that starts with "As a rational real Person" won't be taken seriously by anyone, FYI.

Don't you find it dumb to reply with “Btc has no utility” when someone responds you with counter-arguments? Would you like us to agree with you and make this kind of replies?
  • “ur right. btc hasnt any utility”
  • “eth for the elite”
  • “btc has no value”
  • “ada to the moon”

I'm truly curious what's your purpose on this forum.
7205  Other / Beginners & Help / Re: Where is giveaway thread? on: June 09, 2021, 11:48:20 AM
Free like to be instantly richer for no reason? “Is there such thing in real life?” someone may be wondering. The word “free” is under some serious abuse; sellers use it in their sentences when they want to earn a profit from it, even if they aren't earning anything from you directly. It proves to be that there isn't anything “free” in this world, because everything costs.

You may be attracted to use services or to receive coins for free, but keep a friendly note from a stranger that:

If the product is free, you're the product.
7206  Other / Meta / Re: Should some Bitcointalk's rules change now? on: June 09, 2021, 10:29:30 AM
Once I made my account here, I had the same query, but it turns out that DooMAD is right. You should see this a little bit more ideologically. These people that donated didn't just increase the forum's liquidity; they joined and supported this new forum's experimental project called “Bitcoin”. Their donations didn't just mean financial support.

Bitcoin has got lot of support since then, but those people were the first ones that tried it. They had the chance to be a part of this very early and their activity contributed to the forum.

Besides, it doesn't offer you anything special rather than having a custom title and being able to post in an extra sub-forum. On the other hand, copper membership does and it changes if there's a variation in the exchange rate of dollars.
7207  Other / Meta / Re: This thing with the accounts' farming has to stop... on: June 09, 2021, 06:47:09 AM
I disagree that this is abuse.  Here is an example where people thank the manager, although they are a source of merit.
Each one may see it differently. I, personally, see this meriting-for-payment as a way to encourage the manager to continue paying. Especially in that campaign, if I remember correctly, there were lots of merits given when the manager picked merit sources for the weekly bonus. Well, that was a mark of continuing picking them for the bonus.

But, yes, it can also be seen as a “thank you”, as you said.
7208  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin will not make it... on: June 08, 2021, 07:34:21 PM
And this is why the rich won't like the idea of Bitcoin.

While I get your point that inflation is what these billionaires want, I'm afraid that being rich on a relatively early era of Bitcoin, the first decentralized digital currency that operates with this innovating technology, is a reason why they should enter. A deflationary currency that gets more scarce overtime and that it's perfectly distributed in terms of wealth is a challenge; the more bitcoins they accumulate, the more profit they'll have in the long term.

And who told you that they'll stop getting richer from inflation? Bitcoin won't replace fiat. As it seems nowadays, it's becoming just an alternative for some people.
7209  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin will not make it... on: June 08, 2021, 04:35:43 PM
But then recently an argument came to my mind which I think is the best argument against Bitcoin ever and nobody ever came up with it before me.
Hold your breath.

But the truth is that the more money you have the easier you can get more of it and thus as more money is printed the share of the rich people increases because your share decreases faster than theirs.
Why does it decrease faster than theirs and why are you using “shares” instead of purchasing power?

Total pseudollars in circulation: $5,000,000,000.
I own $1,000,000.
You own $1,000.

The system inflates with $5,000,000,000.
I lost 50% of my purchasing power.
You also lost 50% of your purchasing power.

Could you explain that further? I may have misunderstood that part of your message.

Imagine you were a Bitcoin whale and a different coin became big. Would you immediately invest in that other system? No! You want YOUR coins to be valuable. Not the coins of another system in which you have no weight.
You see, the problem with the new coins' potential is the wealth distribution. A cryptocurrency may work in a great way technically, but whales will grab it; it will then be manipulated. On the other hand, Bitcoin isn't consisted of whales, because it wasn't grabbed in the beginning.

So if the Bitcoin is unattractive to the elite - and it is - then why would they adopt it? Why would big corporations adopt a system that was designed for "us, the people"?
Quick answer: Because it's something new and innovative. It may still be an experiment for humanity.
7210  Bitcoin / Electrum / Re: Feature suggestion. JavaScript offline recovery tool on: June 08, 2021, 11:56:50 AM
I had tried it in the past and you can actually recover legacy addresses generated by electrum in Iancoleman. To do that you have to download the source code and make a bunch of modifications.

Open src/js/jsbip39.js and search for:
Code:
self.check = function(mnemonic)

In that function, change this:
Code:
return h == nh;

To this:
Code:
return true;

(It should now skip the checksum's validity)


Now search for:
Code:
self.toSeed = function(mnemonic, passphrase)

And replace where you find this:
Code:
passphrase = "mnemonic" + passphrase;

With this:
Code:
passphrase = "electrum" + passphrase;

You should now be able to import an electrum seed by choosing BIP32. Don't thank me, but HCP.
7211  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin as safe as its believers say? on: June 08, 2021, 10:11:44 AM
Does the U.S. Department of Justice's recovery of the Bitcoin ransom mean that Bitcoin and even blockchain security have fallen off the altar?

Does the U.S Department of Justice have a proof that the block chain technology is weak in terms of security? Lots of authorities want to spread FUD right now to create temporary dips, including DoJ. I won't be surprised if this summer they'll all get into Bitcoin strongly.

Even if these weren't lies, the person who lost the bitcoins could have simply not managed them properly.
7212  Bitcoin / Bitcoin Discussion / Re: Does a PUBLIC Bitcoin Burn address really exist? on: June 08, 2021, 09:40:50 AM
No matter how did that happen, the fact that the balance is now zero means someone has took that money (about 200 Btc)
No one took that money, you can check it on a block explorer by yourself. Besides that, the post you quoted says itself that this address has never spent a satoshi.

-Another "optimistic" possibility is that someone at the Bitcoin core did so (just deleting not exchanging) to release 95,000 UTXOs and improve the system performance.
You may have misunderstood what's Bitcoin Core. It isn't an actual Core where the whole chain of Bitcoin is built on. That being said, a developer of Bitcoin Core cannot delete UTXO by his/her own will. The whole system functionates decentralizedly and no one can remove a UTXO from a past block, because that would make the next ones, including that one, invalid.
7213  Bitcoin / Bitcoin Discussion / Re: Bitcoin Doesn’t Exist, Or How Satoshi Nakamoto Tells Lies To People on: June 08, 2021, 07:36:58 AM
I don't tend to just quote other people's messages as replies, but:

Quote from: satoshi
If you don't believe me or don't get it, I don't have time to try to convince you, sorry.
7214  Bitcoin / Bitcoin Discussion / Re: Does a PUBLIC Bitcoin Burn address really exist? on: June 08, 2021, 07:21:05 AM
Your missing the point, that address for private key all zeros, used to be an invalid address
No, you're missing the point. The zero consisted RIPEMD160 hash you mentioned isn't the same as a private key equal with zero. And it didn't just used to be an invalid address, it's still and always be invalid, because it's below the secp256k1 range limit. On the other hand, 1111111111111111111114oLvT2 is a valid one, because there may be private keys that can satisfy the conditions to return that 160-bit hash once their public keys are put through SHA256.

That private key is invalid, has no associated public key, and therefore has no associated address. What address are you looking at that you think has been swept?
That's exactly what I thought, but then I remembered this thread:    
Best way to destroy bitcoins? Send them to the value 0 address?


Quote
Am I correct that the best way to destroy bitcoins is to send them to the bitcoin address with value 0?

Public key: 16QaFeudRUt8NYy2yzjm3BMvG4xBbAsBFM

Privake Key (compressed): KwDiBf89QgGbjEhKnhXJuH7LrciVrZi3qYjgd9M7rFU73Nd2Mcv1
Private Key (uncompressed): 5HpHagT65TZzG1PH3CSu63k8DbpvD8s5ip4nEB3kEsreAbuatmU

Even with the private keys the bitcoins sent to this address cannot be spent as the keys don't fall in the allowed range (> 0).

I still haven't understood how he ended up to that address since there isn't a valid public key for private key = 0.
7215  Bitcoin / Bitcoin Discussion / Re: FBI says it recovered $2 million in Bitcoin Ransomware payment... How? on: June 08, 2021, 06:41:45 AM
I see, that makes sense. So if we rule out the possibilities that an exchange just handed FBI their key; and that the FBI hacked the hackers; and (of course) that FBI cracked bitcoin with quantum computers... what are the odds?  Huh
Really, really small.

Could it be possible that the FBI somehow scammed the hacker with their mixer, and only then applied for a warrant to move the coins further?
That's probably what happened. The hackers needed to launder their bitcoins and they somehow got scammed by the FBI. I believe there are lots of things in the background we're unaware of, but I guess the mixing would be the most logical. They didn't recover them all, so the hackers may tried the mixer firstly just to see if it's properly working.

I'm also surprised that the hackers didn't even bother to try something like CoinJoin first.
Try mixing 60 BTC with CoinJoin.  Tongue
7216  Bitcoin / Bitcoin Discussion / Re: Now is the best time to invest in Bitcoin on: June 08, 2021, 06:32:13 AM
Well if you say the best....then then best time to buy bitcoin was back 10 years ago. But there is no bad time to buy bitcoin because it has only just grown from time...it is an old saying that....it is never too late to buy bitcoin...it is only gonna grow with time
I'll agree with @Lordshiva here.

I keep reading “Now is the best time to invest” and “I bought the dip, greatest opportunity ever”, but it turns out that over time, it becomes a less greater chance to invest in Bitcoin than it was years ago. The quoted message properly explains that Bitcoin does grow and that it's never too late to buy it, but truth be told, the best opportunity was a decade ago, when it was a new experiment.

Fluctuations such as from $0.01 to $1000 (100000%+/-) will never be seen again. I believe that after lots of halvings, the price will remain much more steady than it is nowadays, so if you wanted to be richer in terms of fiat, you've lost your greatest opportunity.
7217  Bitcoin / Bitcoin Discussion / Re: Bitcoin Doesn’t Exist, Or How Satoshi Nakamoto Tells Lies To People on: June 08, 2021, 06:17:58 AM
It exists only in human mind, not in reality. In my mind I am the richest person in the world just like you are the owner of Bitcoins. In fantasy, everything is possible.
In my mind I have around 1500 BTC, but in reality I won't be accepted by the network if I told them so. So is it really in fantasy? Undecided

If a coffee shop give me coffee because I told them via Bitcoin software that quantity is money that doesn't make my statement true. Money is not quantity, but a thing measured with quantity.
Money is anything that is accepted by a community of people as a medium of exchange. Whether if it's physically (banknotes, coins) or digitally represented, in this case an immutable ledger, if some of us agree that it's useful, its units will start having value.

Number is an abstraction, it holds no value and it is impossible to compare it to the value of the coffee to find out whether the "exchange" is beneficial or not.
It depends on that number. If the number
  • Cannot be erased no matter the excuse.
  • Can only be transacted by the owner.
  • Can be accessed by anyone in the world 24/7/365.

Then, I don't find any reasons why it shouldn't be valuated.

Bitcoin on the other hand doesn't exist and all you have is numbers. Numbers that express the ownership of nothing.
Just because it isn't used for expressing the ownership of governments' debts, doesn't mean that it can't.
7218  Bitcoin / Bitcoin Discussion / Re: Global adoption — A ridiculous term on: June 07, 2021, 09:31:04 PM
Why not having more than one currency in country and you let the citizens decide what they want to use legaly, not charging them ridiculously high taxes like now.
Because they cannot control it. It's that simple. Are you sure that every other country will behave same like El Salvador did?

I hope they all adopt it and maximize this global adoption, because I have bitcoins.

Let's see what country will accept Bitcoin as legal tender next and then we can talk more about global adoption.
There's a difference between adopting Bitcoin and legalizing it. Yes, you can make it legal to use Bitcoin, but will there be places to use it, you know like... locally? It could surely provide a great way to purchase from the other side of the Earth, but locally, it'd be better to use your nation currency. It's faster, it costs less to make a transaction, you don't have to dedicate some hundreds of hours understanding how it works and it'd be better for you to spend it now, rather than keep it.
7219  Other / Meta / Re: This thing with the accounts' farming has to stop... on: June 07, 2021, 05:21:57 PM
I wouldn't really call it merit abuse, but maybe not the best way of using the merit.

If you're a merit source, it's abuse.
7220  Bitcoin / Project Development / Re: Bitcointalk forum mobile app on: June 07, 2021, 04:34:02 PM
A Bitcointalk forum mobile application should be created, what do you think?
I disapprove it.

This forum's development is probably abandoned, at least for the SMF version. A bitcointalk mobile application could not be built easily and be user-friendly at the same time. It'd require lot of work and I doubt that Admins would pay for such improvement. But, besides that, there isn't point for an app; using the forum from your browser does work fine.

They're already working on improving the forum software.
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