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7301  Other / Beginners & Help / Re: PAPER WALLET on: January 20, 2021, 03:27:44 AM
Probably a unpopular opinion:

If you don't know how to confidently create a paper wallet securely, using a paper wallet might not be a great option. Getting a cheap hardware wallet(Ledger Nano S/Trezor One) is a far more secure option for the typical beginner. There's just a good number of ways while generating the paper wallet that could completely mess up your security.
7302  Bitcoin / Bitcoin Discussion / Re: Michael Saylor CEO of Microstrategy wants Elon Musk to talk about bitcoin on: January 20, 2021, 03:23:28 AM
While listening to Elon's thoughts towards Bitcoin would definitely be very interesting, seriously though, Bitcoiners in general should probably stop fantasizing about these big names talking about Bitcoin. Just leave them be, they're obviously busy doing something else, and they can talk about it when they want to.
7303  Economy / Service Discussion / Re: Where can you see the actual market rates live? on: January 19, 2021, 04:17:13 PM
What are you looking for specifically? Even CoinMarketCap auto-refreshes the prices of cryptocurrencies every few seconds now. Or if you want an actual live detailed view with charts, then simply head over to the BTC/USD trading pair of your preferred exchange.

Like this one; just click on the 1 minute(1m) option: https://www.binance.com/en/trade/BTC_USDT
7304  Local / Others (Pilipinas) / Re: Meron bang kabayan natin dito na kasali sa spammers list ni actmyname? on: January 19, 2021, 03:26:34 PM
Lol. Bumunot lang ako ng sampong pangalan sa isang page ng isang thread dito sa Pilipinas section; meron agad akong nakitang dalawa na nasa list na yan. 😬

Hint: ung mga sobrang taas ang activity points pero halos walang received merit.

Ang tanong ko lang, nararapat ba ang gamitin ang trust feedback (kahit neutral pa yan) sa non trust related issue?
Mostly, hindi. At sa pagkakaalam ko madalang naman gamitin ang trust feedback para manlaglag ng spammers. Pwera nalang talaga ung sobrang lalang spam talaga tapos may kasamang scam/spam link.
7305  Economy / Trading Discussion / Re: How To Protect Yourself In This Situation on: January 19, 2021, 03:02:49 PM
Good capital allocation through proper bankroll management; basically, not going full YOLO and setting offers using 50%+ of your total bank roll. Just so if you lose the trade, you'll have enough funds to potentially bounce back in your subsequent trades. There's just so much you can do to control your risk through your exchange offers.
7306  Other / Beginners & Help / Re: Does a BC exchange have my private key after issuing me BC ? on: January 19, 2021, 03:54:21 AM
Am I still able to cash in the BC without the Ledger?  
I'm assuming you meant BTC, right?

Anyway, as long as you have the addresses of that bitcoin wallet, then yes.

When an exchange sells me BC ,and I get my private key , does the exchange ever see the private key they send me ?
I don't mean if I leave the BC in trust with an exchange or whatever .I mean if I posses the private key and it's on my ledger wallet !
Exchanges don't send you private keys though, they only send the BTC to your wallet address.

Bitcoin public addresses and Bitcoin private keys are 2 very different things. You're probably mixing things up here:

https://en.bitcoin.it/wiki/Private_key
https://en.bitcoin.it/wiki/Invoice_address
7307  Alternate cryptocurrencies / Altcoin Discussion / Re: How long will this scam go on? on: January 19, 2021, 03:32:53 AM
Knowing the fact that people are totally free to create as much projects(both legitimate and scams) as they want, then no, I don't think it's going to stop anytime soon. Especially knowing that people are still willing to speculate in them regardless how good/bad they are.

Funnily enough, depending on people's opinions, I'm pretty sure a lot of people would think that some of the coins you've mentioned aren't actually "viable". Tongue
7308  Economy / Services / Re: [FULL] ChipMixer Signature Campaign | Sr Member+ on: January 19, 2021, 02:57:13 AM
I'm slightly disappointed it's now pegged to USD though. I was hoping we'd reach rediculously high amounts per post again if when Bitcoin goes up 10 fold again Tongue

Mixed feelings for me. Though I'd totally prefer a non-USD peg, I guess it's something that would be handy whenever we enter the next bear market, I guess. 🤷‍♂️
7309  Economy / Service Discussion / Re: Bitpay introduced mandatory identification wtf on: January 18, 2021, 04:00:26 PM
There's a reason why a lot of people in the Bitcoin space totally hate BitPay, and totally LOVE their open-source competitor BTCPay.

Quick fun fact: If you weren't aware, BTCPay's developer, Nicolas Dorier, is very famous for this jab he had towards BitPay years ago.



[1] https://btcpayserver.org/
7310  Bitcoin / Bitcoin Discussion / Re: If someone got 2009 satoshi's wallets it there a chance he is in danger? on: January 18, 2021, 03:24:46 PM
Completely depends.

If someone gains access to Satoshi's wallet through Satoshi specifically(probably through Satoshi's computer), then of course Satoshi is in danger because it means that his/her/their identity has already been found out by someone.

On the other hand, if someone manages to gain access to Satoshi's wallet through something like bruteforcing the wallet's private keys(next to impossible, I know, but just as an answer to this rhetorical question), then no. Satoshi is pretty serious on anonymity, so the chances that Satoshi's addresses being affiliated to a certain person/group is next to impossible.
7311  Local / Others (Pilipinas) / Re: accusation for using alts (2018) on: January 18, 2021, 04:18:23 AM
Assuming na hindi ka nagsisinungaling at at naki-hiram ka lang talaga ng wallet, well, alanganin parin. Kasi in the first place hindi mo naman kailangang gumamit ng Coins.ph para matanggap earnings mo, pwede ka namang gumawa muna ng Electrum wallet tapos gagamit ka nalang ng anomang exchange pag magbebenta kana. And I'm pretty sure alam mo naman siguro to, dahil andito kana ng 2017 palang.

Also not to mention na pwede ka naman gumamit ng P2P platforms para magbenta ng walang ID. Which is again, dapat siguro alam mo na by now.



EDIT: based sa accusation posts tungkol sayo, pati naman ETH wallets connected sa ibang accounts. So ano un nakihiram ka rin ng MEW wallet para mangolekta ng ERC20 tokens? lol 🧐🧐🧐
7312  Other / Beginners & Help / Re: Bisq going rogue? on: January 18, 2021, 03:45:20 AM
I'm pretty sure they can't. Bisq is non-custodial, and if ever they go bust, you can import your Bisq wallet backup to another wallet such as Electrum.

https://docs.bisq.network/secure-wallet.html
7313  Bitcoin / Bitcoin Discussion / Re: Spend as much as you can! on: January 18, 2021, 03:42:55 AM
Watch the movie "The Big Short" 2015
Quantitative easing does not stimulate small businesses (I think the benefit is very small).
In the United States, it is perfectly legal to blow stock market bubbles, and then the Federal Reserve had to buy back mortgage bonds.
Traditional economists believe that quantitative easing helped solve the problem, while other economists argue that constant phases of quantitative easing have a negative effect on the entire world economy.

I totally get what you mean. I wasn't referring to quantitative easing specifically though, but the stimulus money that they're trying to distribute to the people; which surely is going to stimulate the economy. To what extent? I really don't know. And it might probably just a sort of 'bandage solution'.

Feel free to correct me though, my knowledge with economics isn't that great.
7314  Economy / Trading Discussion / Re: Do crypto enthusiasts truly believe in bitcoin, cryptocurrency? on: January 17, 2021, 04:47:32 PM
  • It discloses a fact that most of people who are participating in crypto market care about their fiat, not Bitcoin, not Ethereum, not DeFi.

It's a pretty safe assumption, even without taking a look at the locked assets in "DeFi". It's pretty much one of the main reasons why bitcoin's price rises and price crashes are overly exaggerated(in contrast to other assets); because a lot totally inexperienced retail "investors" who don't have a single clue on what they're doing(or what Bitcoin even is) just FOMO in and panic sell out of the market.
7315  Bitcoin / Bitcoin Discussion / Re: Spend as much as you can! on: January 17, 2021, 02:59:43 PM
Each new quantitative easing will drive up the price of bitcoin and other cryptocurrencies, is there a different path for regulators?

And assets in general. With more and more quantitative easing, the wealthy will be somewhat forced to park their money into other stuff too like stocks.

As for a different path for regulators, I'm not really a macroeconomics expert, but as far as I know it's totally understandable — what they really want and need is for the people to spend their money as to help small businesses(or businesses in general) survive, and to stimulate the economy in general.
7316  Other / Meta / Re: Bitcointalk Hall of Shame on: January 17, 2021, 09:26:04 AM
There's this one dude named "HardFacts" whereas he pretty much almost always ends his topics with "Hard Facts" thinking he's so smart and clever or something. Thankfully he's already stopped spamming these crappy threads. He's pretty much the sort of "version 1" of cryptoboss2020.

How Valuable is the worlds First FIAT CURRENCY Huh

How big is the world first BANK Huh

Does everyone still want the first CELLPHONE Huh

I bet no one here even knows what the first in the list above are if they did not google it...

Being first is great, you can have a nice run with a great new idea and zero competition, and make a fortune 💰💰💰   But being first has a very limited time to profit before competition with better products arrives.   Just like FIAT currencies, there are an INFINITE number of Crypto Currencies that can be created via the Blockchain.  The Blockchain is a world changing technology, but Bitcoin has no exclusive claim on it.  Bitcoin had a great run up for being first, people made fortunes, but those days have past....   Just like the assets in the above list have gone to zero an are long forgotten, we are now seeing the decline in Bitcoin.   I wonder how low it has to get before some of the " Faithful Believers " figure it out.

I have no doubt that Crypto Currencies will be the future of money, but it will not be bitcoin.  It will likely be some real asset backed Crypto, gold backed, or Petro Backed, you name it, but backed by something of real value.    Bitcoin is backed by NOTHING, do you REALLY think people will want Bitcoin when better Crypto Currencies with real backing come along Huh

You can ignore reality, but you can not ignore the consequences of ignoring reality  🤣🤣🤣🤣

Hard Facts
7317  Economy / Exchanges / Re: Where to sell BTC for higher markup price? on: January 17, 2021, 08:07:59 AM
Well Im outside the US now... but im American with a Us bank account.
Then you can still transact with people in the US using your US bank account, as long as you can still access your bank account.

But these person to person ... are they almost always meetings as you meet the other in person?  Or its mainly ppl communicate via forum and then payment and trade is made like that?
If you picked a physical person-to-person transaction, then you'd meet physically, obviously. Banks, malls, or whatever other secure location both of you prefer. If you picked an online transaction whereas you'd use online bank transfers, then obviously you wouldn't need to meet in person(unless both of you wanted to).

Because for example if there was a way i can go on a forum and trade with someone when there is some escrow service... well that would seem nice.  But if you do that... wouldn't that mean no much profit to be made since you have to pay that escrower?  Also... do ppl who sell btc in these situations... get less than face value or more?  
Peer-to-peer(p2p) platforms have their own escrow services integrated with their service.

And yes, you pay fees for the escrow. Regardless, you can still gain price premiums of course, depending on what price you chose to buy/sell bitcoin.



P.S. Seriously though, just check out the p2p platforms I've mentioned so you'd have an idea on how they work lol.
7318  Economy / Exchanges / Re: Where to sell BTC for higher markup price? on: January 17, 2021, 07:56:04 AM
What platforms are reliable?  Im American but im outside the US though.  


Is localbitcoins still reliable are not anymore?
LocalBitcoins still has most of the traffic when talking about P2P platforms as far as I know. Followed by:

1. Binance P2P
2. LocalCryptos
3. HodlHodl
4. Bisq

The thing is what is the most common form of payment in these transactions?  Is it still cash?  Or bank transfer?  Or cash deposit in bank?
Again, you're better off checking out existing buy/sell offers yourself because it's going to be different from country to country.

Because i heard online transfers could be reversed.  So wouldn't the most safe form of accepting payment be having the buyer deposit cash in your bank account?
PayPal and CashApp(not sure about CashApp tho) can be reversed; but there might be other platforms in your locality whereas reversals could be attempted. But yea, mostly bank transfers and physical cash transactions are your best bets for non-reversable transactions.
7319  Economy / Exchanges / Re: Where to sell BTC for higher markup price? on: January 17, 2021, 07:48:51 AM
You can pretty much sell with such premiums mostly only on P2P platforms like you said. As for specific prices, your best bet is to check buy and sell offers of people in your country(in some cases I even see price premiums of 4%), and probably just over/undercut their offers a bit as so the likeliness of buyers/sellers picking your offer would be a bit higher.
7320  Economy / Service Discussion / Re: My Bitcoin Got Hacked From My Wallet on: January 17, 2021, 06:05:49 AM
I don’t even know my private key.  Where can I find it from the wallet app?  If they were able to recovery my wallet in their device, then they can just send the money out. 
I meant your recovery phrase, specifically. And since you actually sent your recovery phrase to yourself via an email(which is a HUGE no-no), I think there's a decent chance that that might actually be it:

- I just found that I did send the recovery phrase to the same email address I was using as a backup.  Not sure if my email account got hack though, as I am still able to access it.
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