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7321  Bitcoin / Bitcoin Discussion / Re: Another guy talking about bitcoin founder! on: May 29, 2021, 09:53:29 AM
I saw a video on tiktok and was talking about the guy who is behind bitcoin.

If you get your information through such social networks, rest assured that 99% will be complete untruths or better to call them by their real name, fabrications and nonsense. Do you think someone who valued their privacy above all else (Satoshi Nakamoto) would let some kid living in the world of conspiracy theories expose him?

Spend your time in a better way, the advice is free - but it can be worth a lot if you listen to it.



Anyway, Bitcoin is actually a creation of the CIA.

What proof do you have for that? As far as I know, that agency does some other business and has nothing to do with Bitcoin - like probably any US agency that they are trying to put in that context. Read what Snowden discovered about Bitcoin, maybe then some things will become clearer to you.
7322  Local / Off-topic (Hrvatski) / Re: Sport i Kladionica on: May 28, 2021, 02:00:39 PM
Koliko je meni poznato Skrill ima mogucnost direktnoga povlacenja crypto (BTC&ETH) jos od kraja 2 mjeseca ove godine. U clanku koji sam pronasao navodi se da je usluga dostupna u European Economic Area sto znaci sve EU clanice + jos nekoliko zemalja.

London, UK — Digital payments provider Skrill, part of the integrated payments platform Paysafe, has announced a new feature for its digital wallet that enables users to withdraw funds directly to a cryptocurrency address of their choice.

For the first time, Skrill customers are able to instantly convert and withdraw their fiat balance to an external cryptocurrency wallet by entering an address. The feature can be accessed when a customer goes to withdraw funds in their account and selects ‘Crypto Wallet’. The user then enters the balance amount and wallet address of either a Bitcoin or Ethereum wallet.
7323  Economy / Economics / Re: Three South Korean Banks Stop Working With the Nation’s Crypto Exchanges on: May 28, 2021, 01:24:41 PM
In this race, there are more looser than winners and that means that you will find many people willing to risk everything they own for a chance of getting rich quick. The banks are probably scared of what that means for the savings of the people and the country, not to mention the suicide cases.

This now turns out that banks are doing something good for society by preventing people from investing in risky investments - and everyone's right should be to be able to dispose of their money at any time, however they wish. Maybe it's some banks that have a high moral standard, instead of just trying to make as much profit as possible - but I still think that those banks are just trying to keep as much money in their accounts as possible instead of pouring that money into crypto.

Of course, banks will say they are being forced to do so by the authorities, but they are working with the same goal - to discourage and make it harder for people to trade cryptocurrencies - because if we get banks out of the crypto equation, very few people would find alternative methods to convert fiat to crypto.
7324  Other / Beginners & Help / Re: Bitcoin and Mining on: May 28, 2021, 12:43:43 PM
I guess i choose non PoW

If with this we found that you consider Bitcoin bad in every way, how about you finally move to Altcoins boards and continue your education there - altcoins, stablecoins and even gold do not fall under the Bitcoin discussion.

I rather buy gold at least its in my Hands im not dependent of out side world so much.

If you are already going for gold, it might be a good idea to change your name to goldboss or altcoinboss - it would suit you better since you complain all the time that Bitcoin is not good. After so much time and open threads you seem to have wasted your time and the time of others.
7325  Bitcoin / Bitcoin Discussion / Re: There are not even 21M BTCs, I'd say max.17M BTCs available at a given time on: May 28, 2021, 10:21:14 AM
So scarcity is a great factor, but 21M Bitcoins is not even the true number, we will probably never have more than 17M active coins at a given time for >8 billion people! Imagine what owning 1 single BTC will mean in the next years, owning a single Bitcoin will mean a lot, it's gonna be huge. There are >51M people who are millionaires right now, they won't even be able to own 1 BTC each.

There may be 100 million millionaires at the moment or in the future, but that doesn't mean they will all want to own Bitcoin - because if only 10% of today's millionaires bought 1 BTC it would look like this:

- 5 000 000 x $40 000 = $200.000.000.000 = 5 million BTC removed from market = insane!

Even more absurd is the fact that 8 billion people should one day own a BTC, and 45% of them don't even have internet access at the moment. We can throw in as many numbers as we want, but for most Bitcoin is still atomic physics and if you stop 100 people on the street and ask them to explain what Bitcoin is and how it works, I don't think 95% will have an answer - while others will know at least something, but it all comes down to 1-2% of those who use it in some way today.

When you say “in the next years” you should actually say in the next few decades when it comes to mass adaptation.
7326  Bitcoin / Press / Re: [2021-05-28] SEC Starts Scrutiny of Skybridge and Fidelity’s Bitcoin ETF Bids on: May 28, 2021, 09:44:21 AM
ETF approval is making the news again. The last hope to bring investors and the hype back might be the approval of a Bitcoin ETF. It might set up bitcoin for a pump if approved or certainly another dump if denied.

This is far from any news that could affect the market, especially when we take into account that the SEC considers each application within the maximum allowed period of 240 days, which will probably be the case now. The SEC has already extended that period for a VanEck ETF that has met the condition (filled 19b-4) while some others mentioned in the linked article have not yet met that condition.

In other words, if the SEC continues to operate according to its usual practice, in the event of a positive decision, nothing should be expected before the end of the year when the VanEck ETF deadline expires.

For more information -> https://www.etftrends.com/crypto-channel/the-race-to-the-first-bitcoin-etf/
7327  Bitcoin / Hardware wallets / Re: Hardware Wallet protection on a online computer on: May 28, 2021, 09:26:31 AM
You're missing the simple fact that Hardware Wallets, while some of them might have the appearance of one, are not just a plain USB stick.

I once helped a friend with a crypto investment, so he asked me what the safest option was for keeping them - I recommended a hardware wallet and sent him links to an e-mail, to which he replied that he already had it at home. Of course, he only had a USB stick which I have to admit was quite similar to the Nano S.

I wonder how many people actually use such USB sticks for their crypto wallets (backups) and live in the belief that they have a hardware wallet?
7328  Bitcoin / Electrum / Re: Will old Electrum versions work after taproot ? on: May 28, 2021, 09:17:06 AM
There's quite a few security risks with Electrum 3.X and I really can't recommend anyone to be keep using it. Though it is a watch-only wallet, I still consider it more secure to be using one that is newer. Are you still able to connect to any server with 3.0.X?

If it's just a watch-only wallet I don't see why an outdated version would be less secure than the latest, if we know that such crypto wallet does not contain private keys? Is there anything that could affect broadcasting transactions from a cold wallet in terms of security?
7329  Bitcoin / Bitcoin Discussion / Re: Iran bans Bitcoin mining for next 4 months on: May 27, 2021, 02:07:43 PM
AFAIK Iran bans Bitcoin mining not bans Bitcoin itself...
Yeah, sorry it escaped me. You're right.

Every post and title can be edited, so it would be good to edit the title - for the truth, but also for those who do not read anything but the OP and the title.



As for all these things that have been going on for the last week, I think we’re giving them too much attention and just adding fuel to the fire completely unnecessarily. Musk is one man, China is one country, and Iran doesn’t play a big role anyway given that it has been under sanctions for many years.

After all, all of this together has only slowed Bitcoin down a bit - and I think the price is quite realistic for those who understand the market - for those impatient who just want to profit quickly things of course look tragic.
7330  Other / Meta / Re: Signature campaign and bounties are major factors of shit posting on: May 27, 2021, 12:59:25 PM
The problem I feel with signature campaigns is the condition that comes along with the package which is "accepted members  must post xx number of posts in a week. Some go as far as 70 posts in a week. This is the only reason that kills the quality.
Shit posters cannot represent a brand.

Each campaign manager sets rules that he or she previously agrees with the service owner who hired him or her. The thing is that the owners in most cases leave everything to the campaign managers, and they mostly conduct uniformed campaigns that have almost identical rules. There is of course an alternative model that says "no minimum posts - max xx will be paid", which is far fairer for each participant - but most owners can not afford it since their goal is to get as many posts as possible in the shortest possible time paying the lowest possible price. The wrong approach to the whole thing generally also gives bad results.

Shit posters cannot represent a brand.

Of course, this is not true, if the owner cares about quantity instead of quality - and there have been such campaigns on the forum in the past, they didn't even have campaign managers - everything was automated. Today, on the other hand, we have a very limited number of users that we can classify as good or quality posters, so the criteria in most campaigns are very low.

Let's put it this way, the forum has been fairly cleansed of spam users - and many high-ranking members have been permanently banned in the process (mainly due to plagiarism). On the other hand ranking has become a real achievement, and we currently have a shortage of quality members to fill all the spots offered in signature campaigns.
7331  Economy / Gambling discussion / Re: ⚽ EURO 2020 TOURNAMENT ⚽ 1 Year Delayed Start: 11th June to 24th June 2021 on: May 27, 2021, 11:00:54 AM
There is no doubt that a lot of good matches await us, but some things will still be clearer after the preparatory matches next week. It should also not be overlooked that there may still be problems with infected players and that the real strength of the teams will know just before the start of the championship.

Consequently, it is difficult for me to predict teams that will pass the group based only on their old reputation - so although Belgium is the favorite in Group B, Denmark has always been a tough nut to crack - and Russia does not seem like a better team to me.

As for Group D, England is definitely the favorite - especially as they play at home, just like Scotland, but it should not be overlooked that Croatia played in the final of the last World Cup - although it must be admitted that it is no longer the same team. So I think all three teams have an equal chance of winning second place and their games will be pretty tough with very few goals.
7332  Economy / Scam Accusations / Re: Freewallet.org - SCAMMERS CONFIRMED - Pending Litigation on: May 27, 2021, 10:37:45 AM
NeuroticFish, we all already know how this service works, and the user from the linked thread finally managed to get his funds - so there is hope that the outcome will be positive for OP.

exwmzcom, send PM to https://bitcointalk.org/index.php?action=profile;u=1177176 what is the official account of this service on the forum and also send him a link to this thread. You will certainly be asked to make a very detailed KYC, but that is the only way to get possession of your funds.
7333  Economy / Economics / Re: Bitcoin As a Payment Method Against Other Payment Network on: May 27, 2021, 10:24:15 AM
All this is just another of Musk stupid jokes, but, as I said multiple time, you can burn your reputation on the crypto community only once. Well... unless you are McAfee in which case you can do it a few more times.

I wouldn't call it stupid jokes, because let's remember how much those jokes have damaged the crypto market. If we assume that EM is not a person with a serious mental disorder, then this whole show is his plan to try to manipulate the crypto market in which he eventually succeeded. It would be nice if the crypto community learned something from this, but I'm afraid most people have a short-term memory and might forget what happened in a few months.

People should always remember those old sayings "Fool me once, shame on you; fool me twice, shame on me"



As for Bitcoin as a payment method compared to other methods, we all know that there are advantages and disadvantages of such payment. Microtransactions are mainly a problem due to fees that can be quite high, and I think this is perhaps the biggest problem of competition with other payment methods - and the main reason why many do not consider Bitcoin as a currency.
7334  Other / Meta / Re: This thing with the accounts' farming has to stop... on: May 27, 2021, 09:51:18 AM
I noticed another thread with the same accounts, so even though it's mostly a post that is one or two sentences - some posts are still a bit more serious (somewhat). Since we have not yet established the reason for this behavior, maybe this will be useful to someone in the future when he researches these accounts.

https://bitcointalk.org/index.php?topic=5340236.0 (archived)
7335  Economy / Economics / Re: Is Bitcoin Naturally Defined By 4 Year Boom And Bust Cycles on: May 26, 2021, 02:16:52 PM
I would not end the story with 2021 so easily by saying that we have reached absolute ATH and that the scenario from 2013 or 2018 is now repeated. For such a conclusion, we should still wait until the end of this year - although we will find out before that, but we will still be able to say that all those who claim that we have entered the bear market, which by them should last until 2024/25, are right or not.

Although this is not just about halving exclusively, it is still a constant that everyone is counting on, and this was no exception this time either. However this year ends, halving 2024 is likely to produce similar effects as in the past - of course if nothing happens in the meantime that would make halving meaningless.
7336  Bitcoin / Bitcoin Discussion / Re: Weird Bitcoin address (1111111111111111111114oLvT2) on: May 26, 2021, 01:43:22 PM
BlackHatCoiner&o_e_l_e_o, thanks for explaining, I really didn't know the thing worked that way - burn x BTC to get x altcoin, but now it's definitely clear to me why people send BTC to addresses like this - I should have known that no one gives up their coins just like that.
7337  Local / Hrvatski (Croatian) / Re: Odgovor porezne o cryptu on: May 26, 2021, 01:32:07 PM
Kriptovalute koje su stečene rudarenjem, reklamiranjem ili na druge načine smatraju se drugim dohotkom u trenutku stjecanja.
Stečene kriptovalute (bez obzira na način stjecanja) zatim se otuđuju nakon određenog vremena i oporezuju ako je prošlo manje od 2 godine od dana stjecanja (čl. 67. st. 8. Zakona o porezu na dohodak.

Nisam strucnjak i ne shvacam sto znaci ovo "zatim se otuđuju nakon određenog vremena", ali cini mi se da tu mora postojati nekakva kvaka - jer u suprotnom bi svatko mogao izbjeci placanje poreza na drugi dohodak ako bih bilo istinito da i tu vrijedi pravilo od 2 godine kao kod klasicne investicije.

I ja bih volio cuti sto o tome misli nas strucnjak za ovu tematiku, jer iskreno meni izgleda da tu nesto propustamo u tumacenju ovoga obrazlozenja.
7338  Bitcoin / Bitcoin Discussion / Re: Weird Bitcoin address (1111111111111111111114oLvT2) on: May 26, 2021, 01:07:22 PM
Below are two other burn addresses.  (There should be many other burn addresses as well.)
1CounterpartyXXXXXXXXXXXXXXXUWLpVr (2130 BTC)
1ChancecoinXXXXXXXXXXXXXXXXXZELUFD (480 BTC)

I really wonder why people send BTC to addresses like this - because they hate BTC and think it will hurt it (actually do the opposite) - or think it's a cool thing to be part of the burn process? I think anyone can do whatever they want with their property, but this is just plain stupid - some have obviously not heard of charitable donations...
7339  Economy / Reputation / Re: 1xbit is at it again with bounty and a signature campaign on: May 26, 2021, 10:56:48 AM
I am not sure if we can prevent this campaign, but personally I don't like to see advertise in the forum.

If nothing has changed since the last time the admin wrote that post, then his attitude towards advertising a service that has such reputation will be identical - meaning it will ban their signature, similar to what happened with YoBit in the past. One of you just needs to send a PM to theymos and link to this thread - he only has the ability to disable their advertising.



I'm not a fan of tagging accounts for wearing a signature, but I am hoping this will cause some to think about whether they want to support this outfit. 

129 users who were wearing a yobit signature and had at least 1 good report against them in the last 14 days are banned for 14 days. All yobit signatures are wiped. Signatures containing "yobit.net" are banned for 60 days.

Some people were talking about neg-trusting spammers for spamming. This is not appropriate; report the posts, and if that doesn't seem to be working well, come to Meta with specific examples and suggestions.
7340  Bitcoin / Bitcoin Discussion / Re: Bitcoin & increasing government pressure & power outages on: May 26, 2021, 10:44:36 AM
Due to the high cost of electricity, I do not mine bitcoins, but my family, who are in Iran and use cheap electricity, why should not mine?
Or why should they not exchange digital currencies legally? This is an injustice Sad

If someone has a chance to make life better, even if it may not be 100% legal in the country where you live (specifically crypto mining), I don't see why not try if it's the only way to improve our quality of life. Most people live in the belief that their governments wish them well, but ordinary people around the world feel that this is not the case - so it is even more illogical to ban ordinary people from doing something that the government itself does.

I've read and listened all my life to governments around the world saying "don't do it, don't live like that", and then in the end it turns out that it's just ordinary hypocrites doing the same things - Bitcoin is freedom that anyone can practice, no matter what politicians speak and advise.
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