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741  Economy / Gambling discussion / Re: About Online casino/gambling projects on: September 26, 2022, 08:03:26 PM
I remember primedice (stake.com), 777coin [currently offline] (bitvest.io) and freebitco.in being around since about 2013.

The sites in brackets are ones that share the same team or seem to have started as a branch from the same project/company.

A lot turn into scam or disappear because they have bankrolls that are hard to manage. Even some places where the bankroll is invested by other users have seen issues in the site going offline (probably due to it not being profitible or due to a hack in some cases, exit scams are quite rife here too and there's been quite a few gambling related ones).
742  Alternate cryptocurrencies / Altcoin Discussion / Re: Can whitepaper still shows the weakness of a project and their team on: September 26, 2022, 05:14:18 PM
If they can't even be bothered to write their own whitepaper then it might be an indication they're not in it much but I don't think it's a red flag.

A lot of projects copy others' utilities and just do it under a different team - especially bigger projects that want to sell their skills further or revive the price of their token/currency for their investors. If you've got a better way of determining if a team is good (except a whitepaper - such as functional or well written code) that might be enough to invest in a project.
743  Economy / Economics / Re: GPU price in China drop to their lowest level in histor after the ethereum merge on: September 26, 2022, 04:52:11 PM
In a Bitcoiner's perspective, isn't Ethereum moving to PoS a good thing? Not sure about mining hardware compatibility, but wouldn't it be a safe assumption that some of the Ethereum PoW miners would transition to mining BTC? Bitcoin's mining hashrate is doing really well despite markets being quite bearish.

It's likely that a lot of miners (especially with cheap rates on electricity) will have moved to bitcoin and probably a good suggestion or reason the hashrate has increased since the market has been bearish.



Saying ASIC development lead to employment is a bit like saying it lead to the destruction of the environment - it's a bit wrong as a lot of that is automatic. The logical option for a lot of cities is to use fossil fuels, it wasn't in the past when production could be supported via renewables in some cases (like in factories). Though I'm pretty sure there's more dragging heals since countries have planned to move to renewables.
744  Economy / Economics / Re: Buckle up, America: The Fed plans to sharply boost unemployment on: September 26, 2022, 04:42:31 PM
It's confusing to say if unemployment rates go up, prices will have to come down because companies will realise people are poorer and lower their prices. If this was true, why don't they just do what left leaning governments do when they do well and statt to move the goal posts. Poverty was once considered destitution, now it's considered to be earning less than 60% of the average income (aroud 40% of $40,000). There's ways to fiddle with employment rates too, change it so students aren't classed as employed or people earning below a threshold or some pensioners).

Most effects governments put on people to tackle rising inflation just exacerbate and intensify the problems faced by the people on lower incomes and those unemployed, the exact groups it already had the greatest effect on while there was inflation. At this point you probabky have to question who lowering inflation benefits and why (and I don't think it benefits anyone better than offering people discounts on goods after adjusting them for inflation).

745  Economy / Economics / Re: Bond sell-off worst since 1949, Bank of America says on: September 26, 2022, 04:29:32 PM
I don't think it's completely clear where people are investing this money though too once they take it out of bonds.

There has been some warning for a while that bonds were going to drop and be less saught after but I don't think it's been so much of a warning that people would have taken their funds elsewhere (corporations might have though).

If all of these funds have been moved to commodities, stocks or real estate, I think we'll end up seeing a crash in those too. If people are just holding cash, we'll probably see a lot more inflation - bank accounts offering rates of 3% in the UK seem to have become more common again, then there's investment banks offering fixed 4-5% yields too - perhaps this is a market going back to normal where bonds are the boring investment you can't get a good return on because bigger caps are eating up all the high returns.
746  Other / Meta / Re: No more banner advertising: what's next? on: September 26, 2022, 01:19:32 PM
Maybe signatures are to be banned next ?  Smiley
No

Read what theymos talked about the reasons, not worth the time spent on it is there. To ban ads will not affect this forum traffic, but if signature is banned, there would be less traffic. Many people that supposed to be exposed to what bitcoin is properly will be unable to.


I don't think Theymos would actually ban signatures based on what they've said in the past. They've mentioned scrapping the ad space below threads and I think there was hope demand would drop before then or it'd be less effort to implement that system.

The first topics where he mentioned stopping with the ad slots were years ago and perhaps this is a time where users enrolled in signature campaigns can determine what's promotable and what's scam/worthless.

Signatures remain a quite good way to distribute crypto to newbies and enthusiasts and to keep traffic here. There's also the argument that people might ignore the slots after a while so inserting new ones after a break might make them more noticeable to users. I can't find statistics on ad clicks either.



I wonder if we'll get some new factoids coming out though soon? I'd support a community based project on that too if we have things/need tor ank things worth advertising generated by forum members here.

747  Other / Beginners & Help / Re: Core with backed up wallet.dat. What first: sync or replacing wallet.dat? on: September 26, 2022, 12:58:05 AM
Yes it does matter (but only speed wise).

Replace the wallet first before syncing for the fastest amount of time to sync.
748  Bitcoin / Electrum / Re: History of transactions and balance don't match after switching to Electrum on: September 25, 2022, 07:46:58 PM
Is core fully synced (you won't see a progress bar at the bottom if it is).

Have you checked if the addresses are similar or if there are differences in that between core and electrum. There was the segwit fork back in 2017 which might've caused some addresses to be different - if you were experimenting with segwit back then you might've sent some funds to an address that needs importing separately in electrum.

How did you get the private keys out of core to put them into electrum too? Did you use a command/tool to get them all out or did you select specific addresses and their private keys.
749  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: I have a few questions about hardware wallets and metamask on: September 25, 2022, 02:35:44 PM
Metamask PC can be used with hardware wallets, the mobile version can't be.

I'm not sure there's a way of using other networks with hardware wallets on mobile you can use erc20 tokens from trezor with trezor suite web on mobile and I think ledger have something similar but I don't think it's possible to change networks because of how they're implemented.

You might also be able to use wallet connect on you phone to connect to metamask/hardware on PC..

Do not import your hardware wallets private key to your phone, ever. You can make a wallet on your phone with a different nmemonic if you don't plan to store anything of much value on there but that's about it.
750  Other / Politics & Society / Re: [Rumor check] Chinese President Xi Jinping under house arrest? on: September 24, 2022, 08:19:01 PM
All I could find is a senior official being imprisoned for running a crime gang with government officials and receiving almost $100 million in bribes?

I can't find anything about xi and I don't think the article I read was very well written (I don't think they'd have reason to lie but I'm not sure why they can't proof read their articles before publishing them).

It's possible that twitter person is forwarding their own channel with fake/exaggerated news but maybe time will tell on that one (they disagree with themselves between posts).

751  Other / Politics & Society / Re: We knew it! US SANCTIONS CAN BE AVOIDED BY USING BITCOIN… Awesome! on: September 24, 2022, 07:32:44 PM
Original post in Zero Hedge comes from Bitcoin Magazine:
The first line of that article says it's an opinion piece.

Isn’t Bitcoin Magazine a reliable source? What is reliable, CNN? I’m just LOL. A lot.

A txid. Some referenced research the article is based on. It'd be bullish if it came out that crypto was being tested by companies like Gazprom and Lukoil but I doubt there'll be the liquidity too and the power to circumvent sanctions. I'd also imagine an imperialist power to make their own CBDC instead of helping to either prop up or kill a crypto.
752  Other / Politics & Society / Re: We knew it! US SANCTIONS CAN BE AVOIDED BY USING BITCOIN… Awesome! on: September 24, 2022, 03:55:30 PM
Zerohedge isn't a reliable news outlet for information so I don't think they should be used here.

While it is clear most countries' nationalism attempts to push them forward and boost them ahead of everyone else, an attack on Europe being successful is probably going to take longer than they'd like to imagine.

As for invasions, the world is probably mostly level on the evil they've committed in the past too. The EU made a costly mistake of relying on one source of fuel but it's been a costly one to a lot more countries too. I doubt Russia giving China and India discounts on oil takes them below the cost oil used to be during the pandemic.
753  Bitcoin / Development & Technical Discussion / Re: Signature aggregation for scaling - what is possible? on: September 24, 2022, 03:04:25 PM
I don't think it'd reduce much size wise really and there might be better ways of doing this.

There may be a possibility size could be reduced by making mempool transactions bigger and storing old transactions as hashes so you submit the raw transaction (that could be hashed into your txid - the thing stored on chain) and then be able to spend your coins - such systems would come with a 10x+ reduction on transaction size but would likely take a lot of implementing imo.
754  Bitcoin / Hardware wallets / Re: Electrum+Trezor, wrong hint/info displayed on: September 24, 2022, 02:51:21 PM
Trezor normally displays the highest output when you're using a different wallet (I don't think it does the same on trezor suite but I'm not sure).

As in if you send:
1 btc input from me to a payee 0.1btc you'd see a confirmation of "send 0.9 btc to me" instead of "send 0.1 to the payee".

The address you'd see being paid should be listed in electrum under change addresses or be your next unused address.
755  Economy / Trading Discussion / Re: I need help on Option Trading on: September 24, 2022, 02:44:12 PM
Take, for example, I bought the (Call) option on BTC at 18634.35 on Friday for an expiration of 1 hour. Could you believe that the price of the market was at 18855.87 at the expiry time, but Binance still concluded that I lost the bet? This is not a mistake because such a situation has happened to me more than 5 times with the same exchange.

I don't know how Binance calculates their options trading and I don't care again. Is there any exchange you can suggest to me that gives winning like the traditional Option trading where the slightest point counts?

I don't know if it's still the case now but binance is an exchange that used to encode a lot of advanced functions without knowing how they were meant to work/actually testing them because most of them were broken (this was a few years back, some.have been fixed since but they're not the best). Some also did the correct thing but in the opposite direction too...

The only other site I've heard of to trade options is ftx.com/options I don't know whether they'll be as bad as binance for stuff though so it might still be riskier than waiting for something better to come out.
756  Bitcoin / Bitcoin Discussion / Re: Website bitcoin.org - owner on: September 24, 2022, 02:38:26 PM
I'm wondering if this person forget to pay, someone else will buy this domain and destroy it.

There are also a few sites for the same things like:
Bitcoin.org
Bitcoincore.org
Bitcointalk.org
Bitcoin.it

All of these normally have some way of finding the other sites and other communities so if one site went down for some reason, it'd probably be enough to spread the word about a backup elsewhere.

On the domain expiring, that's very unlikely as there's a lot of communications channels open within the community so cobra would probably find that out and resolve it quickly (or just add years on in advance as is being done now).

As well as the chance someone malicious buys the domain to take the site down, they'd also be competing against those buying the domain for more positive reasons (to keep the site going for example or to stop the domain falling into the hands of a scammer).
757  Bitcoin / Bitcoin Discussion / Re: All I need to teach my employees about Bitcoin on: September 24, 2022, 02:30:28 PM
You'd probably have to start by teaching them all and then work out who's more comfortable with using it and take it from there. Learning by a guided workshop will be a lot better than just giving them a list on what to do when accepting payments but that'll take more work.

You could try to scope out whether some employees are already better with technology than others (but this might not help that much as the technology is quite different).

What type of business is it you're running? Do you have to wait for confirmations before the person gets the item? Are the customers local? Is there potential to set up a prepay system for ones who regularly come in so you don't have to confirm the transaction straight away.
758  Bitcoin / Electrum / Re: Where to see the seed on: September 23, 2022, 03:19:45 PM
Also you might want to go to file > new/restore and open up the icon next to the suggested wallet name to open up the file explorer in the folder where your wallet was made. There's a chance the non watching only wallet was there and it's probably the most likely place it could be (aside from removable/backup devices you might've used). 
759  Economy / Services / Re: 👣 App to motivate you walk using Bitcoin bets 🪙 on: September 23, 2022, 03:14:36 PM
What if you use gps spoofing apps to easily simulate walks and distances ?

It uses the builtin fitness api that tracks your steps rather than GPS (I checked the information in the play store).

You can still cheat the system but I'm not sure how likely that is.

I'd guess as long as people are having fun with their bit, it doesn't matter if there are people trying to cheat the system - especially if there are other protections in place.


There are a lot of wagering/game apps that come and go and I think the op is only making the app for certain countries atm too it seems.

760  Economy / Economics / Re: UK Under Recession, Inflation Hitting World Strong Economies on: September 23, 2022, 03:02:48 PM
I think the UK government have been battling the situation, trying to ensure that the situation doesn't get to this, but with the unforeseen death of the queen and the unexpected expenses they were thrown into as a result of it, it must have contributed to the present recession they are facing. The queens funeral certainly cost a lot of money and no actual figure have been released yet as the amount spent.

I doubt it was in the billions though so it was probably "affordable".

I do think the government are liable to what's happening with the oil crisis, the lack of economic growth in a lot of places and trying to provide a space great for foreign investors to invest (even though they don't want to and don't really need to for the economy to boom - but the ones who have stayed are certainly enjoying the benefits of it, even if they couldn't leave anyway).

https://www.theguardian.com/business/2022/sep/22/bank-of-england-interest-rate-rise-latest

Quote
After a 0.1% drop in gross domestic product in the three months to June as the economy slumped into reverse, the Bank said a further 0.1% decline could now be expected in the third quarter amid a slump in consumer spending and weaker activity for manufacturing and construction.

0.1% drop, run for the hills!!! The apocalypse is coming!  Grin
Imagine if it went down twice that much, by 0.2, It would have meant the end of the world!

Is a 0.1% drop much? It seems like a tiny amount to be linked to rising interest rates.

The UK's economy looks like it grew by about 7-8% last year so it probably was expected to contract after that. It seems like a big place to get overall statistics for as different regions do different things and grow at different rates because of that (for England, North West does a lot of manufacturing, North East and south west does a lot of natural resource extraction or farming and London does a lot with financial firms - these might not be the main industries there but they seem to be the ones that affect gdp growth figures the most - or have done over the last few years).
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