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7441  Bitcoin / Electrum / Re: Is Fomat OS and reinstalling it safe? Electrum Cold storage. on: January 28, 2021, 02:38:16 PM
Now I want to use it, is it safe to delete all the data on my Windows (C:) driver, reinstall the operating system (Windows 10) and install Electrum from the official website? What problems might occur?
That means you are not sure if your computer has malware running underneath which could have been as a result of the way you handle the computer for online activities. It will be good to reinstall the OS, it is the best thing to do because your computer could have installed malware. You have your seed already, all you need to do is to install back electrum after installing the computer OS, but I will advice you to install Linux OS instead of window, then download electrum and input your seed.
7442  Other / Meta / Re: Account stolen, please give negative feedback on: January 28, 2021, 12:18:29 PM
So eager to get someone negative trust feedback :/
Why don't you first post all accounts you control with proofs since you are so honest and fair like you say.
I have tried to even sign the address provided by the OP with the message he signed yesterday, not only that the account could not be verified but the address is said to not be valid. That is a mistake from someone having multiple accounts.

Yes, I am account trader...
Account traders can not be trusted. So, you are not trusted.
7443  Other / Off-topic / Re: Plagiarism check for all on: January 28, 2021, 11:58:48 AM
(I)Accidental plagiarism: Accidental plagiarism occurs in a case where a writer fails to cite the sources in which the basis of their work is derived from or the unintentional paraphrases of source by the means of using similar sentences or groups of words.
And we shouldn’t forget the purpose of our community is to bring the enlightenment of bitcoin to each of us and to the world in general.
There is nothing like accidental plagiarism, plagiarism is plagiarism. I do make one example for the case purpose. Is their anything like accidental exam malpractice? If there is none, that is the case for plagiarism and copying pasting. Some newbies can be frustrated and do not know what to do than to plagiarise, not knowing they will be caught and be banned. Even, if the plagiarism is a mistake, you can not know the person's mind, if truly mistake or not mistake, this makes all plagiarism not accidental, and the punishment for such is permaban. A battle already heard coming tomorrow can not kill a disabled or immobile man. The rule already stated on Unofficial list of (official) Bitcointalk.org rules, guidelines, FAQ
7444  Economy / Reputation / I do not trust br0ken account on: January 28, 2021, 11:37:47 AM
br0ken created a thread on service board about seed phrase and password recovery service. He locked the topic and it is self-moderated.

So, I am guessing that br0ken likely want to scam because he created the thread and locked it immediately. He may be someone that will request for the part of the password or seed phrase that the person that need the service still have access to and use it to steal the cryptocurrencies from the person. I think this kind of thread should be reported and deleted.
7445  Other / Meta / Re: Account stolen, please give negative feedback on: January 27, 2021, 11:48:10 PM
It is not about the message you signed with staked address that mostly matters, it is the message you will sign now with the staked address that matters most which will include recent date and your Bitcointalk username, or if you have joined a campaign before or used the address elsewhere on this forum and you can sign it with the current data and your Bitcointalk username.

But, your case is now different, what claims that the bought account is not a stolen account? It could be a stolen account, but your information is helpful. If the person operating the account now is not able to sign any staked address, the account should be given negative trust or be banned completely from access Bitcointalk forum, but we should wait for the account user to provide a newly signed message from an address he has staked before to know if the person with the account now is not the true owner.

This is why account sales should be completely discouraged.
7446  Other / Beginners & Help / Re: Bitcoin security and safety on: January 27, 2021, 09:23:08 PM
2FA is good, cold wallet is good but I don't consider them as a unique way to store and protect my bitcoin. Personally, spending more fee for 2FA with wallet is unnecessary in my opinion. Especially for small bitcoiner like me.
2fa wallet like on electrum do come with high fee, it is not a good option for me as well, but cold wallets should be considered a unique way to store Bitcoin, you can create normal hot wallet on electrum, but this will be recommended if the funds you are having on it is not much. But, supposing you are having high amount of bitcoin, using cold wallet will be the best. Although, they are costly, but not that expensive to store store $1000 or more worth of bitcoin. Hardware wallet is not also only the types of cold wallet that are existing, you can create paper wallet or airgapped wallet like making use of flash drive as wallet or even making use of electrum wallet as cold wallet. There are ways to go to make a cheap cold wallet, but having much knowledge about it is necessary. Cold wallets are strongly recommended for holding because private key are stored offline unlike online wallets.
7447  Other / Beginners & Help / Not your keys, not your Bitcoin on: January 27, 2021, 05:42:58 PM
Not your keys, not your Bitcoin

Securing your coin is like a battle field,
Fighting and dragging for who will be the lead,
Scammers, frauding until they get the deal,
Securing your keys against scammers is a war indeed,
Save it, protect it, because you hold the keys.

They come roaring when it goes to the moon,
They keep shouting, $50k, $100k is coming soon.
Anxiously, looking forward to filling their greedy spoons,
Convincing slowly with their sweet and lovely tunes,
Protect it, not their keys, not their coins.

Scammers are everywhere deceiving,
Exploiting their skills by cyber criming,
Knowing fully well your money is your honey.
Making you scared of loosing your coins,
Protect it, not their keys, not their Bitcoin.

Oh, scammers, how will you fill your empty pockets?
When investors have saved their coins in a safe wallet,
Resign, scammers, for you can't meet up your budgets,
Choosing non-custodial wallets has been the surest,
It is not your keys, it is not your wallet.
7448  Other / Beginners & Help / Re: 'BuyUCoin exchange' data breach on: January 27, 2021, 02:47:14 PM
It is similar to personal backup for exchange account as a crypto user. I don't back up my account information: email, password and 2FA code at one computer. 2FA code is saved in another computer or in my notebook. I don't save all of them in one location (in one computer or in one notebook).
Making use of password managers can help that do not connect online while it should be used also with having the backup offline on paper and protected against damages and attackers. But, it should still be noted that device backup are not safe even if offline because the processes of handling the device also matters. For example, if someone's device mistakenly install malware, there are some malware like trojan that can steal your computer's data for hackers in such a way all the information stored on it will become known, there has been a report of trojan horse that stole 2fa code and used to access the account protected by the 2fa, that is why I only prefer offline backup.

Offline backup carry great responsibility but it is still the best, triplicating it and storing it in different locations is safe. But, some people are careless and will like to use password manager, making sure it is not the type that synchronize online but completely offline, and avoiding malware on your devices like by visiting only the legit sites and careful of ads and the type of files you are downloading. Also like you commented that you have it on two devices, it can help not to lose the passwords but also a means of more chances of vulnerability.

Backup are necessary but offline ones on paper, metallic sheets and the likes are the best in my opinion but carry great responsibility.
7449  Economy / Economics / Re: What do people think about CBDC? on: January 27, 2021, 12:34:52 PM
CBDC will be controlled by central banks not the governments, hence the name Central Bank Digital Currency.
In my country, the central bank governor is not contested for, it is not by vote, the president put the CBN governor on the seat, which means they are controlled by the governments not the banks because the governments controls the central bank while the central bank control all other banks under the country.

The goal is not to erase privacy
Agreed. But, it can not be as private as decentralized cryptocurrencies like bitcoin because I have my private key. The goal is not to erase privacy but the process will lead to privacy deprivation which can later erase privacy.

The tax excuse is an irrelevant problem too.
Governments use taxes for relevant national budgets that can result more to national development, I did not comment against it. After commenting how the coin could result to privacy deprivation, then I commented about how it can be an effective means of collecting taxes.

But , it will be an effective means if collecting taxes from CBDC users and a way fiat is introduced into digital form in another means.
7450  Economy / Economics / Re: What do people think about CBDC? on: January 27, 2021, 07:26:46 AM
There are this topic related threads, CBDC will just be a new era means governments will deprive people of privacy because non will be a privacy coin, they will all be centralized fiat-pegged digital currencies that is controlled by the governments which can even likely be less private than the non-private fiats which will result to privacy completely lost in the world for people that will make use of the CBDC. But, it will be an effective means if collecting taxes from CBDC users and a way fiat is introduced into digital form in another means.
7451  Bitcoin / Bitcoin Discussion / Re: Driving to the moon? HODLer installs portable mining rig in BMW on: January 26, 2021, 08:33:14 PM
I do not know how the car will be able to mine when it is said that the trunk has to be opened, it is not only about when the car is moving but to avoid overheating, the truck will be opened.

 While this mining rig can be powered by the hybrid car's battery, the trunk needs to stay open to avoid overheating.
https://www.coindesk.com/us-man-installs-crypto-mining-rig-in-hybrid-bmw-sportscar
7452  Bitcoin / Bitcoin Discussion / Re: Driving to the moon? HODLer installs portable mining rig in BMW on: January 26, 2021, 07:50:22 PM
That's innovative and optimistic. Driving while getting to earn some altcoins that he wants? maybe he's using nicehash if it's a graphics card to mine bitcoin?
Although, the coin that the graphic cards will mine is not yet mentioned. Normally, with the last year reduction in Bitcoin mining reward, while the mining difficulty greatly increased last year, and also still increasing, this has made GPU mining rigs not to mine Bitcoin profitably, also I am doubting if it can mine Ether. But, any news we hear about this will be included on this thread.
7453  Economy / Economics / Digital asset fund flows report on: January 26, 2021, 07:06:27 PM
This is a weekly report of digital asset funds based on CoinShares's report. Bitcoin comprises 83% of digital asset investment product under management. So far, this year investors invested more in bitcoin which comprised 97% of this year inflow in total at present, Bitcoin trading volume avarage this year has been $12.3 compared to $2.2 trading volume avarage in 2020, but although, this year just started, but Bitcoin trading volume has significantly increased. Invest product inflow last week hit record total of $1.31 following minor outflow period. Despite this, investment products have not tested the liquidity of the underlying Bitcoin, with investment products representing only 6.5% of total Bitcoin trading turnover.

                                           

Bitcoin total week flow is 1266.2, Having month to date flow of 1647.1, year to date flow of 1,647, with asset under management of 24,803, Bitcoin has the high inflows while followed by ethereum. Flows by providers can also be seen above with GrayScale being the the leader with the high inflow but currently delisted ripple from the asset they have under management due to the lawsuit filed by United States SEC against ripple CEO. The lawsuit has ensued United States exchanges delisting ripple while many investors had liquidated their ripple holding. This has been the reason why the price of ripple plunged below $0.3 even during bullrun period. This year 2021, the price of bitcoin hit all-time-high while ether followed, but not coin has been more successful as Bitcoin with the highest inflow and marketcap.

https://pd.coinshares.com/l/882933/2021-01-25/8tkm/882933/1611590184fdiveZ24/Weekly_Flows_25_01_21.pdf

7454  Economy / Exchanges / Re: DEPOSITING times on exchnages... on: January 26, 2021, 09:13:08 AM
You need to be specific about the coin you deposited, but likely your first deposit that took 3 days is bitcoin, it took 3 days because the fee used is low while mempool was congested also. Also know that bitcoin transaction is most likely to be confirmed approximately every 10 minutes if your transaction is placed in the nest block with higher fee. For fast confirmation, you need to pay high fee or wait until mempool is not congested.
7455  Other / Beginners & Help / Re: I have spent the best part of 20 minutes trying to upload profile pic? on: January 26, 2021, 06:07:09 AM
Until you are a full member, you will not be able to upload avartar.
7456  Other / Beginners & Help / Re: [Fake wallet] Coinbase wallet application on: January 26, 2021, 05:11:36 AM
It will be good if you code the link, also code the second link below the first one.

Code:
https://play.google.com/store/apps/details?id=com.codsxh.meswdsqq.gxqswsqq

Code:
https://play.google.com/store/apps/details?id=com.coincbh.mesxwq.gxswxmlq

Also, suggesting to paste the real coinbase wallet google palystore legit link
https://play.google.com/store/apps/details?id=org.toshi

The fake one have only 500+ download while the original link has 1 million+ download. I have noticed this about fake apps, no much download if compared to the original ones, but making use of official sites for wallet download will still be the best. Anyone that download the fake ones will result to scam.
7457  Other / Meta / Re: Copper member question on: January 26, 2021, 01:15:57 AM
Yes. With copper membership, you can post images, if it works for ranked members, then it will work for copper members. If copper member send personal messages in bbcode, it will definitely show in his outbox in images.
7458  Bitcoin / Bitcoin Discussion / Driving to the moon? HODLer installs portable mining rig in BMW on: January 26, 2021, 12:39:46 AM
It is surprising to hear a miner, Simon Byrne equipped his BWM i8 hybrid vehicle retailed for roughly $150,000 to be able mine bitcoin, it is also reported to be able to mine ethereum.

Quote
According to a report from Hardware Times, Byrne purchased a BMV i8 hybrid vehicle retailing for roughly $150,000 and equipped it with a small crypto mining rig consisting of six GeForce RTX 3080 graphics cards. The rig is powered by an ASUS B250 Mining Expert board and an EVGA SuperNOVA 1600 T2 power supply. It is reportedly capable of mining both Bitcoin (BTC) and Ether (ETH).

Although, it is said the battery capacity of the mining rig will be able to handle the mining, but what about the heat that will be generated from the mining rig and also the lifespan of the car battery. This is surprising and the first of its kind that I heard, but won't this be injurious to the car?

While this mining rig can be powered by the hybrid car's battery, the trunk needs to stay open to avoid overheating.



https://www.coindesk.com/us-man-installs-crypto-mining-rig-in-hybrid-bmw-sportscar
https://cointelegraph.com/news/driving-to-the-moon-hodler-installs-portable-mining-rig-in-bmw

7459  Bitcoin / Bitcoin Discussion / Re: If Bitcoin had a Billion Max supply instead of 21 million.... on: January 26, 2021, 12:09:29 AM
Lets look at a popular Altcoin right now that is Chainklink LINK.

Its price now is $24 and a max supply of 1 billion.

So if Chainlink were to pass $33 price today then as of today then you are saying Chainlink is better than Bitcoin for example?
You can not use chainlink as an example in this case, it has different price, different demand and different supply, it is another coin entirely and not bitcoin. Only bitcoin is used as an example if its circulatory supply is assumed to 18.6 billion instead of 18.6 million while other factors are assumed to be as it is now. Also know that the value of a coin is in its demand which will reflect in its marketcap, the value of a coins is in its marketcap.

I think the marketcap would be lower than the current one, because a billion of coins would be perceived as less scarce than the current max supply, even if in both cases the supply is limited. On the other hand, having lower total supply could also have negative effects, if it was too scarce, like let's say 10,000 bitcoins, it would be viewed more as a collectible rather than a currency or a store of value.
If people embrace bitcoin the way it is now at reduced supply or increased supply, not the marketcap that will be affected, it is the price that will be affected, the lower the supply the higher the price, the higher the higher the supply the lower the marketcap. But anything that will affect the demand will affect the price also, the higher the demand the high the price, a coin with no demand will not have price increase and will be a dead coin.

if it was too scarce, like let's say 10,000 bitcoins, it would be viewed more as a collectible rather than a currency or a store of value.
Yes, if not demanded for. The 21 million max supply just make bitcoin perfect.

XRP prices are still too expensive, because if the supply of bitcoin is more than 21 million pieces then the price might be the same as Doge coin, because the high price of bitcoin depends on the existing supply and demand from exchanges or other platforms, basically the more difficult it is for us to get goods it will be more expensive.
Never compare doge with bitcoin, bitcoin is more demanded for, have more marketcap, even if assumed bitcoin having the same supply as doge, the price will be higher than doge price.

The total supply number of Bitcoins has no impact on the price. Even if the total supply was a trillion, one bitcoin will still cost $32k at the moment.
You are wrong, the price will reduce if the supply increase, with the same demand.
7460  Other / Beginners & Help / Re: Can't such a school or online class be arranged from this forum? on: January 25, 2021, 04:32:33 PM
This is a forum, not online class. Just go through many boards and you will be getting acquainted from time to time. It can be difficult to start but the later for the people that like bitcoin and want to know more about it will be good. Just find bitcoin and some altcoins enjoyable, learn more about them and you will know more and contribute good later and many newbies will also later gain gain from you.

You will find Bitcointalk forum rules helpful to avoid ban. Also, you will need to know about the merit and activity system.

Unofficial list of (official) Bitcointalk.org rules, guidelines, FAQ
https://bitcointalk.org/index.php?topic=703657.0

Merit & new rank requirements
https://bitcointalk.org/index.php?topic=2818350.0
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