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761  Economy / Economics / Re: NTSB says all vehicles need alcohol detectors and the law will soon require them on: September 23, 2022, 02:16:19 PM
The idea of doing that in the UK often has someone saying they'll just get someone else in the car to take the breathalyser/test instead of them. If they can do it via skin and put it on somewhere like the stearing wheel then this might be harder to do especially if multiple readings can be done (like with fingerprint scanners - and if the device doesn't need much cleaning between tests).

The UK has laws (coming into effect this year) to bring in speed limiters in cars, I wonder if this is going to be something the US is implementing too: https://www.autotrader.co.uk/content/news/mandatory-speed-limiters-on-uk-cars-from-2022

Both of these parts of legislation will likely prevent crashes (hopefully it can be most seen between cars and pedestrians in the UK too - especially young children for speed limits but I guess time will probably tell on whether both of these are successful or not).
762  Economy / Speculation / Re: Is anyone buying right now because they think we are at or close to the bottom? on: September 23, 2022, 02:42:36 AM
Strategy wise there are likely swing traders betting on a bear trap or a reversal right about now (and both are not that unlikely imo). We could see $21-22k again before going lower, if we go lower.

People who buy are always there in every market condition, including in conditions like today. Because everyone has different thoughts on this matter and obviously not everyone basically has the same thoughts as what you think at the moment about buying cheaply.

I did think it was weird how quickly a lot of orders move on crypto exchanges now, especially a few weeks ago when I was looking at them - it seems a lot faster than your standard bear market in my experience. The volume looks pretty optimistic and for the price to have been sustained here for so long like someone said, there's a decent number of buyers optimistic about bitcoin in the short term (we were at a pivotal price point a few days ago and bitcoin seems to have started going higher since - for now).
763  Bitcoin / Bitcoin Discussion / Re: Derivation Path as A Mitigation of Loss of Funds on: September 23, 2022, 02:28:24 AM
Why wouldn't you just extend your nmemonic with custom words stored somewhere else?

I don't think this makes it that much harder to crack, if it's worth cracking as you could just check the first few addresses of quite a lot of derivation paths quickly - unless you make one that's so ridiculously long it can't be recovered, but then you could probably multisig for better security and easier recoverability.

764  Other / Meta / Re: How to change password if I have forgotten it? on: September 22, 2022, 11:31:17 PM
I seem to recall that trying to reset via email may cause problems and could in fact lock me out.

Are you sure it's that you're remembering? I've not reset my password so I wouldn't know but I k ow there's people who've had accounts locked before after they've changed email address as it sends a link to autolock and account for 7 days (I think) and whoever breached their email got the link.

Stake a bitcoin address first here and ensure you're confident on signing a message with it: https://bitcointalk.org/index.php?topic=996318.0

I can't say this'll be foolproof but it's probably the best way - unless you have one staked already you can sign just in case you do get locked out.
765  Bitcoin / Hardware wallets / Re: Best Way to Save A BTC Receiving Address For Future Use? on: September 22, 2022, 10:42:38 PM
You could get your extended public key (xpub) and import it into electrum or another compatible software on your phone and computer for when you next need to pay into it: https://support.ledger.com/hc/en-us/articles/360011069619-Extended-public-key-xPub-?docs=true

You could try out mycelium otherwise too with just your phone for paying in, I use that with my trezor and it works (it just generates the 3 different types of addresses - not sure how ledger would manage that).
766  Economy / Service Discussion / Re: Accepting Bitcoin for a business on: September 22, 2022, 08:34:29 PM
I think most companies (that don't use payment processors) use their profits to hold crypto.

If you're not in that position have you worked out what's costing you the most? I don't think eth, ltc or doge fees are high but eth is? I'd stop accepting thst if I were you.

Also, try to send transactions with as low a fee as possible as much as you can (btc might confirm on Sundays at 1 sat/byte for example much better than it'll confirm during a Tuesday - that's something you can look at doing).

Holding funds in addresses users pay into shouldn't be problematic either from a security and privacy standpoint imo.

You could always add a bit onto the exchange rate too like a lot of payment providers do so you don't lose out on transaction fees (eg 1-5% might go unnoticed).
767  Bitcoin / Bitcoin Discussion / Re: Bahrain allows regulated crypto payment gateway. on: September 22, 2022, 08:23:59 PM
With such positive developments, i hope crypto winter will be over soon and Bitcoin will rise again to moon.
Ideally, you should include a link to news you post. Also, this single update is not going to turn the market around or take Bitcoin to the moon.

It'll take a lot of small moves for sure. Some news about acceptance isn't as bullish as you'd expect it to be on the shorter terms (combinations of these sorts of news are good). I think the issue is acceptance normally means the market might need higher levels of liquidity in order to cope with the pressure of it as well as acceptance not being the same as adoption (when stores started accepting cards, I doubt many people had one they could use or trusted the technology - that could be the same with bitcoin in these areas).
768  Bitcoin / Bitcoin Discussion / Re: Does anyone have the code to do a lightning channel probing? on: September 22, 2022, 06:05:30 PM
I'm not sure it's still possible to do, I thought an update a few months ago after it was revealed was made to ensure a balance of channels couldn't be determined (not sure if it's the same for old software or not considering how routing works).
769  Economy / Economics / Re: Congress Stock-Trade Tracking Funds NANC and KRUZ Are On Way on: September 22, 2022, 03:45:38 PM
Sounds like something to fuel manipulation.

The 45 day delay is certain something that can be problematic. A lot of stocks I've invested in (because they've dropped/gone up in volatility) tend to recover by at least half of their fall in the span of a month.

Companies might also expect lawmekers to try to invest at specific times (maybe this'll give them a way they can pump their stock too and make senators more suspicious of ventures).

I remember the memes that came out about the people countertrading popular news broadcasts on the stock market and this looks like it might become something similar (or there might be some sort of strategy that might be used - like mass shorting a certain stock/type when it gets released as being bought by a senator if there's a good pump from that).
770  Other / Meta / Re: A blog for BitcoinTalk on: September 21, 2022, 08:16:58 PM
It'd be a nice idea to have a emailed newsletter every month or so maybe, a Web based version could be a good addition too.

I'm around the forum quite a bit and don't think there's that much that goes on to be reported every two weeks. You'd have to be careful about not feeding trolls or giving them a platform too which might be hard.

Local languages could probably be included by asking someone if they'd help you translate posts from the popular sections or speak for them and give you a summary (especially mods) - but it might be something that could be arranged by the community for that section too and not included in the initial version - it could be placed on the local board itself then too.

771  Economy / Gambling discussion / Re: Twitch To Ban Gambling Streaming By October 18th. on: September 21, 2022, 06:42:31 PM
We all-know, stake is opening a site for US. But still, to get an approved from twitch "How the casino, can applied for that".s

There were in the news half a year ago for getting a license in the UK. I wonder how protections differ for gamblers between the US and UK - I thought they were both bad?

This should be interesting...

I wonder if they'll turn to YouTube or if there's another streaming service (tiktok perhaps)?

Either that or a company formally regulated in the US might just buy a few streams for itself or open up some - that seems like a good way to go about this unless it could be seen as negative press (but that could be spinned too).
772  Bitcoin / Bitcoin Discussion / Re: Bitcoin a top player in Libertarian Government on: September 21, 2022, 04:02:07 PM
Libertarianism is likely an ancient concept. I know one of the major parties in the UK was a libertarian one between 1700-1900 and I think the Roman empire started to adopt it as it was collapsing (or to enable expanding before it collapsed - like most empires have done since).

One of the main problems I see with it is that most of the powers libertarian governments give up are ones businesses gain the most power from or harness to try to get more power - rather than the people. Reducing regulations greatly benefits businesses than individuals because they have to do less testing to adhere to the regulations and normally don't pass this onto their customers - because they paid a higher price before. Other things like minimum wage and workers rights become a lot easier to exploit too.
773  Bitcoin / Development & Technical Discussion / Re: What's the best VPS for a crypto app? on: September 21, 2022, 03:46:42 PM
If you're running it as a hobby/or running an instance you're just using for testing then it probably doesn't matter. There's hosting providers like steadyturtle that used to advertise here that might be better equipped/happier with hosting crypto based applications.

If you're doing anything more serious (where your intake is going to be quite big) buy the server yourself to host it. Buy a domain name from someone reputable who has a low social engineering risk and get an ip from an ISP (if you're running a mixer this can be avoided if you're going to put it through tor but you might want a second line).
774  Economy / Economics / Re: US Economy Is a Safer Bet Than ‘Dire’ Europe, Goldman Strategists Say on: September 21, 2022, 03:32:28 PM
I think the US economy is growing because of speculators more than anything. Most companies in the US seem to be trying to aim for global reach while a lot in Europe are more interested in more local endeavours imo.

There's some larger tech firms in Europe though (like Spotify) but they seem to be more focused on one or two ideas than trying to invest in everything and grow monopolies.

I doubt the US has a tesco and a Co op which essentially tried to become monopolies imo (but failed  ecause they were competing with each other and caused extra competition from companies focused on their one or two companies).

Europe has banned the use of or run itself dry of the limited natural resources it already had.

Also, if you're looking to make an investment, you're likely competing against France and the Netherlands for stocks (they buy a lot of their own utilities and infrastructure and, in doing so, also buy their neighbouring countries infrastructure too - to not invest in and downgrade to service their own).

Companies that would be ibvestible seem too big and too risky. BP and Shell have business models that haven't been profitible for most of their lives. They've been extracting oil at a rate close to at cost for a moment like this when energy rates go high. They're also big and haven't been split up in a long time.



Rapid growth, stable growth and stability are different things, there'll be better places to invest than the US if you're not investing trillions of dollars.

As is often said here - there's almost a whole world outside of Europe and the US. That's only 1/7th of the population.
775  Bitcoin / Electrum / Re: Received Error When Installed Electrum on: September 21, 2022, 01:40:09 AM
Install the service packs and try again if they're not installed already. (your version on system in control panel will say Windows 7 service pack 1 if it has it installed).

https://support.microsoft.com/en-us/windows/install-windows-7-service-pack-1-sp1-b3da2c0f-cdb6-0572-8596-bab972897f61



You'd be best getting a version of Windows 10/11 or Linux for running things crypto related though while keeping your favourite operating system for things you don't mind having all the potential security vulnerabilities for.
776  Other / Meta / Re: Archival section moderation policy on: September 21, 2022, 01:35:12 AM
Have you checked your drafts?

bitcointalk.org/index.php?action=drafts

If it was posted recently it would probably be there (in your 50 last posts or edits afaik)
777  Other / Beginners & Help / Re: Need a practical instruction and advice about starting using BTC. on: September 20, 2022, 11:45:13 PM
Have I understood right?

Yes! Don't move forks before your btc because your btc is more valuable and the forked coins will still be there after you've moved the btc.

2. Then another question appears.
How a wallet corresponds with an address?
Private keys are inside wallets. It's a bit like having a wallet with cash in it, the wallet's a nice place to keep things tidy but it's not a necessity for spending - it makes it easier to spend though too, having everything in one place. You're not at risk of dropping a 20 into a grid while you're walking, or you're at less risk at least.

3. Why is it better just sending btc to new wallet rather than importing private key?
You're wanting to claim your forks so you must move your btc before you do that anyway for security reasons.

Secondly, sweeping keys is the safes way to go about importing them because you're going to end up losing your coins quite so easily. New wallets let you sweep keys into a private key that's represented by a seed or a nmemonic which greatly increases the chance of you having a backup. A seed is a long number, sometimes expressed as a nmemonic, but it's much harder to lose than private keys used to be.
778  Bitcoin / Bitcoin Discussion / Re: Gambling Companies and Bitcoin on: September 20, 2022, 11:31:44 PM
As far as I know most casinos and gambling sites operate in the legally gray area(probably slightly leaning more towards illegal) hence why they're still able to cater to users from all(or most countries). Heck, some of these sites don't even require any personal information and KYC at all; so even if your country banned that specific service, you can simply use a VPN/proxy.

They're legally gray operators in most of Europe.
The UK passed a law a few years ago banning foreign online casinos from onboarding their citizens without a license (I think it's mostly words as I haven't heard anything about it being used).

How they do it? I don't know. It may be something similar to what the crypto exchanges are allowed to do (they also accept both fiat and crypto for deposits and withdrawals), or it may be something similar to what pawn shops are allowed to do (accept anything they consider valuable).

Most European law is based on what the Romans had.
A lot of European law is based off what other countries around them are doing too.

You can be paid in anything in the UK that's accepted by the payee. OP gave a good example with gambling chips.
Legal tender in UK law is defined as what the courts will accept to be paid in, I'm fairly certain the courts are then able to convert that into a currency the claimant asks for it in, and if not the bank of England will because they have a legal obligation to convert legal tender without fees.
779  Alternate cryptocurrencies / Altcoin Discussion / Re: Basic beginner question: What happens to tokens you held when you withdraw... on: September 20, 2022, 11:16:55 PM
Whenever you do a trade, there's a taler and a maker for the transaction.

The tokens/coins just go to someone else if you exchange them for something else and that something else comes from them.

If it's a dex like uniswap, a similar thing happens but you're just interacting with a liquidity pool that takes your token and gives you a value for it at current rates.
780  Other / Beginners & Help / Re: Tips that could help crypto beginners. on: September 20, 2022, 11:13:57 PM
1. In bear markets, it's good to buy assets on a dca basis. In bulk markets, you'll erode wealth doing it.
2. No, invest only in something with a bright future (bitcoin) everyone's heard of bitcoin, no one's heard of 3000xshitcoin - they're not going to invest in it.
3. You're telling people to think in a way they're thinking and saying that's good? Set targets, achieve targets yes but why does this need to be said. Strategise with risk tolerances and work out the best ways to do things (don't take risks without reflecting on their implications, it's easy to do nothing but doing nothing can lose you money if you decide to do something about it later on or don't leave the sinking ship while the lifeboat is still within your grasp).
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