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7721  Economy / Games and rounds / Re: [Vote 2020] Best Bitcointalk Interview on: December 03, 2020, 05:46:54 AM
There are many that I like, but I pick:

Code:
 CryptopreneurBrainboss 
7722  Economy / Services / Re: [OPEN] as.exchange Signature Campaign | Full Member+ earn up to 0.0026/week. on: December 02, 2020, 08:54:03 PM
Bitcointalk Username: Charles-Tim
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2776678
Rank: Sr. Member
Current posts: 943
Btc address: 3QYYkN3csgKVAQTuQvPAV7xEGa1JkFaDQU
Earned merits in the last 120 days: 357
7723  Other / Beginners & Help / Re: Australia’s crypto exchange, BTC Markets data breach on: December 02, 2020, 01:33:04 PM
That was a blunder error committed by that mails sender. They should as a matter of urgency notify their esteem customers to immediately implement 2fa in their account as there might be something big fishing under the exchange soon. Things like this shouldn't be handle with levity, becasue it may lead to a huge data breach when these information fall into the wrong hands. IMHO, the sender of these mails should be held responsible becasue he/she gave the room for the hackers to respond.
I just did not included it in the news to make my points clearer, the exchange take immediate action which although might not be sufficient enough.

Quote
BTC Markets said they will report the breach to the Office of the Australian Information Commissioner, conduct and internal review and step up the security measures around user’s details.

The company also advised its users to use two-factor authentication for their BTC Markets account to secure their accounts, and directly contacted all their users to inform them of the breach
https://www.businessinsider.com.au/btc-market-cryptocurrency-privacy-breach-2020-12
7724  Other / Beginners & Help / Australia’s crypto exchange, BTC Markets data breach on: December 02, 2020, 01:07:28 PM
Early on Tuesday morning, an Australian cryptocurrency exchange (BTC Markets) that bills itself as the largest in the country inadvertently exposed more than 270,000 of its members names and email addresses. BTC Markets issued a statement acknowledging that the company had breached the privacy of its customers and apologised for the situation. “Earlier today, an announcement from BTC Markets exposed client names and email addresses.

According to the BTC Markets, the company uses an external email system to send out updates to its customers. In the process of sending out correspondence, the company’s customers’ names and emails were included in the ‘to’ section of emails, rather than being blind carbon copied or individually addressed.

The privacy breach threatens the security of the BTC Markets user base. The exchange uses a user’s email address as their login. Further, anyone with a list of users could use that information to guide phishing attempts.

https://www.businessinsider.com.au/btc-market-cryptocurrency-privacy-breach-2020-12

Although, it was reported that the exchange was not affected but possibly this data breach might lead or might have led to phishing attacks or attempts on the exchange users, what about people that did not make use of 2fa? Their accounts are vulnerable at that moment. It is good to make use of 2fa which could have helped some people. But, the best advice is to never leave your funds/bitcoin on exchanges because they are not secure and safe by design.
7725  Economy / Lending / Re: Need a loan of 0.00073 BTC on: December 02, 2020, 12:26:56 PM
This just seem more of a scam. No reputation, no merit, negative trust and yet seeking for loan. No one can help you out. Clear your negative trust first, be at least a full member before requesting for loan here.
7726  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Youtube scams: Ongoing ADA and LTC fake giveaways on: December 01, 2020, 10:27:59 AM
And their target is people who're more stupid than them, either because they never experience got scammed or never learn from mistake.
For example, "Nigerian prince scam" (no offense for nigerian people) has been around for a decade, but even in 2019 it still rakes in over $700,000.
You are right, the people that are scammed behave stupid, but if we see it another way around, we may not blame them. People like easy to get profits and also what they do not work for but profit from it. Life does not work like that, I remember when I know about bitcoin, I looked online for how to earn bitcoin, pay-to-click site was one of them, I decided to work on one, from the ads that are displayed, was a bitcoin generator, in less than 10 seconds, it generated almost 0.005 btc and displayed a bitcoin address, that I should deposited 0.02 btc to claim the bitcoin generated. I still always remember that day if not because I had no bitcoin, I would have deposited it and expecting 0.005 btc not knowing it was a scam. What I noticed is that human are so ignorant of many things, even psychologically they are weak and decoy to those scam because they do not have the knowledge and experience. I blame more to our governments, they need to find ways thy are educating us to also educate people how scam is real and how to avoid. Afaik, governments are not trying in any way than to deprived people of their privacy and makes them more exposed to centralized bodies like Google, YouTube and social media, and in one or more ways be scammed. Humans needs education, forums like Bitcointalk can help but how many people are visiting the forum if compared to all the whole world, but I am very certain anyone in this forum can not fall for such scammers because even without being a victim, we have the knowledge than can not let us got scammed.
7727  Economy / Speculation / Re: What's next for Bitcoin? on: November 30, 2020, 09:30:36 PM
Sometimes patience is key.  In 2017 and early 2018 when my BTC fell to almost 3K I was frozen in fear as to the best move for my future.  I elected to HOLD because it has worked for me the past 8-10 years.  Today I am about the happiest man alive with my decision.
Bitcoin is proven itself as real deflationary money, holders can not lose over a long period of time, if they think they are losing, the price will rise again, all needed is patience.
7728  Economy / Speculation / Re: What's next for Bitcoin? on: November 30, 2020, 09:09:20 PM
Although bitcoin has been able to reach all-time-high today according to report on crypto news, but this has only been if compared to dollar. But, people holding bitcoin in 2017 when the price was at $19,891.99, according to coinbase’s price index have not actually recovered back their funds in value. U.S. dollar holders lose approximately 2% of their purchasing power per year on average from inflation. Official data reveals 2.13% inflation in 2017, 2.49% in 2018, 1.76% in 2019 and 1.86% in 2020. “If you bought Bitcoin at the top in December 2017, you won’t truly recover your buying power until bitcoin hit $21,131.02. The real all time high in value will be achieved at this later price if dollar inflation is included. I believe $21,131.02 will be achieved soon to let people realize that bitcoin is an appreciative asset, that people holding it will certainly have nothing to lose but gain.

https://cointelegraph.com/news/will-money-printer-go-brrr-rob-bitcoin-of-its-all-time-high
7729  Economy / Economics / Bitcoin and gold price inflation adjusting all-time-high on: November 30, 2020, 08:49:42 PM
I think you will find this interesting. Normally the price of bitcoin and gold are displayed in USdollars while this could make use not to know the real worth of an asset because US dollar is fiat and subjected to US government controlling the price. Although, US dollar is a very strong currency, but in the past, it has been subjected to depreciation, fiats are just depreciative currency.

Gold reached a price of $678 U.S. dollars in 1980, according to a breakdown from Visual Capitalist. Accounting for inflation, based on calculations from Officialdata.org, $678 in 1980 held the same buying power as approximately $2,142 in 2020. The precious metal technically broke its U.S. dollar all-time high this year, hitting $2,075, according to TradingView data. Its 1980 record purchasing power level remains unbroken, however. Since its push to $2,075 in August, gold has retraced in price, sitting near $1,778 per ounce at the time of publication.

Bitcoin hit its last all-time price high in 2017, tagging $19,891.99, according to Coinbase’s price index. Accounting for inflation, Bitcoin’s record high stands at $21,131.02 in terms of value, Officialdata.org indicates. U.S. dollar holders lose approximately 2% of their purchasing power per year on average from inflation. Official data reveals 2.13% inflation in 2017, 2.49% in 2018, 1.76% in 2019 and 1.86% in 2020. “If you bought #Bitcoin at the top in December 2017, you won’t truly recover your buying power until we hit 21.24k,” podcaster Vlad Costea said in a tweet on Tuesday. Costea used $20,000 as Bitcoin’s high, putting the numbers and dates into an inflation calculator to determine the most accurate figures.

Taking U.S. dollar devaluation into account, gold has still not reached the all-time price high it set in 1980.
https://cointelegraph.com/news/gold-and-bitcoin-eye-inflation-adjusted-all-time-highs-but-it-s-taken-gold-40-years
https://cointelegraph.com/news/will-money-printer-go-brrr-rob-bitcoin-of-its-all-time-high

We should be able to differentiate between all-time-high in price of assets which is usually in US dollar and the real all-time-high in value. Gold was able to reach all-time-high in price if compared to UD dollar this year, but in real value, gold has not reached all-time-high since 1980. While bitcoin in just three years reached all-time-high today in price in US dollar but not yet reached all-time-high in real value as it needs to get to a price of $21,131.02 as a result of US dollar inflation too, but very possible this will only be achievable in just less than three years.
7730  Bitcoin / Bitcoin Discussion / Re: How to safely store your private keys? on: November 30, 2020, 08:24:25 PM
Do you know that theives do not most of the time come to someone's house to steal his money, they have informants that inform them that their is money in the house, this can be known during the process of collecting the money and taking it along to your house. There are many cases the thives will not know where you put the money, but will pressure you to tell them the truth that they know everything about the money and how it got to the house. I am talking about fiat that can draw theives attention to someone.

Bitcoin is different, if you are able to have your privacy online and able to securely save your seed phrase, I think you are good. That is why it can be dangerous for kyc and for people to know you have bitcoin, but if they do not know you have bitcoin and you are maintaining your privacy, your seed phrase can still be properly save at your home and be safe from attackers because they do not link any bitcoin to you not to talk of coming to your house pressuring you to give them seed phrase or private key.

But, how about them finding out while checking your phone or other device? I think that should also be addressed. But as of recent, I have found many people that said theives came to their house, stole phone, laptops and many other devices but left hardware wallet because they do not know what it is. Those kind of theives do not require for phone or device password than to steal it and format it to sell it to another person.  Which means the seed phrase is good if properly saved, he will just have to input it on another wallet and recover his bitcoin as the thives only go away with the phone and format it if you use password probided.. But, I do not know of later, maybe the thives will be smarter.
7731  Other / Beginners & Help / Re: Help Me About [Merit] on: November 30, 2020, 01:16:17 PM
It is almost a year on this forum and asking about how to earn merits, you need to have the kind of zeal that can earn you merits. Learn about bitcoin and others, checking how people are getting merit by check their merited posts and how they are making their contents they are posting, be hardworking, optimistic and believe in yourself, research and make good topics. I believe you are not just new, know that merit source, and many other members will know your account by your quality contributions, there will be a time they will just have to merit you if you start contributing quality posts that are helpful.
7732  Economy / Gambling discussion / Re: I want to know about this game. on: November 30, 2020, 01:08:37 PM
This is new and only still support ether, according to video, the game is cool and everything about won are recorded on the ethereum blockchain directly, I like it like that. I hope gambling sites will support this too, in a way we can also make use of bitcoin directly to make bet with this kind of new game, and winnings to be recorded directly on the blockchain.
7733  Economy / Gambling discussion / Re: Multi bets vs single bets on: November 30, 2020, 09:07:45 AM
That's a good question, In my humble opinion, multiple bets are more risky than single bets.
The possibilities are combined and the gains / wins are more serious.
Single bets, on the other hand, may yield more wins due to the odds.
Yes, normally, multiple bet are riskier than single bets, but there is fun in multiple bets. Bettors play single bet with high amount of money while reducing the amount if staking for multiple bets because they know the chance not to win the games is higher. The best is for someone not to be an addict, he can go for multiple or single bet, but reducing the betting amount while going for multiple.
7734  Economy / Gambling discussion / Re: Premier League Prediction Thread 2020/2021 on: November 30, 2020, 08:58:46 AM
The game between Chelsea and Tottenham was boring but in the end Mourinho achivied what he wanted to be in the top of the standings.With this kind of games though he is far from winning the title as this scheme does not always function.Arsenal losing to Wolves is something I consider as a surprise result as I thought the worst Arsenal could perform would be a draw at home.
With Tottenham being away, I consider it a nice play for them, and being at the top of the league is really awesome, but they do not use to last long at the top, but with the coach they have presently, let us see what will happen.

About Arsenal, it is not a surprise for me to see them lost home match to a weaker team, Wolverhampton Wanderers. Arsenal has been playing this kind of game often than for me to surprise.
7735  Other / Beginners & Help / Using bitcoin false information by scammers to scam with fake tokens on: November 29, 2020, 08:47:09 PM
Many scammers could  now possibly taking advantage of using false bitcoin information to scam people that do not know about bitcoin very well, according to the one I read recently, it is about scammers luring people to buy bitcoin shares. Please, can bitcoin shares be bought? No, we can not buy shares in bitcoin. Bitcoin is not owned by any company, it is completely decentralized but scammers know many people do not know about bitcoin very well and will not make any research but invest and be scammed.

One such new tactic implies that investors can buy or own shares in Bitcoin itself, as if it was a corporation. This tactic is for example part of an elaborate plot used by individuals behind an operation called Bitcoin Inc, to con ignorant investors into mistaking the operation for “the real Bitcoin”.



In a presentation, the shareholders of “Bitcoin Inc” depict bitcoin as the creation of a privately owned company that came into existence around the year 2010. The timing of Bitcoin Inc’s emergence appears to give the impression that the organisation is likely behind the issuance of bitcoin itself. According to information on the site, there is a “21 million BTC maximum limit and 1000 Bitcoin Inc full corporate shares maximum limit.” One full corporate share is “equivalent” to 10 BTC.

Now in order to entice ignorant investors, the website implies that anyone who bought and has held on to one full corporate share since 2010, now has an investment portfolio valued at $210,000. This is because BTC has since risen from the price of $0.10 when the full corporate shares were supposedly issued in 2010.

Using a very incoherent explanation, Bitcoin Inc assures investors who missed out in 2010 that they can now make amends by “holding any amount of USDCX in investors cryptocurrency wallet.” To do this, the website then goes for the kill. An investor simply has to transfer USDC stablecoins equivalent to the USDCX “fractional shares” they want to buy to an ethereum contract address, but there is a caveat. But nothing stops the scammer from doing the same thing again with another Bitcoin-like website and domain, such as “Bitcoin Ltd.”

https://news.bitcoin.com/no-you-cant-buy-shares-in-bitcoin/

People needs to be careful, knowing what bitcoin is all about very well to not be a scam victim by people that take advantage of ignorant people.
7736  Economy / Gambling discussion / Re: Premier League Prediction Thread 2020/2021 on: November 29, 2020, 07:21:58 PM
it remains a miracle how United managed to win this. in the time of Rooney they did this sometimes, but that was also a different team. It should not be possible for them to come back 2-0. Nice that they have still won.
There is nothing impossible in football, I do not believe in a match until the match is finished, especially if a weak team is playing against a strong team and wining, the match even if otherwise, it can still change, game can change at any time. As Bruno Fernandes scored the first goal for Man City in the second halvesz, I believe they could recovered but not knowing they could still won which was a joyful surprise for me.
7737  Economy / Gambling discussion / Re: France's gambling recovers on: November 29, 2020, 07:14:22 PM
Online gambling are really helping the gambling companies, even some events were still available and accessible on the internet for betting purposes during the pandemic. I think this will not be only france but many parts of the world as things are becoming back to normal. With time, the gambling industry will like before and also grow higher. But as people will continue to gamble, they need not to be addicted and also be using what they can afford to lose.
7738  Bitcoin / Bitcoin Discussion / Re: who are those real rich elite who invest in bitcoin ? on: November 29, 2020, 07:06:12 PM
Bitcoin addressee are used for making transactions, the addresses can be tracked but it can not be linked to he owners if the owners are making use of bitcoin as a privacy coin without making use of custodial and kyc means for dealing with bitcoin. People like to be private when dealing with bitcoin, so you can not link many bitcoin address to their owner as they are pseudonymous.

But recently, there are many institutions that are buying bitcoin, institutions like grayscale and PayPal.
7739  Economy / Economics / Re: bitcoin are good and not USDT what else? on: November 29, 2020, 05:29:00 PM
I did not get your point. Did you mean saving USDt in bank? Or holding dollar?

Just know that dollar will still in one way or the other be subjected to fiat devaluation/depreciation by the central body (US government). That will be the reason I will not also make use of USDt or any other stable coin because their prices assumes the price of US dollar.

Unlike bitcoin which is a deflationary currerency. When its price surpass all time high will be when you will realize. Bitcoin price will increase and decrease, but over long time period bitcoin price will have a net increase because it is just a deflationary money that is not subjected to central control and only 21 million will be in total circulation.
7740  Other / Beginners & Help / Re: Social Media Comment with link investment on: November 29, 2020, 01:48:59 PM
Central bodies like governments are not taking appropriate steps to reduce scam, they only like to make sure they compromise privacy, saying they are helping people to protect it. This gone far they left big companies like Google, social media and other centrally regulated platforms to operate in a way they are not designed safe for people and being hackers save saven to look for victims. People too are just not ready to have privacy, some people do not even know there is anything called privacy but making use of the internet the way they like.

Some people like to invest on what they do not know about, especially if promising high yield return. People need to realize that their is no easy way in life especially if people they do not know very well to be introducing them to a business. Even if they know the person very well, they need to make their own researches about any business they want to invest in.

How did the victim know about the business? It will surely be through social media.  If the person deposited the money, he is a scam victim again.
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