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7821  Bitcoin / Bitcoin Discussion / Re: Supposed to make me smarter, not dumber on: January 20, 2021, 09:07:57 AM
I am not sure what would you expect.
Bull run also means increased awareness. A lot of new people will then come here.

Some will promote low quality projects and plain scams.
Some will come asking the same questions over and over again.
Some will join bounties and will spam this forum and all possible social media for some extra cents.
Some will come to troll and spread FUD.

Unfortunately many people that come here have their own agenda and learning and being useful may not be part of that.

Isn't it like that everywhere on this world? And we aren't really searching for another planet because of this Grin
7822  Bitcoin / Bitcoin Discussion / Re: We Need Terminology Between Satoshi and Bitcoin! on: January 20, 2021, 07:36:56 AM
i now expect a pile of greyscale fangirls to start arguing my post showing off their desire to keep btc as an active measure

Actually the only valid point behind keeping BTC as main unit in discussions/display would be to avoid overly confusing the newbies/newcomers.
Changing to a smaller unit would now be welcome ("nice to have"), but after current bull run/bubble/cycle it may become necessary because of the price impact, no matter who is saying what.
Just I'd prefer to have some sort of agreement and in a quite short (previously decided) time frame the major exchanges, wallets, services "migrate" to the new unit, to help avoid confusion.
7823  Economy / Service Announcements / Re: WeSellCryptos is back! - Automatic PayPal purchase BTC/ETH. on: January 19, 2021, 05:25:04 PM
You're kidding me!  Someone please click on that link so I don't have to (lol, I'm paranoid). 

I think that I was using its brother weselldoge? Or was it this same website? It was once or twice to clear up some funds lying around on my PayPal.
But that link only goes to an image, nothing to be paranoid about. Just on the image the URL is not visible (what an advertising, lol!) and I don't remember if it was .com, .net, or whatever... hence I couldn't access it.
7824  Bitcoin / Press / Re: [2021-01-12] The Era of Government-Friendly Bitcoin Miners Is Here on: January 19, 2021, 08:35:53 AM
It certainly doesn't appeal to me, but to large corporate mining companies in North America? I wonder. It does bother me that these guys already supposedly control 8% of the hash rate. I really hope they crash and burn.

Are there so much hash rate in North America? I don't know. However, that 8% you're telling is already more than I expected.

I think that (unfortunately) tainted coins will have less pools at hand which at some point will start to translate at least into higher fees.
Not a great future, but yeah... Bitcoin was never great for illegal stuff.

What bothers me the most (too) is that they are starting an unwanted trend of discretionary picking of transactions. They say they'll filter out what they consider illegal, and normally that would not bother me (drug dealers and crooked politicians should burn in hell) but it's up to .. whom to decide which is illegal? Are they also the court and the judge in all this? That's not normal. That leads the way to filter out tomorrow coins from whatever exchange that doesn't join an union, or from China because.. China, then ... then ... then ...
7825  Bitcoin / Bitcoin Technical Support / Re: Wallet hacked - Funds lost on: January 19, 2021, 07:23:53 AM
For example, i've seen several people lose their funds because they stored their recovery seed in the cloud (dropbox, apple cloud, box.com,...).

That was meant to be the Scenario 1. But I agree, I could have explained it better.
Thank you for emphasizing and detailing that part.
7826  Bitcoin / Bitcoin Discussion / Re: I predict stricter regulations for bitcoin and the cryptospace for 2021-2024 on: January 19, 2021, 07:21:05 AM
That is an excellent news.

The more regulation governments push on the cryptocurrency market and the more strict they are, the more developers are going to work on decentralized solutions

That's correct.
Also the more the regulations, the more credible and accessible they make crypto for the average Joe (who will use regulated/centralized tools at first and maybe decentralized later).
This means that "Bitcoin is illegal money" narrative will not catch any longer and the masses will get to discover it.

So I cannot agree more. It's an excellent news.
7827  Bitcoin / Bitcoin Technical Support / Re: Wallet hacked - Funds lost on: January 19, 2021, 07:16:15 AM
Can someone explain how is this possible?

The wallet is only something that allows you see your coins and, most important, allows you spend the coins.
The coins are never in a wallet, they are on the blockchain.
Now, if one has got your private key (or the seed, based on what private keys are generated), he will re-create a wallet identical with yours and with no password protection and spend.

So the first thing to think about is where did you store the private key (or seed) and who had access to that.

Scenario 2. A malware from your computer can record screen and transfer files, allowing somebody have a copy of your wallet and your password too.

Scenario 3. A malicious wallet (usually a look-alike copy of a trusted wallet) will have all the functionalities and one more - send either your seed/private key, either your funds to the hacker.


So... think now what you did wrong and allowed somebody steal from you...
Sorry for your loses, I hope that they weren't too big.
7828  Bitcoin / Press / Re: [2021-01-12] The Era of Government-Friendly Bitcoin Miners Is Here on: January 19, 2021, 06:16:38 AM
It's an interesting direction. Not nice, however interesting.
But as long as whoever has miners can choose to go to that pool or the others, most would not care to join there if there's no financial incentive (lower fees than the others).
Also I expect some miners think that the process of picking the clean transactions my affect the pool speed and make them lose a block now and then.

At least for now I think that it won't get traction, at least not for this marketing alone.
7829  Economy / Exchanges / Re: Is Binance really that bad? on: January 19, 2021, 06:10:21 AM
I would find it weird to find a dozen scammers in a single article and nowhere else. What would they gain by posting on 99bitcoins but nowhere else?
There's almost only negative comments there, and I've been reading about their lending platform recently, which makes me curious.

I would not be surprised if it's only 1, maybe 2 people there making most of those comments and upvoting.
Maybe if you see it that way it makes more sense  Wink
At least that's what I expect to be there, I don't know for certain if I'm right or wrong...
7830  Bitcoin / Electrum / Re: Safest way to upgrade from 2.6.4 wallet on old offline machine? on: January 18, 2021, 05:20:28 PM
So if I'm installing on the airgapped Win10 machine, do I go through the restore-using-seed process to essentially replicate the Win7 wallet on that machine?

Exactly.
Just make sure you download from official website and verify, as I already wrote.
7831  Bitcoin / Electrum / Re: Safest way to upgrade from 2.6.4 wallet on old offline machine? on: January 18, 2021, 04:46:33 PM
Download the latest version of electrum on the aurgapped machine and restore it using your seed.

No! The airgapped machine should remain airgapped. Why on earth would he go online with that, for downloading and give others' a chance? No!

OP, download Electrum (electrum.org) onto the live machine, verify it, put it to an USB stick, move it to the airgapped machine, install it there.
Make sure you have the seed for the case something goes wrong. (making a backup of the .wallet file would also not hurt)

LE: if the upgrade doesn't work on Win7, do it on the airgapped Win10 machine.
Follow the steps from here for configuring the live machine too and make the transaction that will send your coins to hardware wallet.

PS. After moving the bitcoins to HW, you can handle the fork coins, see LoyceV's Bitcoin Fork claiming guide (and service)
7832  Local / Presa / [2021-01-14] Plata cu criptomonede direct la casa de marcat, disponibilă şi în.. on: January 18, 2021, 02:30:06 PM
Plata cu criptomonede direct la casa de marcat, disponibilă şi în magazinele din România

Sunt curios ce-o sa iasa si din asta...
Stirea nu numeste niciun magazin care sa accepte asemenea plati si este destul de ingrijorator ca bitcoin[dot]com este pe lista, adica unii dintre cei mai inversunati oponenti ai Bitcoin...

Oricum, tot e bine de stiut, zic eu...


O firmă IT împreună cu un procesator de plăţi lansează un serviciu de plată cu criptomonede direct la casa de marcat. Serviciul este disponibil în ma multe magazine, de la cele de proximitate la hypermarketuri şi se pot face plăţi cu Bitcoin (BTC), BitcoinCash (BCH), Ethereum (ETH), GoCrypto (GOC), Tezos (TEZ), Litecoin (LTC) sau Viberate(VIB).

Serviciul este lansat de Magister, în cooperare cu procesatorul de plăți GoCrypto. Procesatorul facilitează tranzacțiile cu criptomonedele: Bitcoin(BTC), BitcoinCash(BCH), Ethereum(ETH), GoCrypto(GOC), Tezos(TEZ), Litecoin(LTC), Viberate(VIB), în timp real, direct la casa de marcat, prin intermediul unei aplicații instalate petelefonul mobil al clienților, de tip cripto-portofel virtual. Portofelele acceptate sunt: Elly Wallet și Bitcoin.com Wallet.
7833  Other / Beginners & Help / Re: Trezor has detected a malicious wallet on Google Play. on: January 18, 2021, 02:10:12 PM
Just FYI, this fake wallet is also reported in List of fake wallets on Google Play (constantly updated, 17 active atm) topic (since yesterday).
7834  Bitcoin / Bitcoin Discussion / Re: Help regarding LOST Bitcoin....😳 on: January 18, 2021, 09:38:39 AM
Does anyone here know how to retrieve email files from aol? Just to reiterate, I do have access to the computers, and laptops.....

Try to look again on AOL, if you still have access, and look for Achive folder, the very old mails may be there.
Of course, you can also ask their support without mentioning Bitcoin, but if they get too curious and your info is not encrypted / password-protected they may help themselves...
Google about recovering old AOL mails.

Also one copy of those mails could be locally, but I don't know if, how and by what rules. Maybe it would not hurt to make a clone all those old computers' HDDs and keep one set of copies untouched, or at least not use for a while those HDDs. And of course, start digging for whatever could be useful - maybe wallet.dat files, maybe zip or rar files in case you archived them, pool info (slush?) and of course old mails saved in whatever form.

PS. If you talk about thousands of Bitcoin, I an surprised that you ignored them in 2014 and 2017...
7835  Bitcoin / Bitcoin Discussion / Re: Here's why I'm leaving Bitcoin on: January 18, 2021, 06:43:57 AM
I don't even own a single satoshi, and I intend to stay away from the cryptocurrency environment. At least for a while. Perhaps, when they return to being what they were created to be, it will be a good time to return.

The world is not ready for Bitcoin. Not yet. People are using it to exchange to fiat before buying goods and services, allowing middlemen earn big from this.
But with every "average Joe" leaving the ecosystem instead of insisting to use it right the things will not advance towards the right direction.
Of course, it's your choice and all we can do is respect it. But that cannot stop me from telling you "you are doing it wrong".

It just makes me wonder and hard to believe that Doe (in his poor situation) will consider bitcoin instead of using fiat currency where in you can easily use it without hassle of tapping your phone.

Indeed, the access to internet has its costs and if cards are not available, then internet is either not there, either expensive.
However, I think that not the truth of the story would be the main concern here, it's the conclusion behind it.
I mean, it doesn't matter the story is fake and OP doesn't actually leave.
What matters imho is that the main character of the story is felling instead of doing his part (big or small) in driving the things to the right direction.
7836  Economy / Exchanges / Re: Is Binance really that bad? on: January 18, 2021, 06:27:15 AM
I find it odd that I can't find more than a few such stories in other places.

Exactly. In a blog it's easier to make comments for one big reason: more comments to a blog post usually makes it go up in ranking for search engine results (even if for short time).
This means that blog owners are happy to see more and more comments and they also leave it easy to comment unverified.

Notice how almost all the comments are talking about Binance locking them out of their accounts and blocking them from getting their funds.
Is there any truth to it?

I'm surprised that as Legendary you are asking this, since I've seen it also here on the forum: many are trying to trick various services - gambling, faucets, name it - trying to gain some extra money and when they get caught they scream in as many places / threads they can that "the scam service has stolen their money". I don't know what they could have done wrong there or what went wrong, but without any proof.. I don't believe them.

I clearly won't say that Binance is the greatest. But until now I had no issues there that would cause me loss of money.
However, it's an excahnge company with unclear location of the HQ, so it's known that one should not trust too much money to such entities. Not your keys, not your coins.
7837  Economy / Service Discussion / Re: precious metal dealers who accept bitcoin? on: January 16, 2021, 09:24:12 PM
Although I didn't use their services, I've heard about Bullion Star selling and buying too for Bitcoin and also offering vault if you need it.
I've heard about them because a gold-pegged token is using their services.

Unfortunately I don't know their KYC policy ... but maybe since they're from Singapore they're more lax?
7838  Alternate cryptocurrencies / Altcoin Discussion / Re: No coin is stable all is just a deceit on: January 16, 2021, 09:07:43 PM
How about the world have real stable coin that even if fiat devalue, it will remain stable

Even the "entities" telling how much this or that fiat has lost in value this or that year may not always be correct (i.e. they come with later corrections) and possibly not always in sync.
Also afaik they usually don't come with this kind of numbers in real time (!). Of course, I am not much into this subject and may be very wrong...

However, I don't know if somebody would care to implement such a coin, especially as governments have no interest in such endeavors. All they care is that 1 USD = 1 USD, 1 EUR = 1 EUR and so on...
And if such a coin would be created, ... you'll have, again to trust the issuer  Grin
7839  Other / Meta / Re: Wall of fame / shame. Shit posts so bad that they are actually funny on: January 16, 2021, 08:58:25 PM
Bloomberg recently released a note announcing that the price of the Bitcoin cryptocurrency will reach $ 20,000 this year.  That people should not hope to invest in Bitcoin because this popular digital currency cryptocurrency will not grow significantly for the reasons detailed in its report. But now Bloomberg experts seem to have a completely different forecast with estimates.  Experts working on Goldman Sachs have done so, as they have published a new note claiming that the price of bitcoin will approach $ 20,000 this year.  "Bitcoin, which is currently the most popular, popular and well-known digital currency cryptocurrency in the world, will be able to experience significant growth this year according to its technical and fundamental characteristics," Bloomberg noted in the note.  In other words, according to this report, if Bitcoin follows the same trend in 2016, it will be able to grow twice as much.  And reach a value of about $ 20,000.

I love his forecasts that Bitcoin will grow to 20k this year... 2020.
I guess that it's a bot with badly set time.. or a time traveler from the past Smiley
7840  Alternate cryptocurrencies / Altcoin Discussion / Re: No coin is stable all is just a deceit on: January 16, 2021, 08:40:20 PM
But is the value of these stable coins truly stable?

How stable the stable coin is depends on the issuer and if you buy the stable coin you'll have to trust the issuer that will keep the value as close as possible to the "value" they claim to have it pegged to.
Especially USDT has a history of problems, of long periods of time the value was not even close to USD and the well known shady behavior on how much (if at all) of the huge amount of USDT is actually backed with real money (as it should).

So, it's all about the issuer and how honest the issuer is. After all, even the US dollar or the Euro are not stable over time...
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