Do you think Luna can still recover from this price menace? Only if people are stupid enough to fall for it again. if you think it will not recover, what is your advice to the investors? Don't invest in throw money at BS that's only created to make the creator rich. That includes: Altcoins, ICOs, Forkcoins, "stable" coins, Defis and NFTs
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The fact that a lot of BTC are now out of hands of these shitcoin manipulators is the only conforting thing from this crisis. Are you sure about that? Altcoins, ICOs, Forkcoins, "stable" coins, Defis and NFTs are created for only one reason: make the creator rich. So gullible greedy people lost their money, and the manipulators must have earned a shitload. They'll abandon the drained project and come up with something new. I can't wait to see what the next money grabbing hype is.
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I see there's a hidden hyperlink on his post. Use Report to moderator. In this case, because there's only one post with a spam link, I typed: Hidden spam link. For others, I've used: Spambot. Hidden link in this post, more spam in other posts. I'm only reporting this one: please Nuke! Or: Spambot (hidden link). Nuke please. That's hidden hyperlink isn't harm anyone The harm is done by spambots that create many accounts to spam useless posts for backlinks. The main reason why I proposed this because I've seen so many people trapped into phishing sites I don't see how this can easily be abused for phishing. That's much easier by using a fake visible link: google.com. There was a time when every HTML link in the internet was blue underlined. Those were the days ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Most sites remove it because it looks better without all the bling.
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I think it is done to save server space. It's because ninja-edits are assumed to by fixing typos. It's not important enough to store.
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Was hoping any site staff or admin atleast replied. My assumption is that Admin reads (most of) the suggestions in Meta, but doesn't have the time to implement the majority. A detailed response is rare.
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Will copy/pasting the known good data directory to the corrupted one solve the corruption problem? Is it as simple as re-booting and starting fresh with the one exception that the new program will have to re-build to the current height? Yes. That's how any backup works. It's probably best to shut down Bitcoin Core before you start making your backup, you shouldn't copy it while it's being written to. In spite of having a UPS and an AC/DC inverter for the house, I am now on IBD #3 How did that happen? For what it's worth: I prefer a laptop over the hassle of getting a UPS. a. Copy/paste or delete old and replace new? When restoring a backup, I wouldn't want to keep incomplete newer block files while restoring older files. If you have enough disk space, you can rename the damaged directory before restoring your backup. If you need it again, at least you still have it. b. Ditto EXCEPT do this only with the blocks subfolder? If your wallet isn't corrupted, you shouldn't replace it. Your backup won't have the latest transaction Labels. the data increasing roughly every ten minutes, you would need to do a backup frequently If you're a month behind, you'll only need to sync a few GB. If that's acceptable, you don't need very frequent backups. I’m most interested in finding out if a complete backup and restore is possible. I only backup data I can't reproduce. That's my wallet.dat. Any other data I'll just download again if I have to. It would be a different story if I'd have a bandwidth limit.
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I don't think think that's appropriate feedback. First, your reference link is off-topic (kuddos for proper use of the Anchor though). Someone's opinion on address reuse doesn't warrant negative feedback. See: The system is for handling trade risk, not for flagging people for good/bad posts/personalities/ideas. cryptocoinex is a bad person.Generally, don't reuse addresses. Nothing to hide (and you can`t find any information other than i have couple of bitcoins since 2014 on multiple address). Nothing illegal done with them. You, personally, are scum worse than a criminal. You are a cancer to Bitcoin, cryptocurrency, and all that is good in this world. You are the reason why decent people have no privacy, while criminals enjoy as much privacy as they want. You are a mouthpiece spewing poisonous propaganda to benefit the worst criminals on Earth. How did you go from cryptocoinex saying he has nothing to hide to the worst criminals benefiting from him? Many people (including myself) have posted different addresses on Bitcointalk, that's okay. Many people say they have nothing to hide, which I'm sure is incorrect. Everyone has things they prefer to keep private. Don't take it too literal.
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Ok ok, I really feel like a newbie now ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) You should ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) I'm surprised there are still people owning (almost) a full Bitcoin without knowing how it works. Short version: think of it as banknotes: you give a 100 dollar banknote to pay 70, and you get back 30. If so, is it normal that my transaction is unconfirmed (it was 1 hour and 40 minutes ago) and do I just have to wait ? At 10 sat/byte: yes. Someone made a lot of transactions at slightly higher fee than yours.
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Hold On Please! 55%+ Down is already huge for me!
My family won't trust me anymore. Why? Did you tell them to invest without telling them about the risks?
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just pisses me off how hard it seems to be to get a VCC nowadays without whoring out your identity info. I called it more than a month ago: I find it hard to believe banks do business with anonymous entities. That goes for both the website as well as the card buyers. Banks get into trouble if they issue cards without knowing who uses them.
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This has been a while: ![Image loading...](https://ip.bitcointalk.org/?u=https%3A%2F%2Floyce.club%2Fother%2Ffees2.png&t=663&c=XuxHT8sSI-BSkw) Bitcoin's price drop may have triggered some panic selling: that was about 100 vMB in transactions at 10 sat/vbyte.
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One hundred and sixty-fourth week paid. Thanks again for your flawless timing! My timing is off by 2220000000000 nanoseconds ![Sad](https://bitcointalk.org/Smileys/default/sad.gif)
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While Bitcoin took two short dips (one a bit more substantial) under 30K due to the Terra/Luna fiasco, it was hit much less than I expected, taking into account that >50.000 BTC seem to have been sold by LFG alone (correct me if I'm wrong). But now Bitcoin's again at the same price level than before the issue. Where did those Bitcoins they sold come from? I guess from people who were hoping to make a profit by "investing" in their shitcoin? How come so many people are still so gullible/greedy after all those years of ICO scams and premined shitcoins?
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can we consider what happened to be price manipulation? According to this post, someone earned hundreds of millions of dollars from shorting by manipulating UST and it's "backing". I don't know if it's true. Who thought this was a good idea? I honestly did. We have many reserves to “scare” attackers trying to depeg the stable coin. But I underestimated human greed: if there is a profit easy to be made, someone will inevitably try to yield that. So, this mechanism was challenged and failed miserably. It's not only caused by greed, from what I understand the mechanism could only work if Bitcoin's value went up. Say you have $10, and you buy Bitcoin to guarantee your made-up stable coin keeps it's value. If Bitcoin goes to $100, you have $90 to spare (and potential profit), but the moment Bitcoin drops, you're short on money. You could improve this by buying $20 in Bitcoin to guarantee the stability of $10 in your stable coin, but if Bitcoin drops more than 50%, you're short on money again. You could go further and keep $100 in Bitcoin to guarantee $10 worth of stable coins, so that you can handle a 90% drop in price, but that would mean you'll be forced to sell 90% of your Bitcoin just to keep $10 worth of stable coins alive. I can't think of any logical way for this to work. Now if it goes back to $1 levels, this is a $150 profit. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I hope that happens quickly. This actually makes me consider shorting it: there's an upper limit to the risk, but it's quite likely to drop to nothing, which would give a decent profit.
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Is that not one of the methods that BCash and previous "Fork" attackers tried with the voting system, during the fork wars? (Running a bunch of nodes on Virtual Cloud servers) Wasn't the voting (signaling) done by miners in the blocks they mined? Adding nodes won't help for that, and adding miners is very expensive.
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For those, Who is still trying to figure out what's happening in the market: LFG initially removes $150 million in liquidity in anticipation of 4pool. The liquidity pull happens on May 8. At the same time, the attacker uses $350 million of UST to drain the Curve liquidity. This starts de-pegging the UST pushing it down to $0.97.
Later, the Luna Foundation Guard (LFG) also starts selling its Bitcoin from reserves to protect the peg. This puts downward pressure on Bitcoin. Now with the Curve liquidity drained, the attacker starts offloading the remainder of $650 million from the $1 billion OTC UST position, on Binance.
Now with strong UST liquidations, LUNA price starts to collapse because of Terra’s algorithmic mechanism. Over the last month, the Bitcoin price has dropped from $42K to now at $32K $30K.
Now if the attacker might have covered his/her 100K BTC short positions at $32K, they would have made over $950 million. Of course, the attacker would have made some losses on the UST dump, however, that would be very minor.Source: https://coingape.com/heres-how-the-attacker-possibly-made-over-800-million-in-a-coordinated-attack-on-ust/And nobody involved at some moment thought it might be a bad idea to create a "stable" coin backed by something that will drop if you sell a lot to keep the value up?
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Given that some details are strikingly similar, maybe Dave should be contacted to find out if his old service affiliated with the new service. I'm pretty sure it's just a spammer pretending to be affiliated. If Dave wanted to share his business relations, he could easily just post it on his own website. I usually report wallet recovery spam when I see it.
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My life experience has tought me that nobody on the internet wants to help you with anything, not for a charity or business purpose. On the other hand, many people on the internet want to help you with information. The tricky part is filtering out the scammers from the honest information.
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I know; I'm honest, I haven't thought through all the probabilities yet, but it feels wrong somehow. Like, those 2-bit throws are 2x as likely as the 1-bit throws, so it should be all fine, but to fully trust this technique, I'd either need to write it out To me, this feels perfectly fine and logical ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) If you roll a dice, the first bit is either a 0 or a 1, and both have 50% chance. The same for the second bit. It doesn't matter if the bits from from 1-4 or from 5-6. I can extrapolate from there ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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That's how people use dice rolls for deducing a seed? They handle it differently based on the number they get? Then the formula from BlackHatCoiner makes sense, but it seems like a questionable way to create a seed. At that point just toss a coin or just use the dice as a 50/50 randomness; 0 bit for even and 1 for odd number on top. A dice is slightly faster than a coin, because it produces 2 bits most of the time.
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