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8461  Other / Meta / Re: Should we post for members of guests? on: September 22, 2020, 02:05:28 PM
I'll add a bit to the previous post: unless they have some financial gains, few are interested indeed. And that's why I agree a FOMO run will bring fresh blood.
But I think that there's already an area that may be attracting fresh blood and I think that it's ignored (possibly because ChipMixer doesn't/didn't pay for posting there?) : altcoins. The DeFi mirage is bringing some new users already, I think (I may be wrong though).
8462  Alternate cryptocurrencies / Altcoin Discussion / Re: bloody market on: September 22, 2020, 06:31:17 AM
is the uniswap airdrop the reason for the bloody market as we can all see?? millions of dollars wer airdrops to over 80k ethereum addresses and more are still being given out for free..

Most probably not. And about those "millions", keep in mind that some won and many got burned already.


will the market pickup anytime soon?? is it safe to buy ethereum at this price.. ?? or I wait ??

There are a couple of rules in investing. I didn't invent them. You can follow them or not, your problem.
1. Invest only money you can afford to lose.
2. Keep in mind that crypto is high-volatility and high risk market.
3. Many say that 50% of your portfolio should be Bitcoin.
4. There's no best time to invest. But buying smaller amounts over longer period of time use to be a good strategy.

About buying ETH (or whatever) "rule" #4 gives you the answer. However, also keep #1-#3 in mind.

8463  Bitcoin / Hardware wallets / Re: Query Regarding Hardware Wallets on: September 22, 2020, 05:09:21 AM
So, apart from the (maybe) obvious/oblivious scams that mislead users. From a general usability perspective - Would you recommend Ledgers? or Trezors? And which particular models??

As I said, for every day use, a HW is a very good acquisition. Just I would not keep all the funds on the every day HW, especially if we talk about big money.
About a "particular model", I have a Ledger Nano S and I am happy with it. I wanted something cheap and good. I never had my hands on a Trezor, so I don't know if it's better, it's really up to everybody's taste (but from what I've read keep your choices only between Ledger and Trezor).
The biggest difference between Nano S and Nano X is that on Nano X you can install more apps, which makes sens only if you work with a big number of altcoins (which I don't).


Edit: if you get Ledger, I advise you don't use it with the ledger wallet app, which is quite crappy; just get Electrum (and verify it) and use it with your HW.
8464  Bitcoin / Hardware wallets / Re: Query Regarding Hardware Wallets on: September 21, 2020, 07:45:31 AM
but I have to hear yet about malicious wallets that fool Ledgers. Has there been any before?

There were quite a number of Ledger vulnerabilities published/fixed this year. Like this: https://cointelegraph.com/news/newly-discovered-ledger-wallet-vulnerability-could-be-disastrous-if-not-fully-patched

There's a malicious Chrome extension that still fools Ledger users.
There are complains here an there over the internet too https://www.reddit.com/r/ledgerwallet/comments/b5omei/funds_got_stolen_from_ledger_nano_s_this_is_no_fud/
Usually it's (correctly) said that it's the user fault since he didn't pay attention on what wallet he installed, so such cases don't get too much attention, but they do exist.

But we're starting to get off-topic... the whole point is that HODL funds better stay offline, not even in a HW. That's my opinion and you can clearly have a different one.
8465  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] GOLD - First 100% Liquid Stablecoin Backed by Gold on: September 21, 2020, 05:27:16 AM
I lick my gold coins from time to time just to be sure they are still mine.

Did you also bite them? I mean, how sure you can be it's not something else just (electrostatically) painted with gold? Don't you also rely on somebody else's word on it (the certificate's issuer)?


Once he invested in Gold related company he has invested in Gold but I don't think he will invest in BTC if the issue of the network is always the same whenever there's huge traffic and if he wants to invest in BTC he would have done so due to BTC market trend when there's total lockdown.

Maybe he will invest in a Bitcoin mining company, where the income rises exactly when the traffic increases.
Don't underestimate the "busy network" part of Bitcoin. Some do make big money off it and that makes it harder to make it "go away" for good.
8466  Bitcoin / Hardware wallets / Re: Query Regarding Hardware Wallets on: September 21, 2020, 05:15:45 AM
While maintaining large funds on an airgapped device and the rest on a HW is a good option as well, why would holding everything on the HW be a potential problem?

Because HWs are not perfect; because with the right malicious wallet, even HWs can be fooled and money lost.

I think the level of knowledge necessary in order to use both at the same time is much higher than simply using a HW

My point was to "feed" the HW from cold storage. That should happen very seldom - once per year or less. But yes, it needs higher level of knowledge (and I stated that one has to know what's he doing).

The chances of messing up with an airgapped Electrum are higher imo as soon as you don't have that much of an idea what you're really doing.

I've played a little with Tails OS and it was really simple for me. Electrum was there and I only had to make sure it's indeed offline.
Of course, I followed as good as I could Electrum's doc on cold storage.

I've been personally using my Ledger mostly and some paper wallets every now and then, but I trust my Ledger more than any other method of storage and never made even one little mistake through it.

The big question is: how you handle the paper wallets? I know stories of people losing their funds exactly while they were trying to fund their HW.

How reliable are HWs in terms of holding funds for long term (maybe 5-6 years into the future)? Like HDDs/thumb drives failing to start or get corrupted, do HWs have any similar issues???

That's something you really have nothing to worry about. You write the seed down to paper as instructed and the seed can work with most modern wallets. But I didn't read yet stories about HWs broken.
And if it will just "forget" your info, you can easily re-init from the written down seed.
8467  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] GOLD - First 100% Liquid Stablecoin Backed by Gold on: September 20, 2020, 03:34:12 PM
Warren is some kind old fashioned and i dont see him invest in Bitcoin.

I'd never say never. Afaik he didn't also invested in actual gold. And probably he will not invest in actual Bitcoin. But in the same way he invested in gold-related company, he may invest in some known Bitcoin related company. Just like that.

As I've seen written somewhere: he is usually invests in companies.

Of course, the news were beneficial for gold, I don't deny that and also I don't mind  Wink
8468  Bitcoin / Hardware wallets / Re: Query Regarding Hardware Wallets on: September 20, 2020, 03:26:34 PM
Imho hardware wallets are better for "every day use" than keeping life changing amounts on them.
So it depends on how much value is on those "few btc addresses with their private keys".

The funds OP doesn't need to spend in the near future can stay nice and easy where they are.
Also if there's a little more computer knowledge (for example to install a Tails OS USB and boot from it now and then with internet off), use of cold storage may also be a solution. But only if OP knows what he does.
8469  Bitcoin / Bitcoin Discussion / Re: Judge Orders Bitfinex to Turn Over Tether Loan Documents (Again) on: September 18, 2020, 03:04:01 PM
If Tether is accused of cheating again, this could be a shock, the market could be hit hard

Although the market may indeed react heavily, for many the fact Tether is cheating is known thing, not "a shock".
I actually hope this Tether "soap opera" comes to an end and only the properly backed stable coins remain on the market.
8470  Other / Meta / Re: Lower Bitcoin fees topic? on: September 18, 2020, 01:16:57 PM
I swear there was a thread dedicated to Lower Bitcoin fees and best time when you can send your bitcoins, but I just can't find it anywhere?
Can anyone help me and send link here?

Is it this one? https://bitcointalk.org/index.php?topic=5250569
And for the future: searches like this could help: week end fees site:bitcointalk.org
8471  Bitcoin / Bitcoin Discussion / Re: Should bitcoin be introduced into the educational sectors on: September 18, 2020, 12:58:37 PM
Funny thing is.... by the time when the education system decides to add this to their curriculum, Bitcoin would have to be added to "History" subjects.  Wink 

Almost correct. It actually depends on the country and the teachers.
In my case I remember that at the "Operating Systems" classes the teacher insisted more about long defunct things (punch cards' era) and at the end he said some quick words about Linux and MS DOS, while at another class we did Windows programming.

In more evolved education systems Bitcoin is already getting in slowly (there was at least 1 teacher coming in here for advises). And boy, there are enough things to discuss / teach / learn on this subject, from the underlying blockchain (and cryptography) to finances (finite supply coins), trading (including patterns), legislation, ...

As OP stated, most education systems may not be ready for this. But that won't take long. We are (still) in the information age after all, teachers can research easier for their classes and the newer generations will get more and more interested in this.
8472  Bitcoin / Bitcoin Discussion / Re: Why mixers? on: September 17, 2020, 01:15:29 PM
Good mixers will completely break the chain between inputs and outputs.

Doesn't this mean that somebody else will receive coins (from the mixer) from the "tainted" "source"?


Why are mixers legal? The only purpose I find on them is to money launder. They are literally useless if you don't have anything to hide.

You like people look into your pocket? Is the content of your bank account shown on your FB wall?
Do you use curtains at home? Is your door open?
You always have something to hide. I remember that at some point somebody came here asking for advice since he was threatened by somebody who knew him and who has seen how many bitcoins he (legally) owned.
8473  Bitcoin / Wallet software / Re: Does a smart wallet exist? on: September 17, 2020, 10:43:14 AM
1. I get notified for each transaction that occurs.
2. I get a transaction history to review what goes in and out of my wallet.

Does a smart wallet with these kinds of features exist?

Did you ever use ... Electrum? At least the desktop version does all this:
* it shows a balloon notification (on my Win10) if a transaction is sent
* the main view shows all the transactions

So what are you talking about?
8474  Other / Beginners & Help / Re: Brave add PhishFort to help prevent phishing attacks on their browsers. on: September 17, 2020, 09:11:04 AM
Although this could be a (weak) step to clear his name, Brave developer did plenty of crappy things lately so I advise everybody use (almost) any other browser (if it helps, I use FFox now).
He'll have to go through a long path of "good deeds" if he wants to "clear his name", I almost give Chrome a better chance.
8475  Economy / Services / Re: Luckybit Twitter campaign round 2 on: September 17, 2020, 08:49:06 AM
@yahoo62278 could you check why we still didn't receive payment for the week #4? If I'm not mistaken, it should have arrived at the beginning of this week.

I did receive the payment for week #4.
And afaik the rule is that if something is wrong you should PM yahoo62278 to ask LuckyBit team check  Wink
8476  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 17, 2020, 08:17:56 AM
If Apple and Microsoft announce a long term holding position in BTC

Along with Samsung ,AMD and Nvidia.

500k a coin could happen.

Something to dream about.

Grin you forgot to add Berkshire Hathaway
And I'm not sarcastic.
8477  Economy / Speculation / Re: COVID-19 Vaccine Will Cause Bitcoin Crash on: September 17, 2020, 07:34:41 AM
With that in mind, they need liquidity and turn their assets into cash. It will cause a crash once they liquidate their holdings for the buying of the vaccine.

1. I've read papers telling that vaccine is expected to be rather cheap. Under 20 EUR or maybe even under 10 EUR. And this is said by the farma companies.
This means that maybe it's expensive for governments, but not for individuals. Governments don't sell gold, they just print more paper.
2. Even if it'll be a "crash", it'll be a bear trap.
3. If the governments need even more money then the fiat will be diluted even more, so I expect gold, silver, bitcoin actually rise. Even the govts of the countries with stronger economies, if they want to get to strengthen their currency, they'll need time (good/stable/profitable working time) so I'm not worried of sudden crash.


Edit:  (I forgot to write) Most probably the vaccine will be flu-vaccine-like: you'll have to take one every now and then. I have more hopes in something like this than the currently developed vaccines.
8478  Economy / Exchanges / Re: Kraken Wins Bank Charter Approval on: September 17, 2020, 07:06:20 AM
In a world where (some) banks still do nasty things when people send or receive money from crypto exchanges, this is great news. Kraken being a bank, the other banks will have no longer reasons for their crap.
Of course, this open a new world of opportunities for Kraken, good for them.

With all the KYC rules, the exchanges were already pretty close to banking, so it's quite a natural step forward and probably other exchanges will do the same.
Then we can have proper cypto cards, then they can become payment processors (cypto->fiat, but also fiat->crypto!) and many other.

Of course, all this works under KYC...
8479  Bitcoin / Bitcoin Discussion / Re: Will bitcoin transaction fees be too high in the future? on: September 16, 2020, 02:12:51 PM
I expect the transaction fees become rather big.
But most probably the future will bring a big variety of off-chain transaction types and only bigger amounts will be moved on-chain, of which most will not have very big priority, hence more reasonable fees (especially considering the amounts transferred).
I hope I'm wrong, because if this will happen then we may have a bit too many types of KYC-tied custodian wallets too...
8480  Economy / Lending / Re: can you please help me? I'm looking for a loan. on: September 16, 2020, 02:07:36 PM
I want to get a loan

Since you didn't say a word about collateral, you seem to be asking for "a donation".
Sorry, nobody sane would give you such amounts of money just because you ask nicely.
Just think on this...
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