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8761  Local / Pilipinas / Re: Philippines Central Bank Considers Issuing Its Own Digital Currency. on: July 30, 2020, 05:17:29 PM
Kung hindi ako nagkakamali, Petro was issued out of desperation para makawala sa mga international sanctions kaya na-devalue ng sobra yung fiat currency nila. Hindi nila talaga napaghandaan yan.

Mukhang wala naman ganung factor dito sa atin and BSP is also taking their time.

Yeap, so far very unlikely for something bad to happen dahil so far mejo goodss parin ang Philippine Peso, pero I wouldn't underestimate the PH government(and the central bank) in terms of their capability to fuck up.  Grin Of course, hoping for the best.
8762  Other / Beginners & Help / Re: Privacy for bitcoin transactions on: July 30, 2020, 05:15:29 PM
Turning JavaScript (press the shield in the upper-right corner of the browser and modify security level to Safest) off is even better. It does mess up with most websites though.

It sure does with most. Tried this with both Blockchain.com and Blockstream.info and fortunately both works completely fine. A bit worse of a UI effect on Blockchain.com, but everything is still comprehensible. QR code isn't showing up on Blockchain.com though.
8763  Other / Beginners & Help / Re: Ledger Security Notice-Ecommerce and Marketing data have been exposed-Funds Ok on: July 30, 2020, 04:11:13 PM
I think government could not do harm to their community wether holding crypto or not.

You'd be surprised what a certain country's government would do just to get what they want. Probably safe for now since most countries are pretty chill with bitcoin and cryptocurrencies in general, but wait til some of them enforces strict rules.
8764  Other / Beginners & Help / Re: Ledger Security Notice-Ecommerce and Marketing data have been exposed-Funds Ok on: July 30, 2020, 09:23:16 AM
I'm so sure ledger users will be getting extremely paranoid atm, i also want to add that should the hackers sell this data to people who can actually do physical damage, it will be carried out many months from now, not at this time the issue is still 'hot topic', so those 'breached' users should up their guard, not just for the meantime, but for many months to come

Sure it's really likely that the database wouldn't be given to some criminals(or publicly leaked) today or tomorrow, but yea this is something people shouldn't set aside for the meantime and deal with it in the future instead; which I assume people are doing.

Anyway, this shouldn't solely be a $5 wrench issue. The data being publicly available also means the government is going to know which people actually poses bitcoin and cryptocurrencies; which is also definitely a bad thing.
8765  Other / Beginners & Help / Re: Ledger Security Notice-Ecommerce and Marketing data have been exposed-Funds Ok on: July 30, 2020, 08:28:27 AM
Ladies and gentlemen, if you have have been a customer of Ledger and you got their products delivered in your home, now might be the perfect time for you to learn about $5 wrench attacks.


8766  Other / Beginners & Help / Re: Privacy for bitcoin transactions on: July 30, 2020, 08:18:04 AM
Word of advice, if you're going to use block explorers, at the very least at least use Tor browser when doing so for better privacy. Not sure if blockchain.com works well on Tor(I assume there would be a crap ton of traffic lights and buses involved), but Blockstream's explorer does work well on Tor.
How can you be safe on TOR against hackers especially with bitcoin transaction?

It's not for security per se, but privacy. There's a huge difference between both. You should run things through Tor just so a certain bitcoin address or tx can't be tied to your home IP address by these block explorer websites.

Take a look at pooya87's reply.
8767  Bitcoin / Bitcoin Discussion / Re: CFTC Chair: ‘A Large Part’ of Financial System Could End Up in Blockchain Format on: July 30, 2020, 06:28:11 AM
Wait til they realize that using a blockchain for something centralized makes zero sense at all and is pretty much counter-intuitive. They might as well just use a typical SQL database; at least they won't be needing to deal with mempool congestion and such.
8768  Other / Beginners & Help / Re: Privacy for bitcoin transactions on: July 30, 2020, 06:07:00 AM
Word of advice, if you're going to use block explorers, at the very least at least use Tor browser when doing so for better privacy. Not sure if blockchain.com works well on Tor(I assume there would be a crap ton of traffic lights and buses involved), but Blockstream's explorer does work well on Tor.
8769  Local / Pilipinas / Re: Philippines Central Bank Considers Issuing Its Own Digital Currency. on: July 30, 2020, 05:55:27 AM
Makes me really skeptical knowing what happened to Venezuela's Petro-Dollar[1]. If they went ahead with this, hopefully they're going to do it with good intentions in mind.


[1] https://news.bitcoin.com/petro-dollar-system-crumbles-us-dollar-could-collapse-from-the-worlds-oil-wars/
8770  Bitcoin / Bitcoin Discussion / Re: What am I missing? Is there Blockchain/Mempool congestion that we are not seeing on: July 30, 2020, 03:34:23 AM
Idunno, it seems like people moving in and out of exchanges have calmed down already. In the past few days though, especially when bitcoin first reached 11k levels again, there definitely was congestion. I had to pay like 180 sats/b to get the transaction accepted within the next few blocks.
8771  Economy / Trading Discussion / Re: Recommended Trading Bot. on: July 29, 2020, 03:30:04 PM
It says " This project is not maintained anymore. " do you recommend one using a trading bot which is no longer maintain, if so let me know.

Also I will love to know of other trading bots which are good as well.

Yep, but it's open source so you can tinker it to your liking if you know how to.

P.S. If you're looking for a trading bot that you're literally just going to turn on and that it will simply make you money non-stop, then such thing doesn't exist. There are existing trading bots that do all the trading for you, but in the end, it's highly likely that you will be losing money.
8772  Other / Beginners & Help / Re: BULL RUN on: July 29, 2020, 03:26:40 PM
Supply and demand. More bitcoin are being bought than being sold on exchanges, and the sell orders below the current price got eaten up by buyers, hence why the mid-price(best bid + best ask / 2) increased.
8773  Economy / Speculation / Re: BTC up 42% year to date while Gold did good at 28%. Will it carry on? on: July 29, 2020, 01:34:35 PM
not trying to be impolite, but you do realize that you are criticizing someone who posts about bitcoin speculation in the speculation subforum of a bitcoin forum?

This thread was previously in the Bitcoin Discussion section. I reported this topic and requested a mod/admin to move it to the proper section.
8774  Economy / Trading Discussion / Re: Recommended Trading Bot. on: July 29, 2020, 09:31:59 AM
If you're a beginner: No, I don't think trading bots are really recommended at all. Probably try focusing on your manual trades first.

If your an advanced user: Open-source trading bots such as Gekko[1] exist, whereas you can freely configure the software and implement in your strategies and indicators.


[1] https://gekko.wizb.it/
8775  Local / Others (Pilipinas) / Re: Mga Komunidad na kinabibilangan ng mga Bitcointalk Members on: July 29, 2020, 06:22:16 AM
Onti lang din kasi gumagamit ng Discord sa mga Pinoy madalas lang ito sa mga users na may constant and fast internet connection,
Why so? As far as I know hindi naman malakas kumain ng bandwidth ung Discord, unless syempre pag ginagamit mo ung voicechat feature. Lagi ko nagagamit ung Discord kahit naka data lang ako.

and mostly ito yung mga users na onto gaming.
yes, pero ginagamit rin ng mga online markets. Telegram alternative.

I also haven't try it mas better ba yon sa telegram or even sa facebook messenger?
Completely subjective. Depende kung anong purpose mo gagamitin specifically.
8776  Bitcoin / Bitcoin Discussion / Re: What bitcoin adoption really is. on: July 29, 2020, 06:07:50 AM
Come on, how many people have enough knowledge to verify something related to bitcoin?! The believe system is 99.9% based on the fact that bitcoin has never been compromised.

I mean, verifying if a Bitcoin transaction is legitimate through multiple block explorers is easy enough(though of course it's not completely trustless unless you use a full node). Never said people need to verify literally everything in the first place.
8777  Bitcoin / Bitcoin Discussion / Re: What bitcoin adoption really is. on: July 29, 2020, 02:03:47 AM
2. Level of people's trust (most important)
Trust is the main value of bitcoin.

To be more specific, it's more of the fact that you don't need to trust anything at all. You just need to know the fact that a centralized authority can't fuck up Bitcoin's monetary policy even if they badly wanted to.

This is why the "don't trust, verify" quote is being used a lot in the Bitcoin space.
8778  Bitcoin / Bitcoin Discussion / Re: Official Bitcoin Calculator Release on: July 29, 2020, 12:57:03 AM
Ayye. That's cool. But you might want to think twice in calling it the "Official" Bitcoin calculator, because there is no such thing as "official" Bitcoin anything. Tongue

Also, I think this thread is more fitting in the Service Announcements[1] section. Please move it there instead; the move button is on the bottom left part of this page.


[1] https://bitcointalk.org/index.php?board=84.0
8779  Bitcoin / Bitcoin Discussion / Re: The Rise of Bitcoin on: July 28, 2020, 11:41:13 PM
Give me a few minutes and let me consult my magic crystal ball..



..because we can definitely know what will happen with the price
8780  Other / Meta / Re: Huge donations to bitcointalk on: July 28, 2020, 03:54:52 PM
Forum software?? Mods?? Why should both get paid? Isn't smf free? I haven't heard any other mod to get paid.

You're completely underestimating how difficult it is to run a successful forum or website in general; and remember that we're even talking about the #1 Bitcoin and cryptocurrency forum that's ranked at website #24,833 globally[1].

What's your point in the first place? That Theymos doesn't deserve what he got for all the hard work that he's done for the community?


[1] https://www.similarweb.com/website/bitcointalk.org/
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