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881  Bitcoin / Bitcoin Discussion / Re: Elon musk is for crypto or just for attention to boost Tesla, SpaceX? on: March 08, 2023, 06:46:43 PM
Watching the lately spot about Musk appearing on live tv this weekend for showing what all the hype is about and if he will actually have a mention of his favorite cryptocurrency doge, it seems the media are jumping all over this appearance.
https://www.youtube.com/watch?v=nWWzszskgmA

What are your thoughts about this North American appearance and what do you think he will do or say about doge or even bitcoin?
I think since Miley Cyrus is the musical guest he will have her dress up as a dog and call her doge. Cheesy
She likes cats and had dressed up as them on stage during her concerts, so you never know what these two crazy people will do on this episode.

I think that its all a strategic game for musk. Idk what he plans to do with DOGE but I am certain that he has a plan to keep hyping things up the way he has done historically. I'm just happy that he is an advocate for BTC and he has even said he doesn't think it will fail. So we have that going for us hahahha
882  Bitcoin / Bitcoin Discussion / Re: How do you feel selling your BTC against your plans? on: March 08, 2023, 06:43:57 PM
A thought came over me while spending my BTC. Although I was wondering if members have had that experience and  too  how others would feel about it hence this topic. Now here was what happened. I had an emergency which requires an urgent attention and it involves funds. I had no option than  to get the funds immediately as the payment I was expecting has no yet been credited to my account I had no option at that moment than to fall back to my bitcoin and what touched me most was that the market was red and It was obvious I had to sell to sort out the urgency at hand. While doing that, there was this feelings I had then as a result of the red market as at the time I was doing the transaction . I was just having that thought over me then and wishing the market could just boom immediately so I could only release just a small fraction of my BTC to sort out things then and another was that I could just receive my much awaited alert so I could stop the BTC transaction immediately. You know that feelings that comes when you want to do something you really do not have plans doing immediately maybe you have plans for it in the future and all of a suden an emergency comes up which would force you to do the needful. I had that feelings and it was real and really devastating at that very moment.
If you have had such experience, how was it like?

Its never a fun experience to do something like this. But at the end of the day don't you feel good knowing that you were able to cover this expense and not have to take out a loan or something like this? Surely a loan would have cost you more and more debt. You can always buy more bitcoin, but maybe not at the same price. Even selling for a loss, you should be thankful that you have what you need. As long as you can wake up and live you can get more bitcoin, always.
883  Bitcoin / Bitcoin Discussion / Re: Invest in Bitcoin by selling wife's jewelry on: March 04, 2023, 05:10:34 PM


We know gold is very precious metal, but Bitcoin is much more expensive than gold. Bitcoin will cross $100k after halving in 2024 ie if I invest $3000 in Bitcoin now then there is a chance of getting 10x after 2024. If I get $30000 from investing $3000, nothing can be as valuable as Bitcoin. I explained this formula to my wife at night and she was not willing to give me her jewelery at first but today she told me by herself that you can sell my jewelery and invest in Bitcoin. At present I am forced to sell my wife's jewelery as I have no fiat money.
I seek advice from expert investors/holders/users of this forum,,,,
whether selling my wife's jewelery and investing on bitcoins makes sense?
Is it reasonable to invest in gold rather than bitcoin?

It’s always good to keep some gold on hand. It’s really great to have both Gold and Bitcoin. As long as your wife is okay with this I say go for it 😂 Bitcoin will pass 100k in a few years I really do think so. I think it’s a good idea to get more BTC always.
884  Bitcoin / Bitcoin Discussion / Re: Bitcoin ATM Deposit Exchange Rate shocks on: March 04, 2023, 05:03:08 PM

Hearing about Bitcoin ATM machines in advanced countries makes me think it's the best and cheapest way to deposit and send crypto, especially for those who know little about crypto and don't want their identity revealed when buying it.

My cousin over in the U.S. wants to send me a few dollars from the US down here.
I suggested she buy cryptocurrency and send it over because the exchange rate is higher when I receive it in cryptocurrency rather than a direct bank deposit (CBN). She decided to use the ATM to deposit Bitcoin because it was closer to her and easier to use—no identity verification was required.

I just went through the receipts today and realized the machine price rate is far different from the real market price of 30,130 USD per bitcoin.

Out of the $1,000 deposited in cash
BTC worth $7,000 was only deposited to the provided address.
The same thing happened with 1,800 dollars' worth of bitcoin, and only 1377 dollars' worth of bitcoin was received at the address.
People's necks are being cut by these machines.

If this is how it's normally charged.. then I can't advise anyone to use ATMs to deposit bitcoin but rather buy a Bitcoin crypto card from Walmart shops.


Anytime you go to use a BTM there will be a 10-25% for the use of the machine. This is not ideal but if you have no other option then it’s good. Most legit operators are required to verify your identity and have KYC and AML in place. If not then it’s a sketch company who will eventually get shut down by US regulators. Just this week Bitcoin of America got shut down
885  Economy / Economics / Re: The Return of the Barter Trade at Rural Communities in Nigeria on: March 02, 2023, 04:34:59 AM
The redesigned of the new Naira banknotes was announced late last year and the deadline to use the old naira notes was given on the 15/01/2023 and before then the Central Bank of Nigeria CBN plus the Federal Government in the country told the citizens that the newly resigned naira notes will be available for everyone to use before the deadline, though they said nobody can withdraw more #20,000 which equivalent to $43.43.

But reaching the deadline which made all the citizens to go and deposit all their old naira notes to their various banks for the fear of expiration but when the last date came CBN extended the deadline and banks refused to pay their customers the money that is in their bank accounts from inside the banks except from the ATM and that makes or form a very long queue on the AMT stands.

Many people died because of this and almost 60% of business collapsed. On the 13th of February 2023, in my locality (State Capital) all the banks closed down. Bank network is malfunctioning.

Survival of the fittest by Hobbes
The age group ( old people) can't queue on the ATM and also they are not conversant with cashless technology. So they have to resort to their old way of buying and selling method. That the exchange of goods to goods so that they can survive. Barter




Cash Crunch: Rural Dwellers Resort To Trade By Barter

Wow, hard times for the Nigerians indeed. I hope and pray that things can get better from here on out. Surely Bitcoin can help solve these problems, at least a few of them, one would hope.
886  Economy / Economics / Re: Cheap food: can you beat this price in your country? on: March 02, 2023, 04:31:26 AM
Just found a restaurant where the individual meal costs only 0,57$! Meal composed by rice, toasted cassava flour and black bean stew with few pieces of pork meats. Feeds one person decently and the taste is good. You can eat the whole month for less than 35$, considering lunch and dinner daily! That is perfect for cutting expenses with food!

Do you know any restaurants which serve cheaper meals than that where you live? It must be a meal, not snacks.

Dude that’s unreal! Can you please share the kind of cuisine we are talking about here? Like meat and veggies or just carbs and low quality meat? 57 cents in America will get you 100 grams of sugar in a plastic wrap.
887  Economy / Economics / Re: $35 Million raise underway by Hosts of "Bankless Podcast" -to fun Web3 Companies on: March 02, 2023, 04:29:56 AM
Quick news coming from the crypto based podcast named as Bankless Podcast. As unique as it's name is and relevant to the way crypto currenices work with "bank-less" approach, total three hosts from the same has come together to raise around $35 million so that this money can be used for funding the new Web3 based companies and help the community grow further.

Further to this they will also focus on empowering the DeFi porjects. Last year itself they had acquired DeFi software project Earnifi under a newly created vertical called Bankless Labs.

Such fund raising is increasing from the Crypto Space and if money is utilized on proper projects then it can make money projects outstand from the Crowd and focus on newer vertical developments easily.


Quote
DENVER — The hosts of popular crypto podcast and newsletter Bankless are raising a $35 million venture capital fund to invest in seed-stage Web3 companies, sources told CoinDesk.
Show hosts David Hoffman and Ryan Sean Adams are to be general partners in the fund, said Ben Lakoff, also a GP. The trio comprise the fund’s investment committee, Lakoff said.
The fund, planned as a separate legal entity from the Bankless podcast, will nonetheless share its brand and likely enjoy the clout of one of the better-known content platforms in crypto media. One venture capital source said the combo of platform and investing arm would mean “incredible deal flow” for the nascent VC.

It’s the latest example of crypto media striking out into venture capital. Hoffman is on the ground at ETHDenver discussing the fund, one of the sources said.
Founded in 2020 by Adams and Hoffman, Bankless has built an influential multimedia presence with its flagship podcast, newsletters, YouTube channel and its own decentralized autonomous organizatio (DAO), complete with a $BANK governance token.
According to a preliminary website, the fund will focus on early stage crypto companies and on “empowering pioneers to explore the frontier of Web3.”
The pair have also been outspoken supporters of Ethereum, decentralized finance (DeFi) and self-custody.
The move by Bankless into the venture capital sector appears to be a continuation of the brand’s foray into crypto investing that began last year. Bankless announced last November that it had acquired DeFi software project Earnifi under a newly created vertical called Bankless Labs.
“Bankless is going beyond media,” wrote Adams in a blog post at the time. “Now, we’re building tools for your DeFi journey.”

But according to Lakoff, Hoffman and Adams will put the kibosh on their private venture deals once the fund launches with capital from outside investors, at which point everything will run through the fund.
"We've all been angel investing individually for years," Lakoff said, "and now we’re putting all that time and energy into Bankless Ventures to accelerate the bankless movement and are able to bring along select LPs to participate"

Hosts of Bankless Podcast Raising $35M Crypto Venture Fund: Sources
The popular crypto podcast is branching out beyond its media roots to invest in emerging Web3 startups.


I met the creators of ETH Denver at Permissionless. Very cool dudes. They hooked me up with some sweet coins and limited edition card decks 😎 sounds like they are doing some big things!!! Web3 is crazy. Wait until Web10 is out 😉
888  Bitcoin / Bitcoin Discussion / Re: What If There Is A Ban on: March 02, 2023, 04:26:14 AM
We all agree we're living in a crazy world and what's far worse is that it is managed by a bunch of clowns..
So, let's think wildly, one day US were to further increase the censorship just like some of the other countries in the world, they ban bitcoin, they ban VPN, they pass legislation for those who mine/trade/spend btc will be sent to jail.
(Let's not say it's not going to happen. It can! You never know just like you would never have known that there's a war in 2022.)

Other countries start to follow.

Where will you be and what kind of life will it be and how is it going to impact yours?


You know that’s really like the modern day an on the gold standard, which then it was a lot easier to hide or send bags of gold coins or physically take them to a bank account in Switzerland for safe keeping. Honestly though I think that it would be a lot easier to move these funds, so long as you have a plan B. If you don’t then I suggest you put some thought into that. If I told you my plan I’d have to Jill you 😉
889  Other / Meta / Re: Ban request for user: franky1 on: March 02, 2023, 04:13:22 AM
Franky appears to create a lot of noise when it comes to threads regarding the Lightning Network[1][2][3]. The way this person talks is ill-intentioned and does not contribute anything to the discussion. Instead, he starts yelling and spreading lies and FUD[4][5] whenever we're talking about something that is not in his interest (such as the LN) and demands from the users to do as he says[6]. Anyone who's against his ideas is being cursed.

Countless of times his posts are getting deleted after been reported. Still, he has an account here and is allowed to act same like without any penalties. However, those who do want to constructively prove him wrong are being punished by having their posts deleted and thus discouraged to stop his future FUD.

I address to the moderating team and request a ban, whether that's temporary or permanent. I also address to those who have been part in discussions with him and are annoyed by this uncontrolled abuse of the forum's free speech as he's infringing the rules:

Q: Do you moderate/delete (possible) FUD, accusations and untrue information?
A: No. We don't have enough time to check every single piece of information and verify the validity of the sources. Also, just like scams - too much room for bias and abuse.

However, trolling isn't allowed. If a user is habitually posting obviously false nonsense ("obviously false nonsense" to an outsider, NOT to someone who follows or is involved in the discussion) just to stir up trouble, then it's considered trolling, which is prohibited. Such cases should be thoroughly documented in the report though (There are tons of reports that just say "trolling", but moderators don't have time to look through each user's post).

It's down to you to support my statement that what he does is trolling.



[1] https://bitcointalk.org/index.php?topic=5376568.msg58708356#msg58708356
[2] https://bitcointalk.org/index.php?topic=5379192.msg58877861#msg58877861
[3] https://bitcointalk.org/index.php?topic=5378173.msg58804168#msg58804168
[4] https://bitcointalk.org/index.php?topic=5379599.msg58894664#msg58894664
[5] https://bitcointalk.org/index.php?topic=5378173.msg58827879#msg58827879
[6] https://bitcointalk.org/index.php?topic=5379192.msg58878182#msg58878182

This dude has spent over a year of his life in logged in time on this forum,  an absolute fking legend in my book hahahha. Good or bad you have got to give it to him, this dude is FRANK with everyone and completely righteous in his own mind. He could very well be the best party that he's ever been to hehehhe. IMO everyone is entitles to TOO (Their Own Opinion)
890  Economy / Gambling discussion / Re: Drake Loses $400K Bitcoin Bet on Jake Paul’s Bout on: March 02, 2023, 04:03:17 AM
Another huge loss become public.
it seems that the famous Canadian singer has made a bet on Jake Paul that turned to be wrong Sad
400K USD has been wasted. It seems isn't the first time some public bets result in a loss ... 

here more details:
https://news.bitcoin.com/rap-star-drake-loses-400000-bitcoin-bet-on-jake-paul-in-split-decision-loss-to-tommy-fury/

what lessons can be learned by this event?


So Drake Lost 400 mil. Tommy won the match and 8 mil. and Jake Paul lost the match but won 30 mil. Sounds about right hahah. Way to take the L jake, I bet you he planned all of this somehow. Had he have won maybe he would have won more. But to lose the whole match and still make 22 million more than the actual winner still baffles me! As far as for drake, sorry bruh! Catch that hot line bling next time!!!
891  Economy / Gambling discussion / Re: My $300 bet won $417,000 on: March 02, 2023, 04:00:47 AM
Hi guys,

If you followed my previous topic about how I turned over a million dollars plus with no bonus from the sportsbook (https://bitcointalk.org/index.php?topic=5434831.msg61599879#msg61599879) you may be interested in this thread.

I closed my account with the above sportsbook and was going through my account history and found this bet I placed two years ago.

I spent many hours researching and selected 19 legs that I liked. I placed $300 and collected $417,000. I only chose sports that I have a high knowledge of and tried to bet with no emotion. The first match was a rugby game on the 18th of September 2020 and the last match was a futures bet for Kansas City Chiefs to win their conference and make the Super Bowl on the 18th of January 2021. I told a group of my friends to copy my bet but they were impatient and didn't want to wait four months. Only one of my friends followed my bet and he placed $100 which won him just under $140,000. I live in Australia so a lot of the matches were Australian Rugby games.

The bet was originally worth $686,000 but Niko Price could only manage a draw against Donald Cerrone (after having a point deducted for a BS accidental eye poke) so the UFC match was voided and my winnings decreased to $417,000.

I find sometimes it is best to place future bets instead of match bets if you can find some value.

I have a few similar bets which won $644,000 and $258,000 so I will try to find them and post it shortly.

Always remember to only bet what you can afford to lose and gamble responsibly.  Smiley Smiley

Main bet:
https://imgur.com/a/v8rAEV7

Breakdown of individual legs:
https://imgur.com/a/SDuZbbv
https://imgur.com/a/NhOSyej
https://imgur.com/a/GnYGjFW
https://imgur.com/a/wEkVnkk




Wow, now thats a little bit of skill mixed in with luck right there. Great picks and what a remarkable bet! That is some parlay you figured out there, truly threading the needle m8!!! I sold a pokemon card lot to a bloke in the down under one time. Do you know what you're going to do with your winnings yet? You have inspired me to really make some educated bets now. Wish me luck!
892  Bitcoin / Bitcoin Discussion / Re: America Wants to buy Bitcoin 20% adults own it, while 29% willing to buy! on: March 02, 2023, 03:54:55 AM
I am assuming the study was done based on ratio system where they took some number of participants and then factored it to give proper estimates. I am really not sure if we should believe these numbers or not but the study is really positive about Americans loving the Bitcoin.

The number of participants in the group were around 2,202 and study conducted based on the weightage of various factors of US based age group, education system, region etc.

Now this study translated the numbers to approximately 52.3 million Americans adult owning crypto while 75.5 million Americans are willing to buy the crypto in next 12 months.

I not sure if such study is viable or not but going further they also stated that overall 76% people from the American Soil think that Crypto and Blockchain is the future. Considering the fact that they already think current financial system need major changes and also upgrades, they would prefer crypto as their next big thing.

Quote
A national survey commissioned by Coinbase suggests that about 20% of U.S. adults currently own crypto. In addition, 29% of U.S. adults plan to buy or trade crypto in the next 12 months. “The vast majority of Americans want to see the financial system updated and they believe crypto can be a powerful part of the solution,” Coinbase said.

Crypto Survey Commissioned by Coinbase
A nationwide survey of 2,202 participants from the general population was conducted by Morning Consult from Feb. 10-14. “The data were weighted to be representative of U.S. adults based on age, race/ethnicity, gender, educational attainment, and region,” the market research firm described. “The purpose of this study was to examine perceptions of the global financial system and how U.S. adults and cryptocurrency investors view the future of the crypto market and exchanges.”

Citing the survey results, the Nasdaq-listed cryptocurrency exchange Coinbase, which commissioned the study, commented:

The vast majority of Americans want to see the financial system updated and they believe crypto can be a powerful part of the solution.

Noting that “80% of Americans think the global financial system unfairly favors powerful interests” and “67% of Americans agree that the financial system needs major changes or a complete overhaul,” Coinbase wrote:

The survey found that 80% of respondents believe the current financial system is unfair, with the overwhelming majority expressing frustration with the current financial system and a hunger for change.

The crypto exchange added that the survey further “indicates that most Americans remain optimistic about the future of crypto and understand its potential to be part of the solution to bring about meaningful change to the financial system that would benefit society as a whole.”

Coinbase Survey: 20% of US Adults Currently Own Crypto


It sounds pretty dang bullish to me!!! I don't think any other generation has been this outspoken about the Federal Reserve and how much of a scam it is, nor has any generation ever grown up into a mature internet setting where they can talk about it on forums like us online like us with anyone anywhere in the world and at any time!! Certainly this coin will be flipped and in 10 years time only 20 percent of american's will not own any bitcoin while the other 80% does. I guess we shall see what happens.
893  Bitcoin / Bitcoin Discussion / Keeping BTC in sovereign hands. Tales from the LA Fitness Sauna on: March 02, 2023, 03:50:38 AM
So here was a very intriguing encounter that I had, about 3 or 4 months ago. I was in the sauna in LA fitness and it was just me and one other guy in there. All of the sudden he started talking to me, had some very positive things to say about my "energy" he said he liked my energy and that he could tell that I had some big things in store in my future. Very intrigued I questioned him on this and asked him what he did for a living. He told me " Its my job to usher in the next payment system into the world". After talking to him more and more about it, it turned out that this guy was traveling country to country making huge deals in BTC with high ranking government officials. He kept saying that its his job to keep BTC in "Sovereign hands" I found this all very interesting.

He elaborated some more saying that the CIA was the group that really created BTC. He went on to speak about the white hats and the black hats in the CIA, aka the good guys and the bad guys, and that basically the whole agency was at war with itself. Crazy wild stuff here. Just an average day out at the gym for me, lmao. Anyhow, I finally got a chance to write it down and talk about it. I could go way more in depth but I don't want to sound crazy here, a lot of what was mentioned truly had me a little taken back. Like what if what he was saying was true, he said that the best way to play the field is to play both sides of the coin, to ensure your success, because then at that point no matter what you would do you would win. I don't know if anything what he said was true that night, but i'll tell you one thing, it sure was entertaining. 

Has anyone else had any strange encounters like this?
894  Bitcoin / Bitcoin Discussion / Bitcoin Trusts on: March 02, 2023, 03:38:55 AM
Just for the sole intent of your heirs, I really wish that there was a solid and fool proof way to leave legitimate BTC to your kids in some custodial solution. Something that was protected by like a time vault or something. And I hate to say it but one thing that Yogg did with those time locked bitcoin wallets were really cool, but obviously you see the risk to doing something like that. Anyone who put money into that solution has all their funds locked and Yogg is long gone at this point.

I wrote something on a Bitcoin Life Insurance policy before but honestly what i'm looking for is really more so found in something that of Grayscale Bitcoin Trust. Although that isn't the real deal bitcoin its still nice to have the same or similar market exposure. But even with that, its just lacking so much control. I just wish we had more solutions for use cases like this. Not that it really matters for me. Lord willing in I have a least 50 more years on this earth and by that time maybe we will have figured so much out!
895  Other / Meta / Re: Sleazy sex link sent to my pm on: March 02, 2023, 03:23:59 AM
Wow, thats just ridiculous, I can't believe someone is using an account on here for the purpose of shilling their OF or whatever the heck that is. I mean how low can you go for real.
896  Economy / Collectibles / Re: [INFO] What are these Lealana coins? OH MY............ on: March 02, 2023, 03:21:44 AM
WHAT ARE THESE?

Notified by another forum member tonight who asked what these coins are....and I have no idea Huh
Both were funded January 6th, 2023

2013 Lealana 0.1BTC silver - FULL GILT / RED ADDRESS
https://btc.cryptoid.info/btc/address.dws?1G6U4PjSGwHtnhk4RzjtPTH9aBBZyPysXd.htm

2013 Lealana 25 LTC silver - FULL GILT / RED ADDRESS
https://chainz.cryptoid.info/ltc/address.dws?LcJempWqhE2x4YZLXDj5essEoWEEo4Kkht.htm





Some beautiful coins right there. If PCGS graded them than there is no question to their validity. Did smoothie reply on this thread? (too lazy to scroll through and read them all rn haahah)
897  Economy / Collectibles / Re: BEWARE of FAKE CASASCIUS COINS on: March 02, 2023, 03:19:41 AM
Wow, I mean this is really a pretty good fake, but its incredible the lengths that Casascius went to make these as fool proof as ever. These little 'security lines' in there are surely hard to exact, down to the little finest details.
898  Economy / Collectibles / Re: WWW.GreatCollections has CRYPTO COINS up for auction NOW!!! on: March 02, 2023, 03:17:38 AM
https://www.greatcollections.com/Sell/Current

Satori....Preforkers
Moonbits

Varying end times. 2 days to 9 days...looks like some real deals   Cheesy

Its really nice to see some of the more numismatist oriented coin dealers offering crypto coins to the masses! This is great news for our hobby! Pair that up with Stacks bowers coming up and soon you will see more and more of these coins being offered even on APMEX one day soon maybe?! That would be pretty cool to see.
899  Bitcoin / Bitcoin Discussion / Re: Time is the most valuable thing on: March 02, 2023, 02:57:30 AM
I have lived most of my life working all day, the only free day I have is on Sundays, whenever I promised my cousins a visit on holidays I always fail, I have no time to go on holidays and I always end up making less money, with all the hard work.

Many people are into crypto for materialistic things, like cars, houses, etc but the best Gift I have attained from Bitcoin investment is free time, to live my life, finally.

Bitcoin investment makes me feel alive once again, after so many years of a nonstop workaholic life, now I have enough time to think, travel, rest, go on holidays, spend time with families and still make more money than I used to when I was a workaholic.

Now I can do everything I have always wanted, time is not on anyone's side and if you spend all your days on some hard jobs working and working you won't notice how fast time is running and you will age so fast in the process.

I remember I got so sick after going from one job to another, I ended up spending a lot of money on my health, I got so thing and my immune system got drained too, you might end up making millions and spending half of that to get back in shape, always remember, health is wealth.

Whatever you do, make sure you live your life like someone who is truly alive and breathing, if you are in any hard jobs that's draining your life away right in front of your eye, you need to put a stop to it.

I want all the good flashy things in life but the best gift I have now is free time, and Bitcoin makes this possible, I don't know about others and I can't talk for others but, to me, Bitcoin is Freedom.

Time is money and money is freedom!! The great thing about Bitcoin is the sheer freedom to do with your money as you please. I’m my current position I was laid off from my job. I am reassured because of Bitcoin that everything will be fine no matter what. In fact not having my job right now is making me realize so much how my time is so valuable. The time I’ve been able to spend with my family and to go about my day at my own leisure is truly a privilege to few, certainly not the working class. Although I have a cushion it won’t last forever, but in a sense it is very nice to be able to buy some time so to speak. Whilst I wait for unemployment to kick in while I search for a new job, or better yet create my own.
900  Bitcoin / Bitcoin Discussion / Re: Bitcoin and its power of freedom on: March 02, 2023, 02:51:49 AM
I like to think of a modern day use case example, ie the folks that fled from Ukraine when the war was just beginning after all their banks got shut down. Their life savings in a secure hard drive that can be very discreet to exit the country safely with your money. Now that is freedom.
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