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941  Bitcoin / Bitcoin Discussion / Re: Institutions are interested in raiding bitcoin on: July 22, 2023, 05:38:02 PM
I mean they are interested in Bitcoin since early 2017s, they say bad things in public and buy Bitcoin in private while keeping it secret.
Whales when they are planing their games, they will not announce their games are setting up. They do it secretly and during the same period, they make us fearful. They will make us panic to sell coins at corrections, collapses and they accumulate cheap coins.

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So there is no way you get to know that they have already bought what they always opposed.
We never knows about details, who play the games, who are Bitcoin holders but with on-chain data and analysis, we can see whales' on-chain traces.

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So once they are done buying, they start sharing news in the market that they are thinking to buy so that the price goes up and they can dump it on you. Institutions are here to make money, not build technology. Only individuals can build products.
They can do both, building products, setting up market games, and gaining profits but most of institutional investors simply investing and manipulating the market.
942  Bitcoin / Bitcoin Discussion / Re: Bitcoin competition. on: July 22, 2023, 05:02:02 PM
If Bitcoin didn't had any flaws in it, other altcoins would never emerge especially Ethereum. Despite it's high gas fee, it's very popular among the new investors to buy ETH as compared to Bitcoin.
If we talk about transaction fees, Ethereum blockchain is worse than Bitcoin blockchain since its 2017 and 2018 bull run.
If we talk about centralization and decentralization, about risk, Bitcoin blockchain is decentralized while Ethereum blockchain is not.
See A comparison chart on average transaction fees on Bitcoin and Ethereum blockchains. The red is for Ethereum, the blue is for Bitcoin.

People just choose Ethereum rather than Bitcoin because it is cheaper than Bitcoin.

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Reason being the Dapps they have implemented by the biggest brands in the world on Ethereum and other second layer like Polygon etc.
Their smart contracts and dApps around ERC20 chain cause losses to many people who believe in DeFi, GameFi, Metaverse projects and expensive transaction fees on the chain.

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Everything happens for a reason, and Bitcoin will continue to grow for those who HODL. Wink
Bitcoin is unique and will continue to be a biggest cryptocurrency, a leader in this market.
943  Bitcoin / Bitcoin Technical Support / Re: Is there any website for Message signin and verifying? on: July 22, 2023, 03:40:33 PM
And when the unique cases happened when you are not in home then what you will do ? That is why I'm asking buddy. Everyone has different reasons, right buddy?
First, like others said, signing a message requires a private key of the public address and if you use an online website to do that, you leak your private key. When you leak it, it will no longer be your private key. You can lose your bitcoin by that website owner, very likely to lose it because who will ask you to leak a private key, maybe only scammer.

Next, about signing a message to prove something, mostly it is to prove that you are a real person, not an impersonator, hacker, when you are dealing, trading with another person. Mostly it does not happen and you won't be in that situation.

Now, if you need to sign a message on mobile, you must - in my opinion, have two wallets, two public addresses and stake them somewhere, one on computer and one on your mobile. When you are hanging out, on mobile, you can sign it on mobile with that mobile wallet. I don't recommend to import your wallet on computer to your mobile, just to sign a message. It's risky.
944  Other / Meta / Re: Request for the merit source for the Polish board on: July 19, 2023, 10:06:52 AM
I think a lot of members who communicate on international boards are language barrier.
People should feel more comfortable and communicate better through their mother language than through their second language such as Enlish. In fact, they should communicate better in their local boards with native languagues than in International (global) boards with English.

They don't join local discussions probably because their local boards are dead, inactive or just shit posts and they are not interested in joining low quality discussions. Sometimes they just don't have a local board or local thread.
945  Other / Meta / Re: Request for the merit source for the Polish board on: July 19, 2023, 09:57:55 AM
in addition, the only merit source on the polish board (malevolent) was last online on 03/18/2023 and has not visited the forum since then... Roll Eyes
malevolent is also a moderator for Polish local board so if he/she left the forum, Polish board will need another local moderator.

It is too soon to make a conclusion but let's keep observing actitivities of malevolent. If he left the forum, Polish members will have chance to ask two things: a new moderator and a new merit source.

Different criteria for choosing a local moderator (mainly based on report history and reputation) and a merit source (reputation and post quality).
946  Other / Meta / Re: Is it possible to change the username? on: July 18, 2023, 05:13:19 PM
What? do have to donate 10 btc to change username? This is an unreasonable amount
Yes, it is a direct line but no longer used for a long time. The last donator is Claymore in 2017 and Claymore did that donation not to change username.

Else, if you have reasons to change your username for privacy, you will get apporved and it is free.

If it is because privacy, you will have both changes, username and display name.
If it is for display reason only, you will have only display name change and your username will be the same.


Q: I want to change my forum username. What should I do?
A: You can either donate 50 BTC to become a VIP or PM theymos asking to change your username (although he rarely accepts such requests nowadays).

Maybe they didn't donate 50 BTC but were gifted the VIP status because of their contribution to Bitcoin and the forum.

Right. I posted about this somewhere when I did it.

IIRC MagicalTux also got VIP without paying 50 BTC because he contributed significant resources in other ways.

Each user has a display name, which is the only name ordinary users see, and a username, which is what you use to log-in with. Almost always, they are the same.

If I change a name for reasons of appearance, then I only change the display name. The username remains reserved, the user can still login using the username, PMs can still be sent to that username, "search member" allows searching for the old username, etc.

If I change a name for reasons of privacy, then I change both the username and the display name. In this case, it is possibly hazardous to reserve the old username, since it allows someone to test for the existence of that username, possibly defeating the privacy benefit. If you're worried about being impersonated, then simply don't seek to have your username changed.
947  Other / Meta / Re: Is it possible to change the username? on: July 18, 2023, 04:49:38 PM
I see that there are several members who have custom titles and it seems that someone has succeeded in changing their username. But I don't find that option in my account. Are there any specific requirements to change the username? or every legend account can do it?

First, about changing usernames. You will have to be either a VIP members to change it or have to send a request to theymos and get his acceptance to change your username but you need to have good reasons like doxing to get approval.

Second, about custom titles, it is another thing. It's custom deal like memoriam.

TECHSHARE
Gleb Gamov
paraipan
948  Economy / Trading Discussion / Re: How To transfer from PayPal to Crypto Without KYC on: July 18, 2023, 02:54:37 PM
Since the largest number of BTC ATMs are located in the US, your friend should withdraw funds into his bank account, then withdraw cash and find an ATM where to buy BTC without KYC. If you send him your BTC address (in the form of a QR code) then the purchased BTC will come directly to your address.

https://coinatmradar.com/country/226/bitcoin-atm-united-states/
I understand the story like OP and his friend want to make a trade. OP has bitcoin and his friend has $ and they find a platform to do that trade, assume I did not misunderstand the story.

Buying and selling bitcoin through Bitcoin ATMs will cost very expensive fee like 15%. If they can have other choice to complete the deal, Bitcoin ATM would not be in the list.
949  Other / Meta / Re: CF keeps banning tor connection on: July 17, 2023, 01:40:01 PM
It's amazing that in the 21st century with all the advances of technology, we have no alternative to CF. The paradox is that the forum can only function normally if it uses the services of someone who from the very beginning fights against everything Bitcoin stands for.
Years ago theymos opened a discussion Rant on Tor and with latest annoying performance of Cloudflare against Tor users, that discussion should be lively again.

They have bad reputation with Data leak.
950  Bitcoin / Electrum / Re: Android Electrum with Tor on: July 17, 2023, 01:19:37 PM
Download orbot.
Sidney86

Some links for Orbot
What is Orbot?
Proxy with Tor

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Orbot is a free app from The Guardian Project that empowers other apps on your device to use the internet more securely. Orbot uses Tor to encrypt your Internet traffic and hide it by bouncing through a series of computers around the world.

Download
https://orbot.app/en/
951  Economy / Trading Discussion / Re: Newbies can't profit from crypto without knowing how to trade. Truth or Myth? on: July 17, 2023, 12:58:30 PM
I overheard my coworkers discussing the idea that new investors in crypto cannot make profits without possessing trading skills.
You must have basic knowledge and skills for buying and selling which are helpful for your investment but don't use buying and selling for your trading. At least you must use Buying and Selling orders without mistakes.

Market Order vs. Limit Order: What's the Difference?

Investment is better and safer than trading and if you invest in a safest cryptocurrency, Bitcoin, you will have profit. If you invest in altcoins, I am not sure about how you end with them. Most of altcoins will bring losses to you, not profit because most of altcoins die with time.
952  Other / Beginners & Help / Re: I want to begin my journey on: July 17, 2023, 11:35:54 AM
Secondly, what is the purpose of sign message that I use to hear and see? How do I sign a message?

Signing a Bitcoin message to show that you own the private key. The message you sign can be proof for your account in the forum. I guess this is your question.

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I don't know how to sign a message and the exchanges have never require me to sign a message before.
Because they don't care where is your bitcoin comes from. They just need you to create an account at their centralized exchange, make a deposit, trade there and even don't trade, if you withdraw your bitcoin, they charge you very expensive withdrawal fee.

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Is the sign use to approve transaction?
This one is different. Signing a transaction with your Bitcoin private key.

How to spend from an offline paper wallet using Electrum
953  Alternate cryptocurrencies / Altcoin Discussion / Re: Understanding Crypto Tokens And What's The Difference With Crypto Coins? on: July 15, 2023, 05:42:41 PM
Main differences between coins and tokens are

  • A coin has its own blockchain. Whatever its blockchain is, whatever its algorithm is: either Proof of Work, Proof of Stake, etc. It has an own blokchain.
  • A token does not has its own blockchain. It is built on another blockchain and if that blockchain die, stop working, that token stop working too.
  • In other words, tokens are like parasites on other blockchains and tokens on a blockchain will need that chain native coin for transaction fee. ERC20 tokens need ETH for fee, BEP20 tokens need BNB for fee.

theymos' explanations on Definition of tokens
954  Bitcoin / Bitcoin Discussion / Re: Former Celsius CEO Alex Mashinsky reportedly arrested on: July 15, 2023, 05:16:31 PM
In the last mempool clog, Binance wasn't the only exchange that halted bitcoin withdrawal on the main chain, several hundred of exchanges also did same

Old story but still has value because exchanges, including Binance have yet changed their apporaches.

They 'stole' bitcoin from users months and years and make their steal legit but then if things are worse with network and mempools, they don't support users but halt withdrawals or charge their users more.

Exchanges get profit from users' withdrawal fees.
955  Bitcoin / Bitcoin Technical Support / Re: Trying to understand double spending after 1 confirmation. on: July 15, 2023, 03:38:15 PM
Loyce,

You can check it with Lopp's Bitcoin confirmation risk calculator too
https://jlopp.github.io/bitcoin-confirmation-risk-calculator/
https://github.com/jlopp/bitcoin-confirmation-risk-calculator

Lopp has an account in Bitcointalk and replied when he fixed a bug in his tool.
The rounding error was an unintentional result of me taking the form input and running it through parseInt, which truncates all decimal precision. I've changed that to parseFloat - the discrepancy is now resolved.
956  Other / Beginners & Help / Re: Important information about the forum on: July 13, 2023, 02:44:21 PM
No. I am a new member of the forum. Currently I have no knowledge to guide.
If you are a new member, you did not make this topic.

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But I want to learn a lot by spending time on the forum.
If you want to learn, you did not make this topic.

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And help everyone like you.
You changed from want to help new forum members to help legendary members, seriously?

Silently learn and ask if you are unclear, don't write non-sense guide topics like this one, please.

Newbies - Read before posting
[Guide] Searching effectively
Enough for any newbie to start.
957  Other / Beginners & Help / Re: Important information about the forum on: July 13, 2023, 02:14:42 PM
Welcome to all forum members!  Recently I noticed that many new members don't know all the rules, me being one of them.
And you want to guide other forum members, are you serious?

It's easy to learn if you and other newbie members to read sticky threads. They can learn most of rules and basics and what do they need? Time and readiness to learn.

958  Economy / Speculation / Re: Bitcoin to $120k next year - by Robert Kiyosaki on: July 12, 2023, 02:27:32 PM
The prediction is actually laughable.
It is not a prediction but a bullshit because it was not based on anything. A prediction must be based on past cycles, multipliers in past bull runs and a kind of model with consideration that when price becomes higher, future bull runs will be smaller.

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Because it will take more decay from now for Bitcoin to see close to that prediction unless the US dollar expires in a similar case like that of Venezuela,  which is never going to happen as the US government has ways of manipulating and keeping its currency a bit in control.
If Bitcoin exponentially rises to $1M within 3 months, what will be a cost for a cup of coffee? $1,000 for a cup of coffee because US. dollar at the time is almost zero value. Like what actually happened in Venezuela.
959  Other / Beginners & Help / Re: Bitcoin mining terminology and facts on: July 12, 2023, 02:03:45 PM
Please read books like:

Some onlines educational resources:

Due to it's frequent addition of blocks it makes the system difficult for hackers to penetrate ( the longer the chain the more secure the network becomes)
It is because Bitcoin network has very high hashrate which makes it safe from attacks. Hashrate together with many nodes decentralized hosted globally are important for Bitcoin network.

How many Bitcoin confirmations is enough?
960  Economy / Speculation / Re: Bitcoin to $120k next year - by Robert Kiyosaki on: July 12, 2023, 01:23:33 PM
If I understood him correctly, I see this type of prediction as something that is attached to the devaluation of the US dollar. Which is when inflation hits it too hard, the dollar will be devalued, making 1 dollar not equal to a dollar again, and as a result of that, the price of Bitcoin needs to go up in USD in order for it to match the current value. If that's what he means, then his prediction will only be possible when the dollar value reduces.
Inflation of a national fiat currency will make price of all things in that nation skyrockets like in Venezuela and some other nations.

However the US. dollar will not devalue terribly like Venezuelan bolívar as they have FED. to somewhat control the inflation. They make inflation but not at a speed in Venezuela and the US. dollar is not hyperinflated like Venezuelan bolívar.

Worthless currency turns into bags of money


I laughed a lot when I read that bullshit call. Because if Bitcoin hits $1M within 90 days from March 2023 price, the world should be in a very serious situation which I don't want to live in.
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