I took this quiz a long time ago and can't remember the questions anymore.

In case something like that happens and you receive a prompt (that you didn't request personally) to reset your password via email, it can still be genuine. Maybe someone knows your email and tried to reset its password. Maybe someone uses a similar email like you and mistyped it, so you got a reset password notification. If your email is acroman08@something, it's quite possible that someone somewhere uses acroman80@something or any other name combo. No matter what, don't click on the link in the email.

Instead go to the official site by either accessing it from a bookmark or typing the name in the search bar and request a password reset personally. After that you can reset the password from the new email that gets sent to your email account if in doubt. It's also not a bad idea to compare the content and originating addresses of the one you requested and the one that was sent to your email before. 

The whole point of an escrow is to be in control of someone else's money and be the bridge between two parties that don't trust each other. If he isn't in control, he isn't the escrow.

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It was George Carlin (RIP) who said that the government doesn't want a free-thinking state, they want obedient workers. The same thing can be applied to the bounty industry. Scams happen because the participants of such campaigns allow it to happen. It might sound severe, but it's true. If bounty hunters stopped participating in dubious projects, there would be no one (or a small minority) to scam. Since that is never going to happen, scam projects will keep evolving and keep scamming the same groups of people.      

Is your suggestion that they release a new updated 2.0 version of the Holy Quran 2021 that allows gambling and possibly alcohol and prostitution to be more favorable for foreign tourists? I am not religious, but that's not the way it works

If there is such a thing as a message from God, the original message shouldn't have add-ons and updates.   

Read the post above yours by Kakmakr to understand.

In short:
China is developing their own digital currency. It's not going to be a decentralized asset like bitcoin is and it's not yet clear whether it will be blockchain-based or not. From some articles I read in the past, they are already trying out their digital coin in a few Chinese cities. Not sure if they consider those trials as successful or not.

It's pretty obvious that they want their citizens to be disgusted by bitcoin as much as possible to increase the adoption rate of their government-controlled digital asset. 

An open-source and secure Trezor Model T type of device that doesn't cost around €180-190 would be nice. I included in the price VAT and/or shipping expenses just in case someone wonders.
When I bought my first hardware wallet several years ago, one of the advantages of Ledger was a relatively cheaper price. If the price was around the same level, I might have opted for a Trezor instead. I am sure I am not the only one.   

Things like looks, metallic case, design, or touchscreen are of secondary importance to me. The better it looks and the more features it has, the more expensive it will be. Security on #1, security on #2, then everything else. 

Not necessarily. DrBitcoin might have just started this thread in the name of his friend because he has an account on Bitcointalk. It doesn't have to mean he has access to the recovery phrase of his friend.

@DrBitcoin
Does your friend have reasons to believe that her original seed (the one in Ledger A) is compromised in any way? Has it ever been entered in a hot wallet, stored digitally, or shared over email, cloud, or similar online services? Has anyone seen it or had physical access to it that he/she was not supposed to have?

If none of that has happened, restoring your wallet via the recovery phrase solves that problem your friend has. She will have access to the same coins on Ledger B without making any transactions. After that she can reset Ledger A to factory settings and do whatever she wants with it. Any other solution will create an on-chain transaction.

That is correct, the terms and conditions are there to protect their interests and they know that 99% of gamblers will never read what it is they agree to.

You (the player) are responsible to know and respect their rules. A valid question would be why do some platforms not respect their own ToS when it comes to preventing players from placing bets and losing money, but remember to adhere to the rules when payouts are supposed to be sent out? I wrote Which casinos have IP blocks in place for restricted countries? that discusses this problem.   

Too be fair, I think this is the first time we can get some sort of insight into what their reserves look like. The article you linked also states what I mentioned in the OP: They used to claim that each USDT was backed by a real USD (traditional fiat). They changed that part in their terms to say: well ok maybe not everything is 100% backed up by traditional currencies. In reality, very little are actual cash reserves (2-3%) and the majority consists of various intangible financial instruments.   

I remember that thread by mk4. The only stablecoin that is different and can't be frozen is the decentralized DAI.   

That would be another knock-down for the forum. Couple that with banning signature campaigns and removing that altcoin boards, and we can start thinking about which color the Bitcointalk coffin should be.

theymos' view on this is clear:

I didn't think about that and it's a very good point. Would it make sense adding that to the poll at this stage, though? The number of available options keeps increasing.

I think that theymos already has a plan in case something happened to him or he just became tired of the forum. I really don't see it being auctioned off to the highest bidder. It will certainly get "inherited" by someone with a similar mindset.     

Not just with multiple hardware wallets, issues with Electrum occur if you try to switch between different wallets (Ledger bitcoin accounts). If I use my Ledger together with wallet1 on Electrum, I can't simply click on File > Open in Electrum and open up Wallet2 for example. There is always an error about the device not being recognized. I have to first close Electrum, restart it, and then open Wallet2 for it to work. The combo Trezor-Electrum could cause the same type of connection problems.   

Your site says that crypto sportsbooks cant limit a player's account for taking advantage of these type of value bets or arbitrage betting, but I doubt they haven't or wont look to develop systems to stop it. It doesn't really go in their favor that players get some kind of helping hand that guarantees or makes it easier for them to win.

Does anyone have any real-life experience in getting their betting accounts limited/blocked for taking advantage of such bets? Even though you are supposed to be anonymous on crypto sportsbooks, many of them ask for KYC verification in case of big wins or if they suspect something is off.   

But that is not exclusive to MrBit. Unfortunately, that is the way many crypto casinos operate, even the reputable ones. Most platforms will allow you to register and deposit money. You are free to gamble and lose any amount. If you win a significant sum and try to withdraw it, some casinos will perform security checks to see who you are, where you are from, etc.

I have seen many players complain about such actions. But the crypto casino owners know that if they started asking people for KYC before they deposited money, many would lose interest in gambling there. That's why it wont happen.   

It really isn't that difficult. Use your head and common sense before making any decisions. Why would that person contact you with such an offer instead of doing it with his family, friends, or loved ones and make them all rich?

No one is giving anything for free, not even crypto. Bitcoin doesn't grow on trees and it isn't given away over the internet.
If you think airdrops are free, think again. For a few coins, you are giving someone your personal details such as emails, phone numbers, social media accounts, your real name. You are also increasing their follower count, make tweets and posts about their project. It's no longer free, is it?

Not if you consider the following things. Bounty hunters don't merit other bounty hunters for the reports they post. They are mostly newbies or Jr. members having only 1 merit, so they can't send any sMerits. Bounty managers of altcoin campaigns will surely not merit bounty reports either. Merit sources and those with huge stashes of merits don't go searching for merit-worthy posts in bounty threads or the altcoin boards in general. That very much limits such users from receiving any merits.   

The merit system is equally fair on everyone. If I (a legendary) like your post, I merit you. If a Jr. member likes my post, he merits me. Both those merits are the same, and my legendary merit or status doesn't have any greater importance than that of a Jr. member when it comes to the ability of meriting and being merited. Any member on the forum can get merited and can merit others if sMerits are at hand.

A proposal to not allow users who have less than 10 merits to upvote or get upvoted is the opposite to how the merit system works. That would mean that if I like a post made by a newbie, I wouldn't be able to upvote it. If he likes a post made by me, he would also not be able to upvote my post. That's newbie jail.

Good catch. He didn't even bother making unique usernames, that's how little he cares. Probably a bad attempt to get a merit by voicing his opinion.

I am sure many people would leave exactly for that reason, but they are not willing to share that info.

Elon Musk and his negativity about bitcoin’s non-eco-friendly mining process gained plenty of media coverage this week. But something else happened a few days ago that certainly affected the whole market.

The stablecoin Tether published a report that shows their entire reserves breakdown until 31 March 2021.

This is how it looks:



We know that Tether has claimed that all of their USDT tokens are backed by actual cash deposits. Throughout the years, they have changed this claim to say different things, though. Looking at the pie charts they made public, we can see that their whole reserves aren’t backed up by cash and cash equivalents.

“Cash & Cash Equivalents & Other Short-Term Deposits & Commercial Paper” take up 75.85% of their reserves. But how much of that is actually backed up by cash? According to the chart, only 3.87%.

The biggest reserves of over 65% are commercial papers. This category should represent some type of securities. According to the source, a similar type of commercial papers was part of the problem that led to the bankruptcy of Lehmann Brothers, which signalled the beginning of the financial crisis of 2008.

Wall Street investor Caitlin Long, who has defended Tether many times in the past, was critical of Tether’s choice of assets to keep as reserves. If Tether wanted to keep the risk for users as low as possible, she believes that government bonds would have been a much better choice. The commercial papers introduce a credit risk that could result in USDT no longer being pegged to the USD. Instead, Tether went for “commercial papers” to profit on the interest rates. According to the same source, a 1% interest would net the company a profit of $582 million annually.

If that is true, Tether makes money with the funds users invest when they buy USDT but leaves all the risks on the users by keeping inadequate reserves.


What is your opinion on this?
Is Tether cancer we have to get rid of for bitcoin and the crypto market to have a prosperous future?
How big of an impact do you think this Tether disclosure had on the recent downtrend of bitcoin and the whole market?


Source: https://bitcoinblog.de/2021/05/17/nicht-so-prickelnd-aber-auch-nicht-so-katastrophal-tether-veroffentlicht-zusammensetzung-seiner-reserven/

The time to sell or exchange your bitcoin for a stablecoin passed a week ago when bitcoin was still in the $50k regions. Doing it now at below $40k doesn't make much sense especially if you are taking a big loss. I know people who held on to their coins after buying them at the top of the 2017 bull run. They did nothing when it came falling down to $3-4k. On the contrary, they kept accumulating and waiting for better days. Don't sell now unless you absolutely need that money. 

Your OP and this part of your last post that I quoted are contradictory. In OP, you are suggesting that you want to move your assets away from Trust Wallet. But in the last post, you mentioned that you sent ETH two more times to your Trust Wallet. On top of that, you also purchased some ETH and added those coins to Trust Wallet as well. Why would you send additional coins to a wallet you are planning to move coins off of? Or did all that happen before you decided to look for an alternative wallet.

Can't you track your portfolio through Trust Wallet? Each wallet should have basic functionalities like displaying the amount of coins you have and their equivalent value in fiat. Do you have to keep track of everything through CoinStats right now in this crazy period? I have seen 700 GWEI being recommended today for ETH transactions. The network fees are not as high right now, it still makes little sense doing transactions that aren't of the utmost importance.        

And if theymos doesn't answer those questions of mine

Good thinking! I also got the feeling from reading the goodbye thread that someone was on to her or made a serious threat that made her quit.
Therefore, the option "Personal safety, privacy and/or taxes" has been added to the poll.