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June 14, 2024, 02:49:00 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
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1  Bitcoin / Bitcoin Discussion / Re: Are cold wallets safer than online exchanges? on: June 13, 2024, 09:27:04 PM
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I'm interested to hear the thoughts of others.

I noticed you just joined our forum  - welcome! With a fresh set of eyes, you likely havent had the chance yet to poke around previous threads on securing your crypto holdings.  So let me drop some wisdom real quick. 

Cold storage wallets? Definitely the move for stacking sats long-term.  Exchanges make sense for active trading because convenience.  But for hodling? Nuhuh.  Not your keys, not your cheese!

If you are just dipping your toe into crypto, Id take a scroll through old threads about cold storage and hot versus cold wallets.  Plenty of handy know-how already up in here to help a newcomer.

Stay curious my friend!
2  Economy / Gambling discussion / Re: Casino/gambling center near an institution of learning? on: June 13, 2024, 08:49:55 PM
Legal restrictions often prevent gambling joints from setting up shop too near schools or colleges.  The concern is that having temptations like betting and slots so close could sway impressionable young folks in the wrong direction.  We all know folks can get hooked on gambling and losing their money and  probably hits young people even harder.   So its best to keep that flashy casinos or whatever at a safe distance from the college kids, right? Just seems smarter.
3  Economy / Trading Discussion / Re: Open source cryptocurrency trading bots on: June 13, 2024, 08:37:23 PM
I dont have personal experience working with trading bots, but I think Octobot is also a popular open source trading bot you can explore.
https://github.com/Drakkar-Software/OctoBot

It is is written in Python and is highly customizable. I set it up once but never had time to test it in more detail with different trading strategies.
4  Economy / Gambling discussion / Re: Trading or gambling? on: June 12, 2024, 09:04:25 PM
Trading have even more risks compared to gambling although the both requires money for us to participate and there is always a strategy. Although in most of the bets we play, there is no need for any strategy and one can actually make money if we are lucky enough to win and make money for oneself. This is big difference between gambling and trading and they have similarities that makes the two unique depending on the actual person that is involved. There are more gamblers than traders because gambling so not always requires a skill compared to trading that requires full skill for one to successfully make money.

I get what you say about trading having risks more than gambling, but I dont fully agree.  The way I see it, with gambling, the game is kinda rigged against you from the start and casinos have the edge built into all those games to put the odds in their favor over time.  But with trading is not like that.  You can win or lose based on your own smarts and the kinds of plans you make. 

And here is another big thing - with gambling once you put your chips down or pull the lever, thats kinda it.  The outcome is out of your hands.  But with trading, you have more control to limit losses with things like stop-losses or to manage the risk.  Plus you get to choose what you trade, unlike gambling where its total luck.

So I get they both have uncertainty but trading seems way less stacked against you and more about how good your strategy is.
5  Economy / Speculation / Re: Some bad uses of bitcoin. :'( on: June 12, 2024, 07:40:27 PM
OP, I think there are some misunderstandings about Bitcoin in your post.  You are correct that it gives some anonymity, but all the transactions end up recorded on a public ledger that anyone can see.  So people can see the quantity and movement of coins from one address to another.  Law enforcement agencies even use blockchain analysis to trace questionable transfers and pinpoint illegal stuff going on.

That sort of tracking is really tough, if not impossible, when people use physical cash
6  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you think memecoin can turn into a token with utilities? on: June 12, 2024, 07:26:53 PM
Yeah, some memecoins actually do have some usefulness, even if they started as a joke.  Take dogecoin - it began as a total meme joke about a viral dog picture.  But now it has gone legit in a few areas.  Folks use it for tipping creators on social media or whatever.  A few online casinos taken dogecoin too for bets and some companies now even let you buy real physical items with your stash of dogecoins! So turns out some of those silly coins can evolve past the whole joke phase and become kinda practical.  But not all of them are created equal.  Most are fueled by short-term hype and manipulative tactics. These pump-and-dump schemes aim to inflate the price artificially through celebrity endorsements or social media campaigns, only to leave unsuspecting investors holding the bag when the bubble bursts.
7  Alternate cryptocurrencies / Speculation (Altcoins) / Re: $26,000 to invest, any suggestions? on: June 09, 2024, 08:36:34 PM
wow,,, $26,000 is a fantastic amount if invested with crypto, but the most patent crypto to invest in is bitcoin, ethereum, binance, solana and tether, because these coins have high potential to be able to provide greater profits in the future,

What profit potential do you expect from Tether? It is stablecoin, pegged to the US dollar, right?  It is not meant to skyrocket in value, it is supposed to stay flat.
8  Alternate cryptocurrencies / Altcoin Discussion / Re: Why are altcoins important? on: June 09, 2024, 06:59:37 PM
Scam, death both have in altcoins market so why you want investing altcoins?
My opinion buy dip and sold faster on some profits like to be best revenge for all altcoins investors!
What's your skills and opinion? 

Please keep in mind that around 50% of the total market capitalization of all cryptocurrencies consist of altcoins, indicating that these projects have significant communities and investors in such altcoin projects. While it is true that there are bad actors in alcoin sector but it is not fair to label all altcoins as shit or worthless coins. For instance, Ethereum is also an altcoin which holds around $64 billion on its ecosystem. This indicates its leading role in crypto landscape due to its strong real life use case.

Market cap is more like a popularity contest than any real promise of worth.  With thousands of altcoins to pick from, most are empty promises or downright frauds and  even if a buncha folks toss money at something, whos to say it will pan out.  Ill give you that some altcoins might make good, but big communities dont always mean true usefulness in the real world.  PEPE, for example? Come on. You cant seriously think that meme coin is worth over $5 billion.
9  Economy / Scam Accusations / Re: Urgent security alert: Over $1 Million stolen from FreeBitco.in on: June 09, 2024, 06:35:22 PM
Dear Community,

I am writing to alert everyone about a recent significant security breach involving FreeBitco.in and Dplay, resulting in the theft of over $1 million.
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How do we know this isnt just a smear campaign?  You throw around a million-dollar accusation without a shred of public proof.  If you have legitimate evidence of a breach, share it.

If you did actually try contacting them and got ignored, thats a separate issue. But unsubstantiated claims are useless.
10  Other / Meta / Re: A humble suggestion! on: June 09, 2024, 06:27:44 PM
As far as I know, it was mostly completed a few years ago. Soooo... it should be out any day now.  Im sure of it!  Wink
New forum software child board is where we can discuss new ideas to develop and improve the new forum software.

Yes, but I dont really see the point in proposing new features and discussing new ideas if the development of new forum software is currently at a standstill. Its been years since theymos said new software was mostly done so we should have seen some development by now.  I can only assume that the whole idea has been abandoned.
11  Bitcoin / Mining / Re: For those of you who know anything about BItcoin, I have a request for help. on: June 08, 2024, 09:13:50 PM
I know a little bit about mining, but recently I found a mining program
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Well now, hold on just a second! You recently stumbled upon a sketchy mining program on a random website that is most definitely a scam, and coincidentally, you chose to make this forum account using the same name? Come on get real.  That seems totally legit... not! 

Havent you heard? Web mining scams went out ages ago.
12  Alternate cryptocurrencies / Altcoin Discussion / Re: Didn't buy Bitcoin in 2009? Get a second chance! on: June 08, 2024, 09:01:28 PM
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To purchase ZRN coins at the lowest price, write to ~ To connect to mining, also write to ~

You tellin me all I gotta do is shoot off an email to Prince Moneybags at NigerianScam123@gmail and he will cut me in on the ground floor of the next Bitcoin? Call me a cynic, but color me doubtful.  Last time I threw my wallet at an offer that sketchy, all I got in return was moths. Cheesy

Now if youll excuse me, I gotta go rearrange my stamp collection - at least that garbage is legit!
13  Bitcoin / Wallet software / Re: My BtC was stolen on Blockchain.com on: June 08, 2024, 08:28:21 PM
The transaction occurred 4 years ago at 2020-10-01 02:59. Why are you posting now?
The date just caught my eye now. From the screenshot and the price I see in that place, the screenshot was taken recently. Maybe the Op was one of those who bought bitcoin back then to hold for a long time, and he just happened to check the wallet recently and notice that his holdings have already been moved out.
 
Such a pity after waiting for so long, and the profit that could have been made as a reward for his patient was all wiped out.

It is very unlikely that someone would buy such a significant amount of Bitcoin, leave it in a web wallet, and not check the balance for nearly four years.  Besides, the OP already mentioned this happened in 2020 and that he has "always" been puzzled about how the coins were stolen.



BlockChain.com is a centralized exchange. I remember the website does not provide seedphrase export, only a recovery key for password reset. This happened in 2020 when BTC prices were very low. What has always puzzled me is how they managed to get my SMS code.

@OP,  just to correct you here: BlockChain.com actually offers both services - a centralized exchange and a non-custodial online wallet. You can easily move your funds between them at any time.
14  Other / Meta / Re: A humble suggestion! on: June 08, 2024, 08:03:55 PM
Man, I really hope that New Forum Software is going to be released soon.  I betcha it's only a matter of weeks, right?  Right?

As far as I know, it was mostly completed a few years ago. Soooo... it should be out any day now.  Im sure of it!  Wink
15  Bitcoin / Electrum / Re: How to Restore von Paper Wallet to Electrum Wallet on: June 08, 2024, 07:55:33 PM
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Please give me your advice. Many thanks and regards, Tom

I see that you have now edited your post and now it says that you have all twelve words of the seed phrase.
Assuming you have entered all the words without error and if it is a valid BIP-39 phrase, you should be able to click on the "Next" button and the screen should look something like this:



However, if you still cannot proceed, there might be an issue with your seed phrase (the checksum doesnt match). As others mentioned, in that case, it would be helpful to know how you generated your wallet and seed phrase initially.
16  Economy / Service Discussion / Re: Any reliable web hosting service that guarantees minimal downtime? on: June 08, 2024, 07:39:39 PM
Could you please advise me on how to locate a provider that offers premium shared plans alongside their basic options as advised by you?

Unfortunately, I cant be much help with that.  The hosting company I currently use for a few low-traffic websites is overpriced for what it offers and not very reliable.  Honestly, I would not recommend it to anyone.  The problem is, Im just too lazy to move my website elsewhere right now.  Grin  The research I did on web hosting deals a few years back is outdated by now.  All those deals are probably no longer valid.

However, I can point you in the right direction! Check out specialized forums like webhostingtalk.com. You will find tons of current hosting offers, recommendations for good hosting providers.  Plus, you can ask your question directly on the forum.

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Thanks once again for your advice and effort; it's truly invaluable. May the Lord bless you and reward you.

No problem. If you have any other question, fire away!
17  Other / Meta / Re: A humble suggestion! on: June 07, 2024, 09:31:38 PM
You might want to check my telegram bot for notifications:

https://bitcointalk.org/index.php?topic=5248878.0
Wow! You've done an amazing job developing this Telegram bot. Kudos!  If so many people are facing this issue, I wonder why these features aren't provided within this forum itself?

In addition to the Telegram bot, TryNinja has also developed another fantastic tool for the community: ninjastic.space. Basically, it's like a search engine for the forum. Just type in your username, and it will efficiently locate all posts where you're mentioned or quoted.
18  Economy / Gambling / Re: Are there any good betting websites for the upcoming Euro on: June 07, 2024, 07:26:36 PM
OP, I get that folks have suggested some gambling sites already.  But maybe those didnt quite hit the mark for you.  What were you hoping to find in a betting platform that you havent seen yet? Anything particular on your wish list feature-wise or vibe-wise?

Im curious what hasnt worked so far when you checked out sites people talked up here.  Was it the interface or types of bets or odds or what? Getting more specifics might make it easier to offer betting sites you havent considered yet.  There has to be something out there that caters more to your interests and style.
19  Economy / Gambling discussion / Re: Have you lost the money that you where supposed to withdraw from online casino? on: June 07, 2024, 07:01:07 PM
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I gotta say, turning $15 into $500 takes some major luck and skill.  Id be over the moon too if that happened to me.  But man, getting sucked back in and losing it all? Brutal.  I think casino sites know exactly what they are doing with tactics like delayed withdrawals.  They reel you right back in.

For next time maybe have a withdraw threshold and if you hit it,  stick to it, no matter what!  Ive been there though, so no judgment! Just gotta get a system so it doesnt happen again.
20  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Hello on: June 07, 2024, 06:54:03 PM
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Replacing Bitcoin is not going to happen that easily, thats for sure.  I just cant imagine some other coin knockin it off its throne.  Bitcoin is the OG, the one that made digital money possible and it has seen some wild highs and lows over the years but it is still standing strong.   

Now dont get me wrong, I know what some of these new kids on the block are doing with all their bells and whistles.  Could be they end up matterin someday, who knows.  But for me personally, nothing beats Bitcoin's raw simplicity and battle-tested cred in my book.  Maybe Im old school but to me the original is still the best.
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