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June 14, 2024, 01:46:12 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
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1  Economy / Gambling / Re: 🚀-Sportsbet.io-🚀 Official Partner of Newcastle United Football Club on: June 13, 2024, 02:57:28 AM
You have high hopes for Italy, but if you ask average Italian they dont have a lot of expectation from their team in this EURO.
Maybe they just dont like Luciano Spalletti, but I dont think their attack can reach the final stages of competition this time.
England should go far this time, I think they have one of the best teams in the world.
Italy don't have many star players recent years but with success of Italian clubs in Europe in two latest seasons from Champions League, Europa League, Conference League, I believe it is too early to forget Italy as one of strongest competitors in this Euro.

Italy are clearly not a strongest team in this Euro and not a most favorite national team to win this Euro but they are competitive enough. First they must take a ticket in their tough group with Spain and Croatia then we can discuss more about Italy in knock out matches. Both Spain and Croatia are not weak but any of them might have to go home after group matches. Spain look to be a strongest team in this group and Italy will have to directly compete with Croatia for a second position.

The odds for England is too funny and abnormal very high but with problems in their squad and player choices from Southgate, they will not have an easy Euro. They are no longer a host in this Euro and as a runner-up from Euro 2020, with this high odds from sportsbook makers, they will get more attention from opponents and have more difficulties than the last Euro.
2  Economy / Gambling / Re: Playgram - The Telegram Casino: Claim your VIP Spins now 💎 on: June 10, 2024, 05:07:45 AM
I can not speak for the management but it's clear that the who idea of Playgram is to make your gambling experience more entertaining for mobile device users. According to statcounter 60.08% people user mobile devices which is the greater percentage than desktop and tablet.
Nowadays, people are using mobile devices more than ever before and developments of companies, projects switch their main focus on mobile devices. They can have both versions for computer and mobile devices but if they deploy new products, they will focus their tests firstly with mobile as it will help them to reach to more users. Computer or web version will be at lower priority in their development and tests, QA/QC procedures.

It is more true with projects with limited human resources for development of product and product testing.
3  Bitcoin / Electrum / Re: Confused with wallet recovery on: June 10, 2024, 01:26:48 AM
So I go into electrum do a standard wallet recovery type in the 12 words, they all are auto filled, but after the last word it tells me it’s a 2FA wallet.
In Electrum, when you recover your wallet from seed phrase, you will have to do following steps.

Create new wallet
Type wallet file name
Choose what type of wallet do you want to create?

At this step, you have to choose one of following types.
Standard wallet
Wallet with two factor authentication
Multi-signature wallet
Import Bitcoin addresses or private keys

If you choose Standard wallet, in the recovery process, it won't turn to be 2FA wallet.

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Okay so I go back and do 2FA recovery. I don’t remember setting up 2FA but it works
It won't work.

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and I go to the next step, it asks for an Authenticator number, I open the Authenticator app and type in the number next to trustedcoin, says it’s the wrong number, click the button for a one time password, scan the qr, a new trustedcoin is added to my Authenticator and it works I’m in the wallet.
If you did not know how you set up your 2FA wallet, don't have back up, how did you recover it and say it works?

You only can turn off 2FA in your wallet and will get same wallet without 2FA.

After you input your wallet seed phrase, you will go to Restore 2FA wallet, there will be 2 options, Keep and Disable.
To turn off 2FA, choose Disable.

Recovery Wallet 2FA Electrum










4  Economy / Services / Re: [OPEN] SWGT Signature Campaign 🔥 Binance #SWGT & CERTIK Audited on: June 10, 2024, 01:11:14 AM
Forum Rank: Senior Member
Bech32 address: bc1qt39u87edtwll88ezzhu9twdx4rf5dld3f2hzz8
5  Economy / Trading Discussion / Re: JJG's Bitcoin Investment Ideas (Sustainable Withdrawal / Portfolio Maintenance) on: June 09, 2024, 02:34:46 AM
Yeah, but I don't base my own actions on spot price, unless you are considering some kind of a raking that you might want to do. and surely, with something like raking, you can set various prices that you would like to make withdrawals, such as every time the BTC price goes up 30%, you withdraw up to 3% of your BTC holdings.. again that would presume that you have overly accumulated and you are not necessarily withdrawing to buy back but instead you are selling in order to rake off some profits - and yeah, 3% every 30% might start to add up to selling way more BTC than you would have had wished, unless you had already decided that you had reached a status of over accumulation of BTC.
Consider to withdraw when Bitcoin price goes up 30%, then withdraw 3% of BTC in portfolio.

Could you explain more like you will withdraw by selling 3% of your bitcoin in portfolio when BTC price goes up 30%?

My thinking for it is

I will sell my bitcoin, wait for price correction to like 5% or 10% and buy bitcoin. By this I will have +5% or +10% more bitcoins, and I will withdraw it with 3% of a new number of bitcoin in my portfolio. I will have +2% or +7% more bitcoins after that withdrawal round.

What do you think?

If I worry that I take profit too low, I will wait for BTC price rise like 50% to use this strategy.
6  Bitcoin / Electrum / Re: Electrum... on: June 08, 2024, 03:51:27 AM
To use Electrum wallet, you don't need to dig too deep technically like this.

Electrum wallet software builds up its own word list and BIP39 was introduced 2 years after Electrum.
https://electrum.readthedocs.io/en/latest/seedphrase.html
bip32 wallet structure for electrum
Why you cannot enter an arbitrary seed in Electrum

It's more important to verify your download before use Electrum wallet.
[GUIDE] How to Safely Download and Verify Electrum
Unofficial guides for Electrum wallet from a third party site.
BitcoinElectrum.com
7  Economy / Gambling / Re: ✨ Shuffle.com | The next generation of crypto casinos | Sports, Casino + token on: June 05, 2024, 04:15:38 AM
Wagered volume on Shuffle chart is shared on X.



Since less than $250M in September 2023, wagered volume increased to $500M since March 2024 and still maintained the high volume above $500M in last three months. In March and April, the wagered volume figure is above $1B and only dropped back under $1B in May but it's not too far from $1B figure.

With potential of bull run in cryptocurrency next months, Shuffle.com platform has its potential to get more customers, more wagered volume and $1B will be a never look back figure soon. Many months, with rapid growth, we now can say wagered volume figures such as $50M or $100M a month are like never look back volume figures.
8  Bitcoin / Bitcoin Discussion / Re: Is bitcoin gradually turning away from its purpose? on: June 05, 2024, 04:06:11 AM
Anything that has a value and that value increases A LOT during its lifespan is going to attract a lot of investors.
Bitcoin is an inspiring and attractive story for taking risk, investing with few cents, holding it 5 or 10 years and becoming millionaires or billionaires. It's very easy to tell story from the past but people who did not take risk, did not invest in the past can not understand story they are telling. It is only click bait story if they did not experience it and did not understand risk, uncertainty on future of Bitcoin in past years.

Bitcoin x pizza story, a man sold a family house to all in invested in bitcoin and are traveling around the world, many stories can be told but only people in those stories understand what happened.

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That doesn't mean that thing stopped being what it was meant to be. Bitcoin is one of those things. Just because people are enjoying their increased "purchasing power" as their money (ie. Bitcoin) is increasing in value, it doesn't mean Bitcoin is no longer money.
People who has and use bitcoins can change their styles but Bitcoin blockchain is itself and it simply does its Proof of Work confirmations for people transactions.

What is style change in using bitcoin, the satoshi per dollar chart shows that Bitcoin is recognized more and gaining higher value.

That happens to every popular currency. Many people in my country still “invest” in the USD for example. USD is a currency, people use currencies to buy stuff, to send money, investing in a currency usually doesn’t make any sense unless your own national currency is completely crap.
In cryptocurrency market, some people say they invest in stable coins.

USD has its value is 1 USD = 1 USD, sorry this example is funny like 1 bitcoin = 1 bitcoin, it's true forever. The exchange value of 1 bitcoin or 1 USD to another national fiat currency can be different with time. It's exchange value, exchange ratio with another fiat currency will depend on many factors, like demand and supply balance, national economic situations in two countries (USA and that country).
9  Economy / Gambling / Re: Playgram - The Telegram Casino: Claim your VIP Spins now 💎 on: June 04, 2024, 02:58:00 AM
Abusers always use throw-away accounts. I remember with one of the casino who offered no deposit bonus, there were over 19k or 20k accounts registered in two days I guess and almost all of them were fake accounts just to claim the bonus.
They will be detected by the casino system. It's not easy for them to pass through many layers of security and cheating detective tools on system of the casino.

The casino can launch the welcome bonus program with easy tersm, but practically they must think deeply and add more terms to avoid abuse, though they have many tools to detect multi accounts and will refuse payment for farm accounts from abusers.

If they don't have any tool for multi account detection, their platform can be abused and collapsed, run out of money before the easy Welcome bonus program. The wave of 19k or 20k accounts come and try to cheat can be real but I believe very few of them can claim bonuses.

The pain for platform operator is by launching an easy program, they will face with many noise, accusations later from cheaters that failed to claim bonuses.

Programs must be designed strict, careful and with consultation with experts to minimize risk of getting exploitation, noise, accusations.
10  Bitcoin / Bitcoin Discussion / Re: Bitcoin can save you against inflation if you invest in & hold it some years on: June 04, 2024, 02:46:56 AM
I don't think that actually, even when I started here in this bitcoin industry. All I know is that Bitcoin and other cryptocurrencies are a good opportunity.
Bitcoin or altcoins, they are all risky investment choices for your portfolio but Bitcoin is safer than altcoins. Risk with altcoins is bigger than risk with Bitcoin, first because of capability and dedication of their founder, developer teams on project developments; centralization of those projects and blockchains; fundamental risk from their protocol.

Proof of Work has less risk than Smart Contract and big PoW blockchain will less likely be attacked, reversed than with Smart contracts or PoS blockchains.
https://howmanyconfs.com/

I am always skeptical on security of Smart contract and PoS blockchains.

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We know that BTC is good for long-term investment. Of course, when you make money with Bitcoin, that means you don't notice or think about inflation.
You don't invest if you don't see risk from inflation and its effect on your wealth. Because you see risk of inflation and its impact on your wealth, you find chances to invest your money, to be less affected by inflation. You don't ignore inflation even you are a Bitcoin investor.
11  Bitcoin / Bitcoin Discussion / Re: What is bitcoin future roles in Finance? on: June 03, 2024, 07:08:20 PM
1. Decreased in transactions: this is simple and self-explanatory of bitcoin becoming the main source of higher transactions in the future. The traditional banks will have a reduction in people that transact with them, and that is capable of causing them low revenue for the banks, which will make it very hard for them to sustain and run the banks.
Bitcoin has its cap in block size and maximum transactions per block and if Bitcoin protocol won't have upgrade, it will not be able to handle massive new demands from bank users who switch from bank systems to Bitcoin blockchain.

Bitcoin will be competed by altcoin blockchains with cheaper transaction fees and higher TPS (transactions per second). I love Bitcoin but this fact can not be denied. Bitcoin takes out customers from bank systems but altcoins will take many users from Bitcoin too. For transactions, they will choose what gives they cheaper transaction fees if the transaction value is not big enough, to force them thinking of security and risk of reversibility of their transactions.

Quote
2. Security and fraud from scammers: traditional banks will be in danger from scammers, so they have to increase their security measures in order to be protected against some bitcoin-related fraud because bitcoin is something that requires knowledge, and many scammers are trying to use this opportunity in other for them to scam other people who are willing to join.
Scammers can scam in both bank system and Bitcoin blockchain or altcoin blockchains. It's wrong to say they only can scam in bank system and can not do the same with Bitcoin blockchain or altcoin blockchains. People who lack of knowledge or are careless will be more easily scammed with any system.

Bitcoin can not do everything, replace bank system, fix economic problems, beat scammers, it can not be a magic tool to do everything.
12  Economy / Gambling / Re: ✨ BITCASINO - Elevate Your Gameplay 💎 #1 VIP Crypto Casino ✈️ on: June 03, 2024, 02:38:31 AM


UEFA EURO 2024 fixtures: When and where are the matches?

UEFA Euro 2024 tournament will kick off on 14 June 2024 and we are counting down very last waiting days till its start. You can guess the champion with Bitcasino platform.
https://bcsite.io/GuessTheChampion

I see some good candidates for the title: Germany, France, Spain, England and Italy. What do you think and what's your choice?
13  Bitcoin / Bitcoin Discussion / Trump accepts Lightning Network for donation of his campaign in Bitcoin on: June 03, 2024, 02:31:07 AM
It is the first time ever a President nominee in the USA accepts Bitcoin donation for his campaign by Bitcoin Lightning Network.

Trump Becomes First President To Accept Bitcoin Lightning Payments For Campaign Donations.

The team of Trump's campaign accept it by partnering with Opennode. I don't judge anything about Trump and his team but I see he is actually a creative man and proved it through his life and business career as well as political career recent years. He doesn't refuse to accept anything, even it is very new, if it can potentially helps him to get benefit.

https://txstats.com/d/000000012/lightning-network?orgId=1&from=now-7y&to=now
Number of opened channels drop but Sum of channel value recovers and increases since September 2023.
14  Economy / Speculation / Re: Can Bitcoin reach another new ATH before the bull run begins? on: June 02, 2024, 02:55:58 AM
The potential is definitely there but this potential doesn't seem to be able to turn into momentum because of the weird sell pressure that continues to exist due to the terrible economy that exists around the world and is worsening as the recession deepens.
Since the pandemic, it's nearly five years (6 more months till the complete five years) since its outbreak in Wuhan China, the whole world economy is in crisis. There is no exception in any country because the world now is flat with digitalization and globalization.

Governments try to mislead us with terms like Technical recession, soft landing but the fact is citizens are suffering a lot with what has been happening last five years. Whatever term and announcement they use, Technical recession or recession; hard landing or soft landing, citizens actually don't feel comfortable with their lives and finance recent years.

Quote
We can "touch" the ATH again in the near future but I don't think we can expect a bull run anytime soon. At least no in the same way as we are used to when we talk about "bull runs".
People lack of patient characteristic to succeed in this market. They want to see the bull run comes as fastest as possible and feel like they can not wait some more months to see bull run.

For people who don't have good finance, borrow money to invest, have bad finance, risk and capital management, I can understand their lack of patience because they don't have much time for waiting. For people who belong to another type of investors, invest with own money, it's bad if they don't understand market cycles, psychology cycles, and can not wait a bit longer time to enjoy bull runs.

Even this cycle is different than past ones, bull run will come when most of people feel tired and gave up.

15  Other / Politics & Society / Banks are used for criminals, will governments ban banks? on: June 01, 2024, 09:51:52 AM
The most common reason governments say when they announce to ban or sanction anything in blockchain and cryptocurrency is "It is used for criminals".

See what banks are used for?
For criminals.
And how much some parent companies of banks had to pay for penalty?

https://violationtracker.goodjobsfirst.org/prog.php?major_industry_sum=financial+services

Quote
Violation Tracker Industry Summary Page

Industry: financial services
Penalty Total since 2000: $388,802,802,308
Number of Records: 7,734

Note: The totals include only those entries matched to a parent company. The industry designation is the primary one for the parent's operations overall. The totals are adjusted to account for the fact that each parent's entries may include both agency records and settlement announcements for the same case; or else a penalty covering multiple locations may be listed in the individual records for each of the facilities. They are also adjusted to reflect cases in which federal and state or local agencies cooperated and issued separate announcements of the outcome. Duplicate or overlapping penalty amounts are marked with an asterisk in the individual records list below.



The total paid $ for penalty is $388.8B, it's not small.

The discussion can start with

Why governments don't ban banks even banks are used for criminals?
Why governments don't ban knife, gun, email producers/ companies because they are used for criminals?
16  Economy / Gambling discussion / Re: Summer Olympics 2024 on: June 01, 2024, 04:08:28 AM
This topic will be used for posting predictions, news and for talking everything about Summer Olympics.
Before predicting, people can spend some time to look at Tokyo Olympics 2021 with some stats and charts.
https://www.kaggle.com/code/ankitkalauni/tokyo-olympic-2021-starter-clean-eda

You can see them all with the given link and a note is in this 2024 Olympics in Paris, Russia and Belarus are not invited and allowed to participate in.

Q&A regarding to Russian and Belarussian athletes in Paris 2024 Olympics
17  Economy / Gambling / Re: 🚀-Sportsbet.io-🚀 Official Partner of Newcastle United Football Club on: June 01, 2024, 02:26:22 AM
The UEFA Champions League final match will happen soon and odds for Real Madrid and Dortmund are like this.
https://sportsbet.io/sports/soccer/matches/today

You will win big if you choose Dortmund for this final but Dortmund only have three Champions League final matches so far, with two past final matches, they won 1, lost 1.

Real Madrid are more experienced than Dortmund with many final matches, with 14 won final matches (14 titles), and there are 3 times they failed (3 runner-up seasons). They have 17 UEFA Champions League final matches and have winning rate is 14/17 or 82.3% of winning rate, that is very high.
https://en.wikipedia.org/wiki/Real_Madrid_CF
https://en.wikipedia.org/wiki/UEFA_Champions_League

Do you choose Dortmund or Real Madrid for your bet?
18  Bitcoin / Bitcoin Discussion / Bitcoin can save you against inflation if you invest in & hold it some years on: May 31, 2024, 05:55:57 AM

Price of a house in the USA, I don't know how accurate this graphic is.

The USA. national debt is $34T today and it was only about $10T in 2023. The national debt increases 300% within one year, it's amazing 'success' from government and central bank in the country. It won't stop there because the debt ceiling will be raised again next year.
https://fiscaldata.treasury.gov/americas-finance-guide/national-debt/
https://www.pgpf.org/national-debt-clock

You can try to save your money from your jobs in bitcoins and prepare for your wealth and retirement earlier than if you work days by days without bitcoin in your savings and investment portfolio.
19  Other / Beginners & Help / Re: Please be careful when you download anti-virus on: May 31, 2024, 03:04:31 AM
Warez, crack softwares and others are really dangerous to crypto investors, specially if we have big amounts in our wallet and we uses our laptop that have our crypto for every day use. Before I used to download a lot from this crack sites, but that is before my crypto journey and it really mess up my laptop and I have to re-format it several times.
Cracked softwares are risky and we without technical skills, can not know what the sellers do with their crack tools. We install the software, their crack tools on our computers and what the hell will happen next. We only know when it happens but at that time, our money was stolen already and it's too late to know the risk. Money gone first, know risk later, it is not helpful at all.

I use Windows. I had no problems while using it. But I have been suffering from a problem for the last two months. When I downloaded anti-virus, it downloaded a virus, which gave me a lot of trouble when browsing the internet.
Windows is a most commonly used OS and it is a most favorite targets of hackers.

If you can use Linux, it's good because you will have more threats on Linux OS, as said hackers will build their malicious packagers to aim at OS with biggest user base.

Links shared in OP make me feel that these websites are not from official ones of these companies but from community sites, where they share cracked softwares.

Downloading anything, any file from strange websites is high risky practice and I will avoid it with all cost. I am more aware of potential threats if that practice is to download softwares.

10 ways to avoid phishing scams

Code:
avast-securedownload.com (Avast.apk)
bitdefender-app.com (setup-win-x86-x64.exe.zip)
malwarebytes.pro (MBSetup.rar)
First two links are red flags clearly with -securedownload and -app as part of their domains.

The last link is not obvious red flag but it's not popular to see website with .pro in their domain name so I will be careful with it.
20  Bitcoin / Electrum / Re: Electrum 4.5.5 released on: May 31, 2024, 02:55:31 AM
[Guide] Verify and download Electrum wallet
The paranoid user's security guide for using Electrum safely.

Two topics that can help newbies to learn and practice important steps when they use Electrum wallet. If cygan can add it to OP, I think it will be helpful for newbies who find this thread by chance and don't know about two given threads.
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