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September 29, 2020, 02:13:40 AM *
News: Latest Bitcoin Core release: 0.20.0 [Torrent]
 
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1  Economy / Collectibles / Re: [Auction] ~<1 hr~ LTC Acrylic | SE Penny ROLL | Corrosive #8 | Genesis Ltc #1 on: September 26, 2020, 11:13:26 PM
Congrats tweetious. 0.015BTC was my limit and it's one kind of a extremely great deal for a very rare roll from BCP!
2  Economy / Collectibles / Re: [Auction] ~<1 hr~ LTC Acrylic | SE Penny ROLL | Corrosive #8 | Genesis Ltc #1 on: September 26, 2020, 10:50:19 PM
Lot 2 : 0.014BTC
3  Economy / Collectibles / Re: [Auction] ~<1 hr~ LTC Acrylic | SE Penny ROLL | Corrosive #8 | Genesis Ltc #1 on: September 26, 2020, 10:49:27 PM
Lot 2 : 0.012BTC
4  Economy / Collectibles / Re: FREE RAFFLE- Satori Chip/Coin - Happy Days ! on: September 24, 2020, 08:25:32 PM
82 - Heisenberg

Thanks for the raffle Mbitr and as always let the force be strong with everyone during these tough times!

Good Luck everyone. 
5  Local / India / Re: [ANN] Coinfeed.in - The Indian alternative for coinmarketcap on: September 11, 2020, 06:41:06 PM
@welovedcrypto, thanks for asking both these questions. I spoke with Gabru regarding these cases and I have got an answer. Regarding the first one,

why 24 hours volume and volume in % is showing  Not Disclosed?
Pocketbits doesn't disclose the 24 hr trading volume and percentage of the coins which are present there. This is the sole reason why we are seeing "Not Disclosed" status for Pocketbits.

Also, under Blockchain Ecosystem, you have added Binance and BitMex in Investors list but they are not investors, right?
No, both the companies are indeed investors. Binance bought WazirX which made them an investor and Bitmex has invested in Mudrex which is an Indian Company. Here is a link of Mudrex for your reference : https://mudrex.com/
6  Economy / Services / Re: [OPEN] BestChange Signature Campaign | Sr Member+ on: September 09, 2020, 04:38:17 PM
Thanks for reducing the minimum number of posts to 10 as this will never push anyone to post a certain number of higher posts (20-25) per week. Speaking about myself, I only post what I think will add something meaningful to the discussion and I have failed in many campaigns to reach the minimum 25 which eventually made me to be removed for the following weeks. But yeah, this is how I post and I don't really want to post some random spam (which has been discussed already) to receive my pay for the week.

#Proof Of Authentication
Bitcointalk Name: Heisenberg_Hunter
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1564795
Current amount of Posts (Including this one): 1169
Amount of merits for the last 120 days: ~50
BTC Address: 15j7YNczxPnuTUYEufWTu2nKbSvK2TyMEh

Will change avatar and signature upon acceptance.  Smiley
7  Economy / Collectibles / Re: [Free Raffle] Ballet "pre production" REAL Bitcoin wallet on: September 08, 2020, 08:16:52 PM
82 - Heisenberg_Hunter

May the force be strong with everyone. Good Luck all

Thanks for the free raffle AM and gratz for becoming Legendary member with 1k earned merits  Cool (truly well deserved - high knowledge on collectibles and helpful to new collectors)
8  Local / India / Re: Thoughts and Suggestions on unofficial rules being followed in Indian board on: September 03, 2020, 07:50:52 PM
BTCump
9  Bitcoin / Development & Technical Discussion / Re: Study Bitcoin core source code on: September 01, 2020, 11:02:37 AM
If you already have a really good overview of how bitcoin works on a practical scale, then you should be skipping the Mastering Bitcoin book suggested by Pmalek. Mastering Bitcoin will take you from the start of what bitcoin is and will end with the most advanced concepts of the complete protocol. The book itself is over 2 years old and might be a little bit outdated with minor changes which has happened in these 2 years.

If you are willing to get into the protocol development or testing or understanding them in a raw level, you should probably practice more source code examples from Programming Bitcoin book by Jimmy Song. The book itself is written for python developers and covers some of the difficult tech which bitcoin has currently. You will be able to interact with the protocol and once you have done that, read a lot of resources from Jameson Lopp's website which ETFbitcoin has said.

Later when you have read a few resources, try finishing off Chaincode Labs curriculum This is really a good syllabus book like material for you to understand protocol and cryptography at a basic level and will help you in getting forward in the code. So if you have done with all the above resources, start with reading example_test.py from functional tests. You should be knowing atleast a little bit of python testing code before you get into the main code. example_test.py is really a good starting point and has been written with keeping newbies in mind.

Participate in a lot of weekly PR review club hosted by John Newbery and other lead devs. You can ask doubts regarding the PR on a technical scale and they will be happy to help. This week, I think we have Taproot review and I hope it will be exciting for you to attend the meeting.
10  Alternate cryptocurrencies / Altcoin Discussion / Re: De-Fi apps are NOT 100% decentralized on: August 29, 2020, 09:15:22 PM
Defi is all about making profits in a short amount of time. During the 2017 bull run, many didn't really care about the potential of the coin and invested their sum blindly on various projects to become rich within a few months. This ended up in investors losing all their money and scammers running away with it. There was no decentralization achieved through ICO coins but many claimed that it was indeed decentralized. I got into crypto only during the crypto craze of 2017 but luckily never invested in a single shitcoin at their ICO stage. The same goes with Defi craze where developers yell out that coin is worthless but it gets pumped to $23,000 per coin within a few months of launch.

Forked coins trend started gaining traction in 2013 bull run, ICO started gaining traction in 2017 bull run and now Defi is gaining traction in 2019 bull run but the end result would be like a coin or 2 would survive during the next dump.If we really need to save bitcoin, we should completely eradicate the newbie pump and dump strategy but rather teach the new joiners of crypto about decentralization, banking, bitcoin and technology. Bitcoin has evolved into a investment trading tool, forked coins evolved as a backup to bitcoin, ICO coins has evolved into a useless scam and Defi will be evolving into another decentralized scam but nothing more.

99% of the ICO coins would have never known why bitcoin was created by satoshi, so ignoring this Defi and trading is a better way to enrich ourselves in bitcoin.
11  Economy / Service Announcements / Re: Inviting You All List Your Project, Websites Offers To Our Newly Launched Forum on: August 29, 2020, 08:56:52 PM
The forum looks quite good, atleast with an advanced SMF version instead of the one which bitcointalk currently uses. I would agree with coupable on the pay2post scenario, almost everyone in bitcointalk monetize their account using a signature and if the signatures were banned as theymos said back in 2017 due to the insane generation of bounty spam the forum traffic would have gone down to extreme lows. The same goes with every other forum like Cryptotalk or yours. The real contributing users of bitcointalk are far less while compared to the spam generators wearing a signature here and on the other hand bitcointalk has a huge marketplace section where everyone make a living using this forum alone (i.e right from signature participants, campaign managers, signature designers). If your forum generates the content, then no one would be stopping anyone from visiting the forum altogether.

I visit this forum to learn about bitcoin and not to make a spam post to promote my signature. This is the primary reason why I lose many pays while not finishing up the weekly 20-25 post target. Regarding the rules page, there should be introduced more rules for the future.

Do you allow Marketplace trades and how are you going to manage scams if you are going to allow trades? Good Luck on your future endeavors and I will keep this topic in my watchlist to go through the forum developments in future. We need more solid crypto forums to promote the idea of decentralization and everyone shouldn't be restricted to bitcointalk or other altcoin forums alone.
12  Alternate cryptocurrencies / Altcoin Discussion / Re: Is DeFi hype the same as ICO hype in 2017? on: August 29, 2020, 08:10:52 PM
Despite the fact that in 2017 there were many good ICO projects that have been successfully developed so far, and now there are many good DeFi projects that will be developed in the future, most projects fail.
Not really true. Only a handful of 2017 projects (less than 100) survived without the creator running away with their coins collected during ICO. Even though some of them had the real potential they didn't care about the investors and scammed everyone outright. Many manged to survive till the end of 2019 before the pandemic has begun and many ran away during the bearish market of 2018. Many ICOs made successful promises during the start of 2018 and some managed to achieve that, but some or the other insider of the startup played a game and completely destroyed the reputation of the company.

I remember Oyster Pearl, Sykfchain, Elysian and many others eventually turning out into a scam and the price of a coin plummeting below a few satoshis. All these projects had the potential and if they didn't scam the investors, they could have something good with the money collected during ICO. Now the Defi trend is similar to ICO trend but here many of the developers remain anonymous so that they can run easily during the failure. YAM was a stupid coin and everyone were warned that there the contract wasn't audited and the coin should be maintained at the price tag of $1. But none of the newbie investors listened to that and pumped a $1 coin to $160 before analyzing the bug.

Only a few coins like Monero and ETH (apart from Bitcoin) have a little potential in this world, apart from that everyone are forks or just a new shitcoin to scam investors
13  Local / India / Re: [ANN] Coinfeed.in - The Indian alternative for coinmarketcap on: August 28, 2020, 08:24:28 PM
The trading volume reported is only from the Indian exchanges? the numbers are too low that is why I am asking.
I spoke with Gabru regarding this and Yes, the trading volume and prices are reported only from Indian Exchanges. Regarding the delay in displaying of Bitcoin and Altcoin Rates, they are being tracked from 5 exchanges spontaneously and in real time. There is absolutely no delay in the displaying of prices from exchanges, but they are working on it to make them load more faster in near future so that we get the prices as soon as the page loads.

There are additional features which was added a few days back namely :

1. They have added the market pair for ZRX/INR for Zebpay
2. They have also added $BNB and $MATIC to Arbitrage& Premium Tracker
14  Other / Beginners & Help / Re: How to check if a Whitepaper is plagiarized or not? on: August 28, 2020, 08:12:11 PM
I want to know how can I check plagiarism of any project ? What is the easiest method of this? Is there any tool available? How the pros do that?
Text Spinning can be found by doing the reverse way of finding out a plagiarism. For instance, there may be not be newbies who tend to do really good at the start (especially in local boards) and if I have a suspicion on their posting techniques I will try to verify the post using google. If they don't give out any favorable answers, I will go along with using a text spinning website and repost them and search in google. But this is how I found and requested to nuke quite a few newbies who are plagiarizing posts/topics.

Nowadays google gives better results than plagiarism scanners and I have experienced that in many posts. Regarding whitepaper, try to scan every new shitcoin project manually and post a few lines in google and check back. When you get a lead, upload the 2 files in https://draftable.com/compare and compare them. Last year we had a bot designed by someone in the forum to find plagiarism posts easily.
15  Local / Mining (India) / Re: Importing ASIC miners to india from websites like Alibaba? on: August 28, 2020, 06:46:14 PM
S19 Pro is quite good for India comparing the electricity costs since they are the most powerful miners ever made hashing 110 TH/s. There are various recent articles published after the removal of banking ban stating Mining isn't legal in India, (well our country doesn't like decentralization for sure) but having a house setup might be safer. The traders from IndiaMart seems like outright scammers as you have said but truly speaking I have never done any crypto deals outside this forum.

1. Has anyone recently done this sort of thing of purchasing mining hardware from alibaba? if so then how did it go and what was your procedure of doing it?
As TheUltraElite said, you could have probably tried trading with people from Computer Hardware rather than trusting random seller from Alibaba. Trust has been a very important factor here and many do quite huge deals over here in Hardware section and Collectibles section of the forum. I am thinking of purchasing a cheap used GPU/ASIC from someone here in future to learn a bit about how mining works on a practical scale from setting up to cooling them.

2. Do you guys think i'll be successful in this endeavour?
Based on the information given by the seller from Alibaba, I think this might end up successful unless customs doesn't play any nonsense games in the middle of shipping.

According to my calculations, with the electricity rate in my area of $0.07/kwh and miners mining around 220TH/s, i would be making an okay amount of profit if i receive these two.
You would be making a not bad profit for sure and if you are facing any good set up oriented issues, you can reach out to the Mining section of the forum. People available there are running mini-mining farms and some have been mining since 2011.

The customs have been known to even dispose off the mining hardware that enters india or in rare occassions having the customer to ship the product back to the seller paying the visa fees and shipping costs all over again.
We know how our customs works, if they find anything fishy in the parcel there are higher possibilities they might keep them aside and rob them  Tongue

I was wondering if there are ways or lesser known courier services who ship to india and would clear the packages, KingTrans apparently being one.
I have absolutely no idea on this since I have never shipped miner to India, but I am thinking about the possibilities to do something in the future. I might even proceed with my first purchase on how well you receive your order.

The seller claims that even if the package through this service takes a few more days to arrive, the people working in this service "help" you with the customs if your package gets stuck .
I have imported and exported various other items including precious metals to and from India and all my experience was that it went good with India Post/USPS or other country posts. There are quite less checking with government postal while comparing with premium shippers. I am going to try importing items using Royal Mail(UK) for the first time in a couple of days and I will try to post an update here.

What do you think would be my best shot to make all this work?
The best shot would be to go with Mantis Escrow and DIstribution & Courier service hosted by the trustworthy minerjones for your future dealings. MJ can take care of your shipping AFAIK and might help you in getting them safely.
16  Economy / Trading Discussion / Re: Crypto Investing/trading Opportunities for stable returns? on: August 27, 2020, 07:27:43 PM
The investment and interest rate practices while lending out our bitcoin has been increasing steadily from the 2018 bull run and a few known players seem to have gained some trust from the investors over the years. Though I have never used Binance Savings platform, but truly speaking they do offer Crypto Lending and Interest receiving services for crypto holders who doesn't want to risk their money by trading with shitty alts. Apart from Binance, BlockFi has gained the reputation over the years and stand on top in the interest receiving markets.

I don't really want to turn this topic into a Gambling topic but trustworthy sites like freebitco offer Compound interest for Bitcoins being held in their wallets. I have trust over platforms like freebitco and Binance but depending on them for good interest returns isn't really considered as safest way. Practically speaking they have been operating flawlessly for many years but we can never count on failures of any exchanges or faucets when their keys gets stolen due to the insiders. If you have the trust on them and would like to risk your money for a couple of months you can very well try Binance, BlockFi or freebitco for your passive income by staking Bitcoin.

Also have a look on this topic : https://jeangalea.com/best-crypto-interest-accounts/
17  Bitcoin / Bitcoin Discussion / Re: I gathered every Satoshi Nakamoto thread. on: August 27, 2020, 05:55:33 PM
If someone is willing to remain anonymous or in simple terms doesn't want to be notified in real world of what they do in the virtual world, we should respect their privacy instead of trying to dig into who they might be or who the anonymous person could be in real life. Over the decade many had only one motive of trying to find the person behind the name of satoshi but was left in vain while some like CSW took over this opportunity and tried to scam newbies in the name of claiming themselves as satoshi.

Thanks for posting the titles of all the topics in which satoshi was mentioned and we can infer that majority of the titles had one common question about speculating who was satoshi. It's always good that satoshi was never found nor he came out because that would create unnecessary chaos in the whole community and would completely destroy the decentralisation idea of bitcoin. I would also support the move of coblee (Charlie Lee) while he sold a major stash of his Ltc to improve the decentralisation. In a decentralised environment, every one of us should have an equal opportunity for participating in the network and not someone who is the founder/creator alone.
18  Other / Beginners & Help / Willing to know ideas for MBA Project based on Bitcoin on: August 26, 2020, 08:01:59 PM
A known person of mine is currently pursuing a MBA degree on "Technology and Operations Management" background. They already have a Engineering degree in Computer Science and they were asked to do a project based on their current studies and they have approached me for an idea. I don't really have much time to think on a good project based on bitcoin and I would like to know the community opinions on the ideas for the project.

Basically the core idea of the project is that it has to be efficient for the workplace or should be increasing the productivity of a company based on the gathered data and charts. The only two ideas I can get as of now is "Six Sigma Process for improving the quality of company which is set up on Bitcoin" or "Taking a review from public for setting up a firm based on Bitcoin"

I have already read the reddit topic : https://www.reddit.com/r/Bitcoin/comments/1wx5yo/doing_mba_project_on_bitcoin_can_use_help_in_topic/ and have got a general overview on it. But I would like to know various ideas from bitcoiners over here. May be I can go to the extremes of contacting a few developers from Lightning Labs/Blockstream/Chain Codes through Twitter or through this forum for getting their points on the Sig Sigma model and how they have been improving the quality of company year by year?
19  Other / Beginners & Help / Re: 2FA-Recovering your KYC Google Auth Keys. on: August 26, 2020, 06:13:29 AM
Personally, I never have large amounts of BTC nowhere except my wallet. And as far as I know, doesn't need 2FA Auth...
It will be difficult to believe that companies who manage large sums will use mobile to do it.
There are people who store huge sums of bitcoin in Binance and other large exchanges for trading actively but the problem is that managing crypto exchanges through a smartphones is highly risky and this is what I have pointed out in my above post. I have also seen people in this forum who still don't own a computer and manage everything through their mobile alone.  Cheesy

Though smartphones has become really handy nowadays and many of the global population still aren't owning a computer, managing our personal data through smartphones is literally a very bad idea. Not sure how people are managing them without losing it? Many of us would be aware of the recent Cashaa hack where 336 btc was stolen when they were controlling such kind of huge funds through a web wallet.  Roll Eyes If we don't want our funds to be lost, we should be storing them in a offline cold storage/hardware wallet.
20  Other / Beginners & Help / Re: 2FA-Recovering your KYC Google Auth Keys. on: August 25, 2020, 04:00:34 PM
Though Google 2FA is open source I would go either with Authy or LastPass. The latter one has a pretty good one tap push login options and the they have got some not bad reviews in playstore as well. While having 2FA is secure but they can be as bad as losing our funds if they aren't properly backed up as tranthidung said.

Managing some literally large bitcoin funds through mobile is quite risky and I wouldn't really trust either an exchange or an authenticator app with that.
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