Bitcoin Forum
January 28, 2023, 04:19:36 PM *
News: Latest Bitcoin Core release: 24.0.1 [Torrent]
  Home Help Search Login Register More  
  Show Posts
Pages: [1] 2 3 4 5 6 7 8 9 10 11 12 13 14 »
1  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Stolen ETH from on: October 06, 2017, 05:25:01 PM
It could be some sort of virus, I'm pretty sure I've heard of that in the past.

A simple script such as:

If clipboard == -ethereum address format-:
   use -this address- instead

Also, isn't there a better way than to store your ETH online? I wouldn't trust a website even if I created it myself haha.

Wipe your computer, buy a Trezor. I'm sorry to hear about your loss man.
2  Alternate cryptocurrencies / Altcoin Discussion / Re: Describe your favourite Altcoin in two words on: October 05, 2017, 03:26:18 PM
pump dump  Cheesy
3  Bitcoin / Bitcoin Discussion / Re: The 10.000 btc pizza... on: October 02, 2017, 04:58:54 PM
I often think about the early adopters, the first bitcoin miners etc.

Not many of them actually held their coins until today, and the vast majority had to sell at least some coins to cover the electricity cost of running the miners themselves. As things progress so does your opinion of them.

Think about when bitcoin was $5 a piece... if you were mining you were happy with the profit you just received, after all, all you had to do was mine for it. Not many miners just sat there and stacked coins with anticipation that it'd be so highly priced today.

In that sense, it's not all that crazy to spend 10k btc on a pizza, it's only in hindsight that it "sounds" insane, but in reality, it was a fair priced trade for the time.

The same argument could be made if bitcoin really does go to 100k in the future... alll of the people selling right now because they are happy with their profits... it looks great right now, but wouldn't look so great in the future.

The opposite could be said as well, what if bitcoin goes ot $500 in the future... yet you are holding until the moon...
4  Bitcoin / Bitcoin Discussion / Re: Tai Lopez on Bitcoin on: October 02, 2017, 04:52:00 PM
Lol that dude rents and leases everything you see in his videos. You are his product, he's marketing his fake dream to people that don't see through it. Anything he says can be considered a steaming pile of horse shit until proven otherwise lol.

I think I speak on behalf of all of the youtube community when I say "Damn it Tai, get the fuck off every single video on youtube" LOL.

He spends over 1m / year on youtube advertisements... they must be working good. Lots of idiots with money wanting to buy lambos.
5  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ByteBallís 4th Try to Break Trend on: October 01, 2017, 02:18:55 PM
This analysis only takes into account price.

Momentum is not gaining, sentiment is neutral/bearish, volume is extremely low. We can't forget that there are more GBYTE coming into the market still from airdrops (unless I'm mistaken).

Also, most coins are going down right now. It's much easier to pick a winner out of a group of winners, than to pick a winner out of a group of losers.
6  Alternate cryptocurrencies / Altcoin Discussion / Re: Maksim Zaslavskiy is sued by the SEC for ICO scamming [REcoin, DRC World] on: September 30, 2017, 10:22:54 PM
Just wait for all the other ICO's to start going down, it's going to be a shitfest  Cheesy even legit ICO's will get caught up because they still broke the law.
7  Bitcoin / Bitcoin Discussion / Re: After Satoshi Reveals Himself ! Will Bitcoin Price Jump to $30,000 Dollars ? on: September 30, 2017, 10:16:41 PM
I don't see why it would... if anything it'd cause people to panic because he supposedly holds so many bitcoins.

Regardless, as many say now a days, bitcoin is in control of itself now. We have a vibrant community that is constantly at work and bitcoin now more resembles a fire that can't be put out more than a network that can be controlled by a single entity.

Satoshi is a novelty, we all want to know his identity yet it doesn't actually matter. He's the Kim Kardashian of the bitcoin world, relevant yet not actually relevant haha. Satoshi's opinion would be important but it wouldn't be held to the same as it was in pre-2011. We all want to know who he is, but his appearance probably wouldn't effect the bitcoin network as many people would expect.

He left for a reason, and his project is going strong without him which was exactly what he desired.

8  Bitcoin / Hardware wallets / Re: Trezor Wallet SUCKS Be Warned, Do NOT Order One on: September 30, 2017, 10:05:35 PM
Will they not replace it for you? I'd ask for a replacement. Also, did you write down the wallet seed? The 24ish random words it gave you during the initial set up of the wallet?

I personally don't have a Trezor, but like most wallets I believe it sets up this way. You can use those 24 words to access your wallet using another wallet downloaded onto your computer... just make sure the device you do it on is clean and free of viruses.

PS - security warning: do not give those 24 words or any other information to anyone on this forum through post or private message. We can guide you but don't trust us to do it for you, too many shiesters here.
9  Bitcoin / Bitcoin Discussion / Re: Breaking: Virtual Currencies Expected to be Regulated in China on October 1st on: September 30, 2017, 10:02:24 PM
Shocker, Charlie Lee told us this a week or two ago Tongue
10  Alternate cryptocurrencies / Altcoin Discussion / Re: Price coin statistic in 1, 3, 6, 12 months after ICO on: September 26, 2017, 10:09:04 PM
You'd have to take into account the market in general. A better way of doing this would be:

"Did X rise more than bitcoin during that period of time?" and then try to find data from the last 5 years covering multiple ups and downs (very hard to do since ICO's are a rather new phenomenon).

You could take all coin launches with new innovation (speaking being that whether it was ICO or mined, people still had to invest through exchanges so it's not all that different) and see where they ended up for each year...

The reason why is, coins that came out in 2014-2015 barely did anything and I'm willing to bet the vast majority didn't really rise until late 2016 when ALL coins started rising.

As they say, a rising tide raises all ships. You need to take that into account, because the results will be vastly different depending on what the bitcoin market itself is doing. If all coins are rising, it's not hard to get on board with a new coin... if all coins are falling though, people won't be buying.

There's not enough data to make a true call on this sadly, but nice work man Smiley
11  Bitcoin / Bitcoin Discussion / Re: Charlie Lee: China Bitcoin Mining Ban Rumors are False on: September 22, 2017, 09:31:36 PM
Charlie Lee is definitely one of the more credible sources of information in regards to this type of stuff. I am definitely taking note.
12  Bitcoin / Bitcoin Discussion / Re: Theory: Satoshi Nakamoto is DPR (Ross Ulbricht silkroad founder) on: September 22, 2017, 02:37:11 AM
From my understanding DPR wasn't that skilled in coding, then there was the opsec fails that are absent in Satoshi's situation.

Satoshi seemed extremely meticulous about his opsec, making sure to go to great lengths to never reveal his identity. I'm sure there are a few out there that know, but only because they were close to him during this time.

DPR from my understanding was a "crash course" programmer, meaning he learned as he went and alot of his peers were the ones to point out obvious security holes. He also had many different threads on "Stackoverflow" asking for help on how to create things that were then used against him later on because he copied the code verbatim. He created websites using his real email address (if it is to be believed) and that's how they caught him. I'm sure there was more to it than that, the story reads better than any movies I've ever seen... BUT, I definitely don't think it was Satoshi at the helm, Satoshi was just too meticulous.

I am very interested in the early mined coins though, that is an interesting lead that I've always wished we could find more about.
13  Bitcoin / Bitcoin Discussion / Re: JP Morgan purchased XBT shares on: September 21, 2017, 05:08:04 PM
I'm glad Jamie Dimon got reported, but I think you are all looking at this wrong...

JPM trades on behalf of their customers... they aren't stupid enough to publicly manipulate the market and then buy a derivative of that market in order to profit. I think we both know the fines, PR nightmare, & court fees would easily dwarf any profits they've gained from doing so.

It's not market manipulation to have an opinion about something. We see it happen with short sellers all the time, they will put in a giant position and then annouce they have a giant position and "this is why" causing everyone else to freak out when they realize the pretty picture painted by others has some cracks in it. We've seen that with Enron, Herbalife, Soros and the GBP, John Paulson & the housing crisis, etc etc etc. All of these positions were publicly known & spoken about BEFORE they were ever profitable, and all of them used publicly available information so anyone with the ability to interpret that information could've done the same thing.

It's much more likely they were buying XBT derivatives ON BEHALF OF THEIR OWN CUSTOMERS.

This narrative that they bought on their corporate books is speculation at best until it can be proven otherwise... continuing it only makes Bitcoiners look dumb as fuck for not having even the slightest idea how a true investment bank functions.

Please stop mindlessly regurgitating things you've read and do a bit of research for gods sake.
14  Bitcoin / Bitcoin Discussion / Re: Why is Craig Wright listed as Guest Speaker at BitKan on: September 20, 2017, 05:26:03 AM
if the true Satoshi wanted patents he would've filed for them 7 years ago :p
15  Bitcoin / Bitcoin Discussion / Re: Why Jp Morgan invested in Bitcoin on: September 16, 2017, 11:21:14 PM
While it looks and sounds good on paper, this is not what happened with near 90% certainty.

JPM Europe division didn't buy Bitcoin ETN's for their corporate accounts, they bought them on behalf of their clients. JPM is an investment bank with millions of clients purchasing from all over the world. They are smart enough to know that if they directly manipulate the price of something that is tracked by ETN/ETF and then purchase said ETN/ETF, they are directly manipulating the price of the ETN/ETF itself which is a punishable offense. The amount of profit they could make off of that would be dwarfed by the lawyer fees, fines, & PR nightmare that would come from doing something like this so blatantly.

We are talking about people whose job it is to manage risk, if they are going to manipulate something they aren't going to do it with the subtlety of a baboon...  Grin Cheesy

It's way more likely that the purchase was on behalf of clients. JPM might have an opinion about something, but that doesn't mean they stop their clientele from buying that something. You are free to be stupid with your own funds after all, just don't expect Jamie Dimon to hire you.

Jamie Dimon is probably laughing at us right now saying "Bitcoiners just double down on their own stupidity" because of this narrative, it shows that the vast majority of users here are completely unfamiliar with the workings of an investment bank, or investing in general.

16  Bitcoin / Bitcoin Discussion / Re: Should a case be filed on the CEO who tagged bitcoin as fraud and bought the dip on: September 16, 2017, 11:05:34 PM
Lol ^^ I love this narrative, it'd be beautiful if it was real but sadly I doubt it is.

JPM is an investment bank whom buys on behalf of their clients. I highly doubt JPM was buying for their corporate accounts, they are smarter than to open themselves up to litigation with blatant manipulation like that.

Yes, Bitcoin is a semi-unregulated "asset", but the ETN purchased by JPM Europe division is NOT, it is a publicly traded note that follows the same rules & regulations as any other ETF, ETN, or stock. To directly manipulate bitcoin is to indirectly manipulate the bitcoin ETN's and that my friend IS a punishable offense.

Jamie Dimon is laughing at us right now, probably saying "Bitcoiner's just doubled down on their own stupidity". Just saying Tongue

JPM might have an opinion about something, but that doesn't mean that they stop their clientele from purchasing that something. After all, you are free to be stupid with your own funds, he just isn't going to hire you.
17  Bitcoin / Bitcoin Discussion / Re: Can Businessman be the Owner of Bitcoin Market ? on: September 16, 2017, 10:30:28 PM
we already see collusion from the biggest bitcoin businesses in the industry. I'd say we are already half way there. You don't have to own all the bitcoins to own the market, you just need to control the vast majority of the ins & outs of bitcoin in order to exert control over it. We've seen this with the mining industry, exchange industry, bitcoin news industry, moderator positions, etc.

It's in a business man's best interest to get as much of the market as possible under their wing, purely for profit reasons.

In example, they didn't have to buy up all the gold in order to control the market... we've seen collusion in the spot prices of gold for 50+ years now among international banks, it's called "the fix" and even though it is completely legal, it has been abused countless times. Some of the biggest names in the banking industry recently settled for millions of dollars over manipulation of gold prices...

banks = exchanges, exchanges = banks. It's just a new descriptive word for something we've had for 100s of years now. The one "shining" difference between bitcoin exchanges & banks is exchanges aren't mean to store your money on, just exchange, even though people still use them as storage (aka banks).
18  Bitcoin / Bitcoin Discussion / Re: I told my grandma to put all her lifesavings in Bitcoin because you guys said on: September 16, 2017, 05:20:52 AM
advising your grandmother to go all in on something that has risen 33x in 2.5 years was a very stupid decision. You should never take risks with someone elses money.
19  Bitcoin / Bitcoin Discussion / Re: Is it as bad as it seems to be? on: September 15, 2017, 12:52:10 AM
we might see a downturn for a while but I don't think it will effect the price as badly as people are expecting... Yes, alot of bitcoin is mined out of China - that's the one thing that scares people.

Chinese bitcoin exchange volume has been pretty miniscule since Jan 1st, 2016... the vast majority of the rise happened AFTER chinese exchanges were forced to stop no fee trading and alot of their fake volume antics stopped at this time as well.

The last rise had larger momentum than the last, this indicates to me that it isn't over yet despite all of the panic at the moment. The rise from $1000 to now was extremely fast and there wasn't a real correction until now.

The only "if" right now is what is going to happen to the miners, how will they sell their coins and will they still be able to remain as active in the mining community?

This is big, but it's not MT GOX losing 1 billion dollars big... it's not losing the largest exchange by volume big... and it's not "bitcoin is banned" from one of the largest bitcoin trading countries. For the last year, Huobi/OKCoin/BTCChina added together has only been around 20% of bitcoin's total trading volume. If it was 50%+ I'd be more scared. More volume is coming out of other countries now, countries that have decided to embrace bitcoin and don't have so many capital controls in place.

In reality this could be a good thing, it could be the end of an era where Chinese exerted major control against both the price & hash rate of bitcoin, though I highly doubt they will give up their mining dominance.

Bitfinex is the clear winner by volume for the last 6 months... I'd be more worried about them shutting down. They pretty much do enough volume to cover all 3 of the chinese exchanges combined.

TLDR: China didn't have much to do with the 1k-5k rise in the first place.
20  Alternate cryptocurrencies / Altcoin Discussion / Re: ETN goes on sale in 1 HOUR and there is already 3923 waiting in line to buy!!! on: September 14, 2017, 03:45:02 AM
Thanks, I honestly appreciate your level headed responses. I can tell you have to deal with the public quite a bit on the internet and the way you handle yourself is perfect. It is ok, I understand how it is, I'm sure you are very busy at the moment.

The marketing aspect will be very interesting to watch and I promise I will be paying attention. I wish you the best of luck.
Pages: [1] 2 3 4 5 6 7 8 9 10 11 12 13 14 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!