1101
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Economy / Trading Discussion / Re: Why China Recognize Bitcoin?
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on: September 26, 2023, 09:23:50 AM
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Shanghai court recognizes Bitcoin as digital currency, citing its uniqueness and potential for ownership disputes.
No it didn't! It has just ruled that: Virtual assets represent property and are thus protected by law! What this means is that if you have 200 BTC and they got stolen that's a criminal act and the victim should seek compensation, if I lend you 1 BTC and you don't pay back it's like I lend you a car and you run with it or you take $20 000 and again don't pay back! The court decided that virtual currencies have value, that's it, and they can't be treated like Candy Crush saga diamonds or saved games! It's not about BTC it's about all virtual currencies and they recognized them as property, not as a currency!
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1102
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Economy / Reputation / Re: AI Spam Report Reference Thread
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on: September 25, 2023, 04:47:22 PM
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Another one who loves to use AI in his posts. Peter3493Came here right for this guy, there is no need to analyze his posts anymore thanks to this gem: In my knowledge up to September 2021, the top Bitcoin miner is the Bitmain Antminer S19 Pro. ~
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1103
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Economy / Lending / Re: Lending Service Started! (USDT/BUSD/BTC/LTC/ETH/DOGE/ETC)!
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on: September 25, 2023, 04:21:53 PM
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Loan Purpose: Personal Loan Amount: $300 Loan Repay Amount: $330 Loan Repay Date: 09-26 Type of Collateral: none USDT-TRC20 Address: TVEZXq13ZR2pdepbpvyXzukcSArZhTaxcm And NO!, I didn't get hacked! Drop me a PM if the interest is too low, I just copied the sum from an older post! I have accepted your loan request and sent USDT to your wallet. Please check your account balance. It is an internal transaction so no transaction id please repay on or before the due date to TFDsiykiaAB8GeoZxVFz8MM2P4Ed9cYrfN Hi Shasan, I've sent you $330 guess the Order ID is what you need so 253020369556217856. Please confirm when you have time that you have received it!
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1105
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Bitcoin / Development & Technical Discussion / Re: NFTs in the Bitcoin blockchain - Ordinal Theory
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on: September 25, 2023, 06:14:33 AM
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Do you know which TX store such data? Anyway, one could argue election result is more important than monkey image or fart sound.
No idea, I actually tried to at least find out what they are at all storing in the chain, as the example just shows the hash of the used block but, I assume it's nothing on the size of ordinals as it would make little sense since you have to store all of them in a limited time frame as the polls close, so under 1 hour for all polling sections. Here is how it looks: https://verify.simpleproof.com/TSE/P-000024/5eb5f203667489b8c6e045fc3ee2205b5e500557821cd770f5c696e2594bc434a lot of my VPNs got blocked on it, just letting you know. yeah lets be honest. who among us here hasn't had a bit of coin on an exchange and said to themself "nah, i think i'll just use litecoin since the fees are way cheaper!" ?
Everyone trying to get a small amount from Binance when they were charging 0.001 BTC for a withdrawal at a time that was close to $30.
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1106
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Bitcoin / Development & Technical Discussion / Re: USB port blocker
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on: September 24, 2023, 01:50:17 PM
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What's the point of these devices? As far as their description, they would prevent connecting Pen Drives, Tablets and other USB to your computers....
Am I just stupid to not understand this but how is a stranger going to force his way to your computer, and how is a piece of plastic going to stop him? - laptop in a cafe, that guy is going to run away with the damn laptop not do a 007 while you're farting your frappucino in the bathroom - computer at home, so after breaking your door, stealing your watches and jewelry he will sit down, open your computer, perform a malware scan so his own malware is effective and then leave quietly and not touching your wallet at all.
Phil mentioned a set of pliers, but forget those one $10 wrench in the hand of a 120kg guy and you're going to undo every encryption yourself in seconds and that usb port is going to be the last hole you're worried about.
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1107
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Bitcoin / Project Development / Re: BitcoinSnack.com Help needed for Bitcoin Vending Machine
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on: September 24, 2023, 01:14:55 PM
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So, we grab one pic from here: https://www.vendekin.com/post/where-place-vending-machine-best-locations-vending-machineswe slap a bitcoin logo and a generic background from here: https://ccentral.ca/easy-involved-planning-convenience-store-renovationAnd...we have a project! Anyhow, the line that actually made me reply here: To get this project off the ground, I am in need of your support. I am kindly requesting donations ranging from $1 to $10, with the goal of raising $3000. This amount will be used to purchase the initial vending machine and secure the necessary domain for our venture For god's sake if you don't have money to start the business and you're waiting for 1-10$ donations spending more than 10$ on the domain would have to be your last priority, the name matters so little when you basically have no product at all. Spending money on an already listed aged domain is just 10 times worse. Let's assume your intention is genuine you should start the other way around - have the software needed and test it - go and check the costs for installing one of those and how much you would need to pay out of your pocket assuming no sale (this includes the cost of the merchandise) - check the cost for your company (depends on the country) but you will need one - check how much a vending machine costs and how much it will be to modify it for Bitcoin LN payments With those things and especially the data, draw the line and say I need x for investments, then you might find someone willing to help! But I guess that was too much work! Some technical question, 1. How many transaction confirmation required before customer can obtain the snack? 2. If you plan to accept 0 confirmation, how do you handle abuse which utilize RBF and full RBF? 3. Do you plan to support Bitcoin Lightning Network? 4. Do you plan to support altcoin and fiat?
Interestingly enough he did mention in that wall of text he plans to accept BTC LN payments only, so he might not really be just your usual newbie.
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1108
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Other / Meta / Re: Ban appeal for kodec5
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on: September 24, 2023, 11:20:22 AM
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Why is it so hard for someone to have an original thought of their own? What makes your life so damn hard that you have to come to our community and try to cheat us and feel like its ok?
You know it's not that hard, the problem is the quality of the post that comes out this way. OP would have not cared about plagiarizing if it wasn't for merits, that's why he did it, some think that copy-pasting text or using text spinners on an essay that was written by a more experienced author would look like he has poured tons of effort into it so ...merit!!!! Not going to point fingers but I've seen enough users around here getting extremely lazy once pass a certain rank, from opening topic after topic to 4 generic lines in mega threads, or the funnier ones that start a business accepting BTC, make a topic about that and then miraculously they don't post an update for months in it like it would have never existed ! It's all about merit > ranking >signature!
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1109
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Bitcoin / Bitcoin Discussion / Re: Bitcoin miners energy usage has exceeded 50%, where is Elon?
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on: September 24, 2023, 10:21:54 AM
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Hehehe do not be so serious and angry.
Why not, my holiday is over, and I'm looking at 8-hour flight back home in the evening so I have all the rights to be so, right? The thing is I don't like disinformation. I don't care if it's from the guys I like I hate it, if somebody can't find real arguments and data and has to resort to this kind of bs, then sorry, call me a hater but I won't applaud knowing I'm a lied in my face and shut up just because it's good for the price of my investment. When I know Mara is managing 2cents/kwh because it has bought an entire coal plant, when Riot is buying half of the entire generation from a gas powerplant, when Stronghold is burning coal residue and tyers at its newly acquired powerplant while no f*** large farm is running entirely on solar or wind then don't come with this kind of greenwashing at me. This is the same bs as Google being carbon neutral because...it pays for carbon credits. Lol! The reason is Elon knows no one would buy a Tesla or any car using their bitcoin
Why not?
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1110
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Other / Meta / Re: is Politics and Society board turning into a lowkey Off-topic board?
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on: September 24, 2023, 10:10:39 AM
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Then, with a little management, this board will be a place for those who want to discuss these political, although I believe that the goal of it is to discuss bitcoin-related political topics not purely political.
I dare you to go to that board and try to have a serious discussion with guys like BADecker or tom tung what's his name! Do it!!! I dare you! Ps I don't offer a health plan, nor will I offer any psychiatric help afterward! You're on your own! Dooo it! I must have reported several posts in that sub-board, but stopped either because with so much spam it was pointless, or reports were mostly ignored.
Is it really that much spam in there? I just opened that board and the last topic on the front page was last bumped a week ago, tossing aside three mega threads the rest are well below 100 relies so not that much activity. I disagree for ban signature in Politics and Society board because this board has low traffic, banning the signature will make the traffic lower.
So that means you agree half of those are posting there just for quota, not only you have political bias but now you have a monetary bias also, on top of the fact that you can basically write anything there since it's your opinion and it can't be wrong, and here you go, the perfect recipe for a cesspool.
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1112
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Economy / Economics / Re: Shipping container prices
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on: September 24, 2023, 07:29:54 AM
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Shipping container prices have been declining since the beginning of the year to return to pre-pandemic levels, and the news says that some containers are being loaded empty, as shipping companies do not want to sail with a small load of containers.
Containers are still cargo, and they do make sense to transport. You're forced to sail anyway, you see the price difference between ports, you load up with them and you just dump in the next port. Another thing I don't get is precisely what the pandemic had to do with that spike in prices. I know there were serious issues with the supply chain, but it was never clear to me exactly what those issues were, and the media being the shitbags that they are, never really delved into them--or I just missed the message entirely.
Pretty simple, we had somewhat predictable logistic chains, with everyone knowing when spikes arise in some ports like x-mas for example, when holidays would mean lower factory output, and so on and everything was going somewhat according to planning. The covid and quarantine hit, China went into lockdown, consumption there dropped, and in the western part of the world, there was an insane demand for junk people would buy for their homes as restaurants and malls and beauty saloons and everything else would just shut down so suddenly from shipping 100 things from A to B and 90 from B to C you went to ship 10 from A to B and 150 from B to A and suddenly drop the whole second route since port B ran out of containers and ships since none were coming back in time as ships weren't willing to travel back empty. But it was even worse, the fact that people ordered more from home meant longer delivery time, merchandise staying more in warehouses as there was no way to deliver them as fast as usual, new merchandise couldn't be unloaded, more ships stranded, and when finally things start to clear you have a ship blocking the most important route for 6 days (the Suez incident) triggering an avalanche of delays that lasted for months.
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1113
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Economy / Service Announcements / Re: Are you looking for ASIC Miner hosting? Terahash Solutions has you covered.
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on: September 24, 2023, 07:14:07 AM
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So let's ignore for bit the website and the discussions on who you are and just do math In your FAQ: We offer standard hosting for .08 per kW/h fixed for up to 4 years. For a limited time, you can "buy down" your rate to as low as .06 per kW/h for a small surcharge First offer is: Antminer S19J pro+ 120TH/s $2,205.00Price Let's take the worse, 8 cents kwh, 80kwh a day, that's $6.4, 120TH/s at 6.1 cents per th/s according to viabtc, it's $7.32. That's 90 cents so we're looking at 6.5 years of ROI. It gets better with the promo, $4.8 costs, $7.3 income, ~880 days of ROI, way better. For the S19xp we're looking at $4.3 cost and $8.5 income, so again under 1000 days. My humble opinion, find a way to make the limited time permanent otherwise nobody who buys and hosts with you can find a way to make money!
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1115
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Bitcoin / Bitcoin Discussion / Re: Have a clear understanding of what DCA means
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on: September 23, 2023, 03:36:41 PM
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That's gambling! DCA is dollar cost average, when you break this rule it stops being DCA and as I said is basically buying based on a hunch or your guts.
If you want to be a purist then maybe. But DCA doesn't have any hard, legal definition. Modified DCA is still DCA, poorly executed DCA is still DCA. Falling with your car down a cliff is still driving since the engine is still running and you're still at the wheel! The thing is pretty simple, once you cut the "average" word out of it, it stops being dollar cost average, just as ice cream without ice is no longer ice cream is at best just cream! So if you buy based on guts and instincts random sums at random intervals it's either RDC or GRT or PNGYSHYT but for sure not DCA. The whole point of this strategy is to keep risks of high volatility at a minimum and to spread the investment sums, If you do it randomly why would you even call it DCA and lie to yourself you doing some strategy? So buying during the lower lows is way much better than blindly following a weekly basis buy schedule since the price may get higher during our scheduled buy time. If that happens, it beats the purpose why we are doing this DCA thing.
How do you know which are the lower lows? Imagine somebody who has believed in the 40k then 35k then 29k it's the lowest Bitcoin could drop and bought all in and now he's looking on the side with all the money spent waiting for the pump! Do you know what that was? Gambling, putting his money on the table on a hunch!
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1116
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Bitcoin / Bitcoin Discussion / Re: How can third-world countries counter inflation using bitcoin?
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on: September 23, 2023, 01:07:32 PM
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Bitcoin alongside other cryptocurrencies has aided the economic development of many countries.
Name one! Bitcoin has played a significant role in how transactions in developing countries are conducted at international level and also aided in them having something to invest or save their money into without been worried in any way of devaluation.
Name a second one! We're still stuck on having this kind of topics and people really don't realize how complicated the situation is and why a country facing inflation and devaluation can't find refuge in Bitcoin! There are two situations: - the individual, he uses his money he buys Bitcoin he has now put a bit of his wealth in safety against inflation and devaluation - the country, far more complicated as poor country that face inflation also faces devaluation of their currency. Buying bitcoin at a large scale won't solve the problem it will actually make it worse!!! Why? Simple, the Weimar Republic! The country would have to spend its own currency on buying hard currency in this case Bitcoin, but nobody wants crap coins like Argentinian pesos or Russian rubles or iranian rials, so by them trying to buy Bitcoin they devaluate furthermore their crappy curency, so ending worse and worse and making inflation also worse. Bitcoin won't save a country, gold didn't save countries in economic peril in thousands of years of gold standard, so neither will a bunch of code that wasn't really designed for that. Now if you don't believe the theory how about this: Over 50% of Turkey’s Population Invests In Cryptohttps://beincrypto.com/turkey-crypto-adoption-bitcoin-dominates/vs Argentina and Turkey are currently experiencing the highest inflation rates in the G20. In January 2023, Turkey’s rate was 57.7% You have half of the population investing in crypto and you still have one of the highest inflation in the world, so how exactly did buying crypto help the country?
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1117
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Other / Meta / Re: Request for sent merit edit button
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on: September 23, 2023, 12:46:40 PM
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Definitely pained to have wasted all my smerits on a single post.
It's smerit, you would not benefit from hoarding it, and the fact that you had 22 of it, it means you've had it since at least last month, basically you're feeling bad for giving away something you're not keen on giving and you have no benefit from. So why? My intention was definitely to send 2 merits because to that post and then got carried away and mistakenly sent 22, I didn’t even notice until I saw my smerits drained, Now imagine you would have sent 2 BTC instead of 2 mBTC
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1118
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Other / Meta / Re: is Politics and Society board turning into a lowkey Off-topic board?
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on: September 23, 2023, 12:35:42 PM
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is Politics and Society board turning into a lowkey Off-topic board?
That would be an improvement and a radical one! P&S is a cesspool, actually no, it's what would come out of some mutated lifeform that would have been born out of a cesspool. When you still have a topic like: Elders of 13 inbred European Bloodlines house training their inbred children on the first page among other such topics, it's a clear sign to just stay away from it if you don't have at least 4 years of 4chan training. Nuking it would probably be 10000% better than getting rid of ponzi board, the spam press, and the useless bounty hunting boards. Serious question, what kinky stuff were you planning that you felt the need to open visit that board?
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1119
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Other / Beginners & Help / Re: Be careful with your transactions.
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on: September 23, 2023, 12:08:45 PM
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This is just a reminder to everyone in the forum from newbie to legendary, that we should be very careful and not be in a rush when we want to make ~ Which F2pool has accepted that it was there pool, but I don't think that F2pool will refund back all the funds, because such transactions rely on the goodwill of the miner to refund or not.
Now let's replace bitcoin transaction with bitcointalk topic and it all makes a lot more sense. F2pool has already sent the funds a whole week ago, so, how does it feel, just out of curiosity to tell people to double-check what they do when you're not doing this at all yourself ? Three days ago, I mistakenly sent $30 dollar worth of bitcoin to a wrong address due to rush and not rechecking the address again.
Do you have the tx id? Juts asking! because there is no way that you can get it back, if the bitcoin was sent a a noncustodial wallet.
It doesn't matter what the wallet is, all that matters is if you can contact the person in charge of that wallet, I doubt you will send coins by mistake to a previously used address and not know who that guy is and in case of malware you can kiss those coins goodby from the start.
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1120
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Other / Beginners & Help / Re: How to get profit when have PC is idle and unused in home
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on: September 23, 2023, 11:49:13 AM
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I don't see any problem, assuming the content itself (whether it's game, 3D video or something else) isn't very demanding.
If you're going to charge people 2$ for 10 minutes of pong I don't see that many customers making a queue to your stall. I had a few years ago 1060 and was struggling to get anything that was mid-tier by that time, it was the absolute minimum for an Oculus, and the Reverb I have now won't even run on it, for people to really enjoy it and come back 2160 x 2160 is the deal and you won't be squeezing that out of the first two generations in a game except the 2080ti. Anyhow, at this point, this is more like a project development material topic, and I still think that my initial advice (sell it) is still the best one.
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