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1  Bitcoin / Bitcoin Discussion / Re: Better than "GOLD" for criminals, BTC is easier to steal; Easier to scam; on: July 25, 2021, 01:47:36 AM
Bitcoin and gold both have their own advantages and security risks.
we often hear about bitcoin hacking but it happens purely because of our own fault because we don't take good care of it and carefully, and so does gold which can be lost at any time for example due to robbery caused by our own negligence.

HOW about reading the OP and responding to the assertions??
2  Bitcoin / Bitcoin Discussion / Re: 'Gold in the Hand', versus 'Chinese Bitcoin' in the Bush - What has REAL Value? on: July 25, 2021, 01:41:22 AM
No asset is going to REPLACE another asset.Physical gold and Bitcoin will continue to exist for years.

I agree, gold and bitcoin will coexist and play different roles.
In the future, if bitcoin continues to be seen by everyone as a place to invest with high profits and risks, gold is a place to store assets with a low level of risk.

The tangible will exist, the bitcoin derived from a 20 year old NSA crypto called SHA256 has a limited shelf-life before hacked;  Within the next 5 years BTC will be kaput.
3  Alternate cryptocurrencies / Mining (Altcoins) / Re: CHIA XCH mining: Why mining without value? on: July 25, 2021, 01:37:55 AM

When chia goes to $40, it will be $1/day for 100TB ( $3k USD of hdds' )


But when chia goes to $40000. it will be $1000/day

When chia goes to $120/day it will be more profitable to mine BHD ( two weeks from now )
4  Bitcoin / Hardware / Re: cheap bitcoin miner hw from the china crackdown? any deals out there? on: July 25, 2021, 01:36:23 AM
I get kids asking me here in asia, if anybody is selling, IMHO I say no, because I think they're just moving out of certain regions of china, boxing the equipment and finding a new home,

Why would you say no? the Chinese sell miners every day, it all depends on your expectations, most people falsely believe that the Chinese are rushing to flee with their gears and that the police are after them and thus they would sell their gears for the first buyer they meet, that couldn't be further from the truth.

Mining gear prices did drop compared to say 3 months ago when bitcoin was at 60k and mining was ok in China, but nothing too crazy, S19 pro still trades between 8-9k in China, used S9s are back above $200 (most clean gears will be in the 250-300 dollar range), Used M20s are 3k each, M21s is anywhere between 2 to 2.5k depending on the hashrate, so if your "kids" can pay these prices, they can buy all the gears they want.



I agree, its all FUD, I'm here in ASIA, and I see no deals, on anything, even old S12's are still selling top $$$

BTC miners are the golden-goose, nobody gives it away cheap, u have a golden-goose you take it home and lay golden eggs.
5  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [MASS] Decentralized HARD DRIVE mining cryptocurrency | PoC | Low Energy cost on: July 25, 2021, 01:33:35 AM
is there any guide available that tells in simple steps how to install and get started with MASS mining? I am interested in mining MASS and need a simple guide for newbies.

https://www.jinse.com/news/blockchain/1128714.html

This is the best, since MASS is 100% chinese owned, all doc is in chinese, easy to translate; this manual is for solo & pool mining;

But note that MASS is a scam, the docs don't tell you anything about the fact you must PAY $$$ and BURN them to play;

The ponzi is designed to raise the price, but it doesn't everytime they run a pump&dump (like now) the whales sell and it falls back to zero.
6  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [MASS] Decentralized HARD DRIVE mining cryptocurrency | PoC | Low Energy cost on: July 25, 2021, 01:21:12 AM
How to plot the file?? Is it need to stake some coin, like burst or BHD??

i think this coin need more documentation

MASS IS A SCAM - Right now price is $0.899 was 0.3 a few days ago before HPOOL announced dual mining for mass/chia

To play MASS you must buy & burn MASS so say you have 1,000 plots 100TB, each plots is 2.1 mass, so in order to mine with 1,000  plots you need to BUY $1900 USD of mass BURN that on to the plots, if the plots are deleted you lose the $$$, once burnt the $1600 is gone forever.

Now with your 1,000 plots burnt with mass you can mine, the current payout is 1mass/pb/day, so for burning $1900 USD you earn 0.85 cents a day

WINNING

Why is there no truth about MASS? Because its a PONZI SCAM.

...

Because in order to 'activate' your plots you must burn the mass its gone, the $1900 USD is gone forever, if you delete the plots then its gone as well; The ultimate crypto scam.
7  Bitcoin / Bitcoin Discussion / Re: Better than "GOLD" for criminals, BTC is easier to steal; Easier to scam; on: July 20, 2021, 08:08:19 AM
Just don't brag what you have right now because of bitcoin, if you really want to protect your self from such issue. Because you don't know what's usually happened to some people who exposed thier self owning bitcoin especially in public places , so if its possible to become anonymous all the time just do it for your safety.

And also when it comes scamming, well it's very common to be honest, wherein even in public places as well there are someone people trying to scam you facw to face, so how about online that most of people can hide their identity and can use fake information in order to scam other people.? All i can say is stay away from them such those unknown people who's offering and promising something, because that's the only way to prevent scam issues.

Well the same for the fool who walks around telling people he has 'gold',

With GOLD of the fools have no gold, and I'm sure most of the people who talk about bitcoin, have no bitcoin.
8  Bitcoin / Bitcoin Discussion / Re: Better than "GOLD" for criminals, BTC is easier to steal; Easier to scam; on: July 20, 2021, 08:06:22 AM
Bitcoin and gold both have their own advantages and security risks.
we often hear about bitcoin hacking but it happens purely because of our own fault because we don't take good care of it and carefully, and so does gold which can be lost at any time for example due to robbery caused by our own negligence.

U didn't read the OP, your not addressing the original issues of the OP.
9  Bitcoin / Bitcoin Discussion / Re: Better than "GOLD" for criminals, BTC is easier to steal; Easier to scam; on: July 17, 2021, 08:05:40 AM
Being a Bitcoin user for more than a decade, my only question here is this - if Bitcoin is tailor made for the criminals, then why 99% of them are using fiat currency instead of BTC? And compared to the situation we had when dark markers such as Silk Road and Alphabay were running, now the proportion of BTC transactions that can be linked to the contraband trade has plummeted. One of the reasons is that the criminals no longer regard Bitcoin as a "safe" medium. They don't prefer a currency, where each and every transaction is stored in the blockchain.

Why does everybody not read the OP rather than just spouting 'company line' based on the title of post? I have not yet seen a single commenter having shown any sign of having read the OP
10  Bitcoin / Bitcoin Discussion / Re: Better than "GOLD" for criminals, BTC is easier to steal; Easier to scam; on: July 17, 2021, 08:02:01 AM
If we go directly to the topic, then who said stealing BTC is easy?
Yes you can claim that stealing BTC from noobs is easy. If you donít know how to protect your own coins, then donít blame that the rest of the community also doesnít know.
BTC was popular for his anonymity, and thatís what the criminals take advantage of.
But we canít yell on BTC for it, if same process happens with Gold, then will you too say the same thing OP?
Waiting for community answers.

U didn't even read the OP, that's what I think; You created your own straw argument based on the 'title line' and then answered it. In my op I gave specific examples of which you chose to ignore, surely because you didn't read the post.
11  Alternate cryptocurrencies / Mining (Altcoins) / Re: CHIA XCH mining: Why mining without value? on: July 16, 2021, 07:00:46 AM
lately the value of chia has dropped a lot and the difficulty of mining has risen (you really need a lot of space on the hard disk) but despite all this, mining chia remains convenient because you don't have to do anything just connect the hard disks to the pc (and they consume less than one gpu) and then you can do dual mine with space pool

Convenient for what? 100TB (1,000 plots) earns $5/day on all pools, impossible to solo mine at 30EB without 30K plots ($100K USD HDDS)

Say u have 10TB or 100 plots which is average, that's 50 cents per day, on a $300 drive. GPU mining is way more profitable;

When chia goes to $40, it will be $1/day for 100TB ( $3k USD of hdds' )

Before u start adding the dollars think of all the HW you destroyed. GPUS can be repaired, none of the HDD components can be repaired.
12  Alternate cryptocurrencies / Mining (Altcoins) / Re: Is chia mining a failure? on: July 16, 2021, 06:39:28 AM
Mining through pow algorithm is far more profitable than chia mining, you will find a rx470 4gb for 200$ right now and point that to Ergo mining with 65-70MH, that's 46$ presently, you can't spend 200$ on HDD to mine chia coin and expect to get anything 😅😅😅

$3k USD of HDD's earn a whopping $5/day right now that's 100TB @ $30/TB HDD's, at chia $200 price, once it goes to $40, it will be $1/day for $3k USD of HW

WINNING!

Yes, I mine both, and my ETH miners make real money, my CHIA miner's don't.
,
13  Alternate cryptocurrencies / Mining (Altcoins) / Re: Is chia mining a failure? on: July 16, 2021, 06:37:23 AM
How is the requirement to re-plot a scam? This enables pooling without having to worry about double farming, which is great. They should have had this ready when they launched, so that's a big thing they missed, but I think all in all the team is pretty professional and making good progress towards a greener Nakamoto consensus chain.

Profits are not great, I give you that, but let's see what the future brings.

re-plot is computational, it destroys NVME drives, re-plot is not green, it is wasteful

everything about chia is a lie

Everytime that chia-net says to re-plot is when they change the code, replot means say you have 1,000 plots ( 108gb files) u do 20/day, its takes 2-3 months to make  1,000 plots, and then every 2-3 months they tell you to do this again; INSANE;

Originally they promised that create a plot, forget about it, done; Now they're slowly admitting that the space is to be re-written & rented;

Bait-Switch create plots, then paradigm changes to frequently re-write HDD's, then paradigm changes to 'rent-out' HDD space; who are the real owners of the drives?

Lastly the entire chia-green narrative was put together by joint ASIAN HDD manufacturers last year, mission complete HDD's are now 4x in prices.
14  Alternate cryptocurrencies / Mining (Altcoins) / Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times on: July 16, 2021, 06:34:29 AM
Hmm, I don't know. I don't like what is happening in the crypto market. In addition, using the example of chia, I am suspicious of the projects that Elon Musk praised. Also, given the current trends, green projects are likely to be popular. Therefore, perhaps krypton is the best solution. IMHO
Wait when the bear market finally sets in for months or a couple of years. That's when we shall separate men from boys. The coins that keep fighting on and the coins that will die a tragic death. Most of this green projects and coins shit will go down the drain and by the time we are ready for the next bull run people will have already cried, accepted what happened and moved on.

BINGO we have one who can see;

The only thing green about chia is that plants like feces.

Today at 100TB ( $3k USD of hdds ) earns you a whopping $5/day ROI; Think how much ETH u could earn with $3k gpu's ( if properly shopped ); When XCH(CHIA) hits' $40 it will be $1/day for 100TB (1,000 plots); That's when the cost of electricity is more than your earning. Lights go out.

Bitcoin & ETH are like rocks compared to the 'green feces'; Crypto by nature is computational, and that is energy; There are no perpetual motion machines and there are no free-energy cryptos, nor will there ever be.
15  Bitcoin / Bitcoin Discussion / Re: Better than "GOLD" for criminals, BTC is easier to steal; Easier to scam; on: July 16, 2021, 06:20:56 AM
You become a target if you're too vocal about owning bitcoin in public places. You don't have to tell everyone that you're into bitcoin.

And about being scammed, everywhere there is a scam and it's not only in the bitcoin community that has scams. But also in real life, there are scams and hacks.
Exactly, thank you for saying this. If you are flexing your money in social media platform and you always have it on topic when you are talking to someone then you are going to meet someone that will also tell it to others until the stories found it's way on a malicious person. But OP is right that it's much easier to steal bitcoin than gold since there's no manpower needed unless there's a security that you need to breach, most things stolen nowadays are digital anyway.
Well for stealing bitcoins.

If you don't usually connect your seeds/private keys to the web and you've got your own cold storage, you're unlikely to be hacked.  

There were those people that have been hacked and their bitcoins were stolen because they've never been secure and didn't do the basics of keeping their keys safe and probably signs up for a phishing site.

Most stealing takes place on the exchanges, where most people hang out 'day-trading' the number of whales in cold-storage is probably close to 1 or 0 on this dumbed down message board.

In time once sha256 & secp256k1 are easily attacked then all high value accounts will be attacked, followed by low value, I would agree if your address has < 0.001 btc then your probably safe.
16  Bitcoin / Bitcoin Discussion / Re: Better than "GOLD" for criminals, BTC is easier to steal; Easier to scam; on: July 16, 2021, 06:17:52 AM
So BTC has become the GOV control freaks nirvanna, like a heaven for arseholes.

let me guess why you're angry:

1 - you bought bitcoin on high and now you are at a loss and decided to cry here on the forum

or

2 - you invested in gold and spent the whole year and made a miserable profit and saw the high price increase that bitcoin had and how people made a high profit investing in bitcoin and now you came to cry on the forum because you are jealous

jeebuz, let me guess your in prison right? They gave you a computer so you earn $$ by talking up bitcoin, by the post;

why is everybody crying? or at a loss?

Who miserable other than yourself

I'm just talking facts, no emotion or 'feelings' required.

Jealous of what morons? Do u understand that the average moron owns like 0.0033 bitcoin or about $1k to their name in btc? Who is jealous of  what?

When all of you head for the exits at the same time to sell, see how much you walk away with.
17  Bitcoin / Bitcoin Discussion / Re: Better than "GOLD" for criminals, BTC is easier to steal; Easier to scam; on: July 12, 2021, 09:41:51 AM
bitcoin has been used by thousands of retailers in the world, bitcoin is used by all walks of life, from large financial institutions to your grandchildren, this doesn't mean criminals don't do it, just like conventional money, criminal users also use bitcoin and crypto, actually do crime using crypto makes it easier to track down,
Agree, the FBI has more tools to detect you when you are using crypto especially bitcoin compared with fiat plus it's really difficult to split all those bitcoin in different addresses because they will track those addresses one by one. I don't get why people hate it that bitcoin is being used by criminals when it's much easier to track them this way.

COINBASE is OWNED by the IRS; They have already banned 'tainted' aka mixed coins; The FBI, NSA, and almost all Gov's on earth have now had +10 years to study and develop tech to track everything about bitcoin, especially given that +90% get in&out of BTC via the exchanges which like COINBASE have already setup 100% KYC.

Then there are the third party tools like Palintir that Lets the Govs unify bitcoin paypal and swift and track everything anybody on earth does;

U can almost argue that the users of BITCOIN are just puppet's and that the puppet masters aren't even seen. The only way to play bitcoin is to be a virgin miner, off the grid with 1,000's of S-19's mining your own virgin BTC, that is then untraceable, but what 99% of the people on this board do is probably tracked more than normal banking.

Real criminals use cash, I think that every single nimrod that has extorted somebody for bitcoin has been busted. It really is money transfer for retarded people.

Why would the Mafia trade in something that fluctuates 50% on a daily basis. Nutz.

Like all algo's what the NSA does is study all and develop predictive models, what they track of interest is that which hadn't been predicted; The anomaly is the point of interest; Like lots of BTC going to the same place, or coming out of the same place, that hadn't already been predicted;

The way its setup now, COINBASE will not even accept a 'tainted coin' and the first time u use it of course you have an account, so they know your KYC data, automatically the FBI gets a notice "Customer transaction tainted coin", visit & all, even though you were denied the ability to use it.

So BTC has become the GOV control freaks nirvanna, like a heaven for arseholes.

Which leads us back, how is this all better than physical gold in the hand.Huh Its NOT;
18  Bitcoin / Bitcoin Discussion / Re: Better than "GOLD" for criminals, BTC is easier to steal; Easier to scam; on: July 11, 2021, 03:45:55 PM
Not a peep, what can they say? Nuttin

HODL,

that's all they got.

Hater,
...

But seriously we all know crypto is the future, but u got to diversify; In 5 or 10 years from now we have no idea which crypto will be on top, but its certain is the first generation bitcoin, will be long gone;

Because the blockchain is permanent, future super-computers will be able to go back and unhash all the keys, and discrete logs solve the private-key puzzles; For all addresses of value;

 So there no 'freezing the dead' solution, the only solution is to move out before it slowly goes to zero.

Bitcoin was a trojan horse from the beginning, and we have't even begun to set the real move, remember in the entire history of NSA they have never made an algo public where they didn't have the back door keys, and again SHA256 & SECP256k1 are both NSA; Bitcoin is 100% NSA.
19  Alternate cryptocurrencies / Mining (Altcoins) / Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times on: July 11, 2021, 03:35:10 PM
Well except for the problem is that all chia shit coins call for you to replot every few months, so this re-plotting and killing your nvme's needing a super-computer to make new plots never ends;

Doubt me just check out this new NFT plot deal where they're telling everybody U MUST REPLOT again, the scam just never ends.
20  Alternate cryptocurrencies / Mining (Altcoins) / Re: Chia plotting and farming question on: July 11, 2021, 02:14:45 PM
This Asus X570 motherboard also supports 128GB RAM dual channel.

https://rog.asus.com/us/motherboards/rog-strix/rog-strix-x570-f-gaming-model/spec

This H570 ASRock LGA 1200 micro ATX mobo also supports 128GB RAM

https://www.newegg.com/p/N82E16813157999?Item=N82E16813157999
3 thousand for the entire assembly including RAM  Sad DDRAM will be $1.2-1.5 per GB, == $150-$200 / 128 GB...

I have 3 MP600 corsair on myu mobo, x590, 128gb I have tested this stuff 4+ months, I find the 128gb ram plots are slower than my NVME m.2 pcie4x16 that run 6,000M/sec xfer; This is because the RAM will hog the memory-controller, but when the plots with 'madmax' are done on the REAL NVME, especially having 3, its faster than doing it in memory. I tested this stuff months ago, and quit using ram-disk. I think this is a scam to sell memory.

I already had the 32 core amd super-computer and nvmes, so there was nothing to to buy; These nvmes aren't cheap, like $200 each; U MUST have a +24 core cpu to plot;

When plotting dont' expect do anything else with the server, madmax hogs 100% of the memory controller & IO bandwidth, I run on nice 5, and ionice idle and machine is still unusable xwindows non-responsive; I plot in batch of 18/36, takes 20 minutes do this once a day; Filling up 18tb drives take 3-4 days

The only way I see HDD mining profitable is if u mine chia on HPOOL, and then use the same plot-files on FLAX foxy-miner POOL, and also on the flax-solo, and there are like 2-3 clones that aren't scams;

IMHO the new NFT portable-plot from chia is a scam, to lock people into chia-net; A place where you don't want to stay.

NFT PLOTS SUCK BIG TIME; Useless Scam; Only pool that counts is HPOOL with +85% of the entire pool-space, they get all the wins.
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