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861  Local / Română (Romanian) / Re: Ajută Bitcoin să ajute Ucraina! on: March 03, 2023, 11:54:47 PM
Dar, cu ajutorul tuturor, poate că pe 24 februarie 2024 poporul ucrainean va putea zâmbi. Acesta este un apel către toți: Ajutați Bitcoin să ajute Ucraina!!!

Sunt de acord. Felicitari pentru initiativa si pentru traducere!
As adauga doar ca nu strica sa punem mai la vedere adresele de donatii. Ca fiecare leu satoshi poate sa ajute.
Am gasit postarea acesta, dar nu stiu daca mai este de actualitate, ca am vazut ca nu a mai donat nimeni de multisor, iar topicul este inchis. Stii cumva ceva despre asta?
862  Other / Beginners & Help / Re: Multisig Wallet 2 of 3 on: March 03, 2023, 11:31:25 PM
I'm just unsure whether I should use Bitcoin Core for my multisig or Electrum via EPS....

I didn't manage to make Bitcoin Core work with hardware wallet. It was half a year ago, but I don't expect it to be better now.

If it helps, I use (with my hardware wallet) Electrum with Electrs as server, not EPS. I've found EPS far too restrictive (although afaik it does support multisig wallets too!). So if you'll get into troubles and want to go for a better server, my tutorial is made for Windows, but since Electrs is installed onto the WSL (Windows Subsystem for Linux), it can be useful even if you have actual Linux.
863  Bitcoin / Bitcoin Discussion / Re: Bitcoin ATM Deposit Exchange Rate shocks on: March 03, 2023, 11:22:42 PM
From a quick glance and with limited knowledge of how Bitcoin ATMs work from the setup perspective, I assume that the person who owns the ATM set a pretty high fee and that fee is baked into the price for the end user.  Maybe this is done for simplicity or to hide the fees from the user so it seems like a fee-free experience, but regardless of what is to blame that receipt could give more information.  I can understand things on the screen trying to be as simple as possible and not have the user doing math to calculate fees, but to not show anything at all seems almost misleading.  Especially if it's built into the price and nothing else is shown.

It is built into the price and from what I also know nothing else is shown. Maybe some extra fee as "transaction fee" in some cases.
However, the ATM shows both buy and sell prices and you can easily see how big is the spread, hence the fee they're trying to get from you. Not the most straightforward way, nor the most exact, still it can work/can help.

The same thing happened with 1,800 dollars' worth of bitcoin, and only 1377 dollars' worth of bitcoin was received at the address.

Wow. I've seen ~14% fees and I've found them very big (normal would be somewhere closer to 6%). But in your case, if my math is right, it's 23.5%. That's indeed excessive.
864  Other / New forum software / Re: Bitcointalk Wallet Address verified badge? on: March 03, 2023, 11:02:28 PM
Recently, I was viewing some threads and reading posts in Reputation and Scam accusation sub-boards and saw that sometimes accounts with high reputation were getting hacked and hackers were using their reputation as an advantage and lying user(s) about payment address.

You may be missing something here and there.
1. I do have address (actually 2 addresses) staked, still, when I want to do things, I usually do on completely different addresses so I don't reuse that much. Would that make me a scammer? I hope not  Smiley
2. Knowing the fact from point 1, nobody stops a hacker (especially the hacker of a long inactive account) remain with this badge and still use a different address.
3. One can make a new account and stake his address and might be (wrongly) seen as reputable.

So.. I think that this kind of badge would not help. It could even mislead. The proper rules for engaging in trading on the forum are:
* Read carefully all trust feedback no matter who made it, then decide for yourself.
* Make proper use of reputable escrows.
* Avoid impersonation by avoiding other messaging platforms and by using and requesting signed messages (and here the staked address will help).


I think that this is more appropriate for Meta.
865  Other / Beginners & Help / Re: Why recommend when they don't understand the risks? on: March 03, 2023, 10:49:17 PM
Anything different from bitcoin is a pure gamble

No matter how good projects look in this crypto space, the risk is always present.


You basically said it all in these two lines. People are slowly starting to realize that the power of bitcoin is because the guy/group who started it is/was a good person. He/they had great intentions because of the fact that his/their coins haven't moved for over 14 years now.

Yes and no. Bitcoin is still risky too. Clearly not in the way it was 8, 10 or more years ago, but still risky, let's be honest. Some accept and embrace that risk, some get scared and end up buying high and selling low. Some don't even understand that if Bitcoin will be an even bigger success than now, it will be even farther than now from what it was 10 years ago (as privacy - KYC, as hacks, as technology - see LN for example). Plus the war and a (bad ass) blizzard can still drop the hash rate significantly in 2023!

So bitcoin is still fair to be seen as a risky investment. Riskier than some others (like buying a house and renting it out, for example). Better than some others (imho bitcoin is less risky than many stocks!).

Altcoins, omg, yes, much, much riskier. But pure gamble? No, I wouldn't call them that. I would call 95%+ of them scam, simply because their sole use is to get money flowing for no good reason. Then there are the actual altcoins that may worth attention. Now and then they have good gains even vs bitcoin. Now and then they fall badly. A skilled trader or even investor can earn nicely. Some are strong projects that even worth more support. But gamble? A beginner, probably he can see them as a gamble and they will most probably lose in that. For somebody with enough experience it can be.. just a higher level of risk.

So if one wants to go that route.. it needs years of research before the first move is made. Clearly at that point one is no longer beginner. Before that... yes, avoid.
866  Bitcoin / Press / Re: [2023-03-01] Forbes - The Nigerian Election And Naira Crisis Are Fueling Bitcoin on: March 03, 2023, 10:30:23 PM
Because of this deterioration in the Nigerian naira and the high demand, especially by young people, to buy bitcoin, the price of bitcoin in Nigeria has risen to about 38,000$, as I read in some news several days ago.

From what I've read, that's not quite true. I think that was/is a result of converting BTC Naira price into USD at the "official", inflated rate.
Quick search: official rate: 1 USD = 461 NGN; and the "black market" rate: 1 USD = 755 NGN (source)

This makes sense, and essentially means it's not so much that BTC is appreciating in price, but Naira is worth much less than officially declared.

You're right. The newspapers have greatly fueled this misconception, but it was debunked nicely on bitcointalk, see:
Misconception of selling at premium in Nigeria

Basically the BTC-USD parity is the normal one, just the USD price/rate in Naira is much bigger on the street than what's in the official papers.
So the premium is not on Bitcoin itself, it's actually on USD, if we can say so.
867  Bitcoin / Hardware wallets / Re: Best and Secure HWW ( Hardwarewallet ) on: March 03, 2023, 10:19:33 PM
What would be your first 3 choices?

I don't care about cost or user interface, it's all about security, trust and transparency.

I was planning to use 3 different providers for my 2 of 3 multisig wallet.
I would not like to rely on a provider .... you never know these days.

Which 3 providers would you choose if you had a very very high amount in bitcoin, like a whale

I don't know if this can be done for multisig (no experience, but I don't see why not) but I'd go for more than only standard hardware wallets.
Coldcard is a top choice.
I'd add Trezor or Ledger because of the sheer number of items sold.
And, as something that's not a standard hardware wallet, I'd add either an airgapped cold storage (worse case scenario an USB stick with Tails OS and Electrum) either a SeedSigner device.


But as I said, I don't have enough experience. I have a cheap Ledger, but no multisig. I'm too far from being a whale Smiley
868  Other / Meta / Re: Reducing website load when you want to login to your Bitcointalk account. on: March 03, 2023, 09:23:06 PM
 Greetings,
The idea is approximately ot reduce of BitcoinTalk account load in term of space and speed ⏩  on the server and also by implementing the idea will help to save space, money and increase the website load time.
ldeawhile searching for some topic we found many post related to "Banned/Block" user who are no longer part of this forum, and deleting the banned user data/record will save a lot of space and also reduce the record per search term. This will also there will be fewer record in the Database and the query will be expected fast.
Note÷ you can create a backup of files in case ones may need it in the future.

Some things I'd say to this:
* I think that some (many!) of those posts are supposed to stay. Else the user would be nuked (and then his posts are indeed deleted) instead of banned.
* By your logic, if somebody is banned by mistake and gets reinstated, a revert or some sort of merge would be needed. Unpleasant.
* I'm far from certain that removing those posts would bring so much of a speed increase: I expect users table and posts table be separated.
* Sooner or later we should migrate to new forum software, so drastic changes are expected to not happen here. But sadly this takes much longer than most have expected.
869  Economy / Speculation / Re: BTC Sentiment Poll for March on: March 03, 2023, 09:14:35 PM
I think that Q1, most of Q2 and maybe some of Q4 of this year are supposed to be bullish. But it's more a hunch than something based on hard facts.
Also the latest FUD attempts here and there looked more desperate than ever.
So yes, I think that March will end up positive. There's plenty of time to see the price rising again.
870  Bitcoin / Bitcoin Discussion / Re: Bitcoin and education on: March 03, 2023, 08:38:00 PM
My question is can someone who is not well educated (secondary school graduate) understand the statistics of bitcoin investment or Bitcoin trading?

Investing is rather easy and, as long as one has money he can lose (or keep locked for long time) he can invest. Historically, if one kept his investment untouched for long enough, ended up in profit.

Trading is difficult and even high education may not cover it. Certain skills (coolness) are also required. So, like some others, I'll also advise you be careful and think twice before you go with trading - or just simply avoid it. To be clear: for short periods of time one can easily get lucky and end up on profit; on long term, if not skilled enough, will lose.
871  Economy / Scam Accusations / Re: Doing some work for Saxydev, Earned $90 but Never received the Payment.  on: March 03, 2023, 08:24:54 PM
I am truly sorry for him.

I'm not. I've reported that for trolling, because, although he might have been drunk or high when he has done that, it's not even funny and .. it's still trolling.
However, I know that trolling is more often ignored than getting handled, but we'll see...
872  Bitcoin / Bitcoin Technical Support / Re: Changing a word of a seed. Will it break safety? on: March 03, 2023, 08:03:10 PM
I have a question regarding the creation of the seed. I already have a seed of 24 words. From this one I would like to change one of the words using a dice or coin to make it random, and thus create a new seed, in doing so it will also change the 24th word checksum.
My doubt is, will that change break dangerously the randomness and security of the process? Is this as safe as creating a new seed completely? Would it be safe to create different seeds just by changing one particular word?
I appreciate your comments.

As said, you cannot change like that one of the words. What you can do is to add passphrase to the wallet = one or more words separately from what the hardware wallet gives.
But I think that the hardware wallet has to support that. My Ledger HW supports it.

However:
1. The common procedure is that the passphrase should be stored differently from the seed.
2. Because of (1) there's a high chance you'll lose or forget about the passphrase and since the wallet from only the seed is also valid (but with different addresses) you may think at some point in the future that either your coins got stolen, either you wrote down the wrong seed.

All in all there are benefits and risks too in using it, however, it can help you if you thing that the seed provided by the HW is - for some odd reason - not safe enough.
873  Economy / Games and rounds / Re: SINBAD.IO Mixer March Bitcoin Price Prediction Challenge on: March 03, 2023, 07:39:55 PM
Prediction 1: $26,320.23
bech32 address: bc1qeuvhugrlu8g34e8wl3s8dtm2k8mjf0khvqxmaf
874  Other / Beginners & Help / Re: Electrum Wallet + BitBox02 on: March 03, 2023, 10:10:43 AM
I thought if I connect Electrum to the BitBox I get 2 seeds

1x from the BitBox
1x from Electrum

but I think I'm wrong.
The coins are still on the seed of the BitBox because Electrum only serves as an interface

You start to understand.
The point of having BitBox (or any hardware wallet) is to not allow Electrum handle the seed (and private keys) because Electrum stays on a computer connected to the internet, thus unsafe.
As long as you have BitBox correctly set up and connected, Electrum will know that it doesn't have to handle seed/keys/signatures, instead ask BitBox do that job.

"The coins are still on the seed of the BitBox" <- this is not correct, but still a not too bad representation either. The coins are not in a wallet or a seed. They are on the blockchain and anybody can see them as long as he knows the address(es). And that's OK. However, only the person(s) having the private keys (which are created from the seed) can spend the coins. And that's where BitBox helps in a secure manner.
875  Other / Beginners & Help / Re: Electrum Wallet + BitBox02 on: March 02, 2023, 08:51:25 PM
Unfortunately you misunderstood my question.

I only use the hardware wallet as a security device to authorize my payments.

My coins stay on the Electrum Wallet not on the BitBox

You misunderstood how bitcoin works. The coins are never in a wallet, they are on the network. The wallet only handles the keys (and shows the amounts).
This being said, as long as you have a properly backed up seed and nobody else has access to it, you're good and you'll be able to recover your wallet/addresses/keys. It's preferable to do that with a/another hardware wallet for obvious reasons.
876  Economy / Economics / Re: Would You Consider Adding Bitcoin to Your Retirement Savings on: March 02, 2023, 08:47:29 PM
Bitcoin’s future remains uncertain for now so it’s actually not bad to reserve some bitcoin for retirement so that if ever the price surges high, at least we can also benefit from it and will make our retirement days valuable. But let’s not also forget to secure fiat before bitcoin because it’s an obvious fact that fiat will still be highly needed in the future especially if we have some maintenance check ups and medicines that will help us live a longer life.

The thing is... that nothing is certain. Not even fiat. And I don't mean the current day's inflation, which is still not huge (but far from small either).
But look at Venezuela and their fiat. Do you really think that something like that (2018-2021) cannot happen to "better" fiat, like EUR or USD? Not now, but maybe in 20 years? Never say never.
That's why keeping some eggs in more baskets is the best... if one can afford that.
877  Bitcoin / Bitcoin Discussion / Re: If bitcoin is lost in a wallet can it ever be recovered on: March 02, 2023, 06:23:14 PM
The reason for this question is that I just wanted to know if after losing one's bitcoin, will it be accredited to the number of Bitcoin mine even if the wallet can never be recovered

If Yes then can't the wallet be trace back Afterall it is possible to see the number of Bitcoin own by an unknown individual through bitcoin Blockchain and with the years of dormancy of the address its possible to know if the wallet address might be lost and if the address as been long (like 2010, 2011 or 2012) such address could easily be hacked because it likely an Hot wallet and security was not that strait

1. No matter a wallet is lost or not, the coins will remain on the address they belong to, no matter what. And that's because there are many cases that addresses from very long ago are actually not lost (one example is collectibles / funded Casascius coins). And if bitcoin would implement a way to get those coins, that would be stealing.
2. You say that those addresses can be easily hacked, still, I've didn't hear of any such hack. Do you actually have any proper info that can back this assumption of yours?
878  Economy / Gambling discussion / Re: F1 Formula Sports Racing - Sportsbet.io promotions & discussion thread on: March 02, 2023, 03:05:38 PM
I know it looks bad ATM, but they do seem hopeful for that set of upgrades that are coming with that race. As they mentioned, they already froze the current design of the MCL60 about a month or two ago, because they realized that they wouldn't get what they were aiming at aerodynamically, which is why they're looking for that race as it will probably represent a drastic change in philosophy for that segment.

I've only seen the first day of pre-season and I've stopped there. I think that the first two races will tell much more than the test would do.
Plus, if Mercedes is so far behind, I kinda doubt Aston Martin would be that close.
I hope that the gaps (overall) are not that big and that we'll see some nice racing. I'm curious if Oscar or Nyck will perform some miracles on the grid; I wish they will Wink
879  Other / Beginners & Help / Re: Do you know which Bitcoin wallets provides complete anonymity & privacy? on: March 02, 2023, 02:58:16 PM
PROS-

  • High level of anonymity and privacy.
  • Offers coinjoin transactions for added privacy.
  • IMO it has a user-friendly interface.

CONS-

  • May not offer as high a level of anonymity as other wallets

Electrum offers coinjoin? Must be a copy-paste mistake.
Also coinjoin is imho overrated, since the link between coins/inputs is not broken and also the coordinator knows about all the movements.
And, let's not forget: you could have been also adding at least Bitcoin Core to the list. Maybe Sparrow too.

The 2FA part was already said, I won't repeat that.
880  Economy / Collectibles / Re: [FREE RAFFLE] Betnomi Cold Wallet - 8 round 🦊 on: March 01, 2023, 06:26:06 PM
28 - NeuroticFish

Thank you!
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