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2321  Economy / Gambling discussion / Re: 2023 Oscar Awards betting and discussions on: January 06, 2023, 09:13:02 AM
I am not quite certain why Ke Huy Wuan is the very big favorite. I speculate this will change after the Golden Globe awards and the official announcement for nominations.
Looking at those odds, I don't understand either. At the moment, it is a bad bad and for me personally at least two actors were better in their roles (Brendan Gleeson and Barry Keoghan for Banshees a The only thing I can think of why everyone is pushing "Everything Everywhere All at Once" is because it has certain amount of wokeness, and we know that Academia loves these kind of things. Anyway, 1.36 on him is not worth the risk, looks like this year I will go for surprises and not the favorites.


Kerry Condon - The Banshees of Inisherin Wins - 2.50
This wouldn't be a bad bet imho, she did a good job there.
2322  Bitcoin / Bitcoin Discussion / Re: Why do people store their cryptocurrency on exchanges? on: January 06, 2023, 08:47:39 AM
I am in the process of purchasing a Ledger Nano offline wallet and it got me thinking about why people store their digital assets on crypto exchanges.
Some to get measly return via staking, some simply due ignorance, thinking that exchanges are sort of banks and that they funds are "safu", some are simply too afraid to hold their own coins and would rather put that responsibility in someone else's hands. Neither of these reasons make any sense, but that's people.



 
What would happen if Binance got hacked tomorrow and lost the majority of its cryptocurrency? Would they be able to reimburse customers or would they become insolvent?
Since their "safu" fund is allegedly 1 billion and Binance is in control of tens of billions of dollars, you can imagine what would happen and whether they would be able to reimburse everyone.


I asked my close group of friends how many store their assets on exchanges and only 1 out of 6 uses an offline wallet.
In the early days bitcoin attracted mostly people who were heavily into privacy, freedom, believed in "be your own bank" thing, but majority of bitcoiners nowadays don't really care about any of those things exepct numbers going up, so this example of yours doesn't surprise me one bit.


They store because they want higher exchange rates in future.
And how exactly you get "higher exchange rates" by storing your crypto on the exchange? Exchanges are for trading (exchanging) currencies, not for storing.
2323  Other / Meta / Re: Report plagiarism (copy/paste) here. Mods: please give temp or permban as needed on: January 05, 2023, 10:03:55 PM
For example, in six minutes he/she managed to write five posts in totally different topics, and that is really an ''amazingly'' fast result.
Well, if you wrote 38 (out of which 12 were new topics) posts today like he did, you also would have to be very fast and not waste your time to actually think about the answer Cheesy

This guy has been pooping all over the forum for the last couple of days, I think that he could use a temporary ban to chill.
2324  Bitcoin / Bitcoin Discussion / Re: 25th Seed Phrase on: January 05, 2023, 05:33:47 PM
Also there are some DEX that let user buy and sell bitcoin for fiat P2P like Bisq. I believe a 200BTC can be easily cash out nowadays due to the P2P offered by DEX.
Given the Bisq low volume, it would take you a long time to cash out 200 bitcoin that way. But I agree, cashing out 200 bitcoin at this day and age is not that hard if you know where to look, and people that managed to hack him are surely not some noobs.


years back first generation hardware wallets were just USB devices that when plugged in, opened a webbrowser with the interface being a webpage(facepalm) . so soo soo many flaws back then
Oh damn, I had no idea that it used to be like that in the early days. Just a thought of typing my seed into some web browser app or whatever it was makes me very uncomfortable. I got my Ledger Nano S back in the late 2017 (after I lost almost everything I had) and wouldn't go back on any other type of cold storage.


although has this been the first time he lost large amounts of Bitcoin?
My guess is yes, because if he was hacked before, he would be way more careful than he was. Btw not saying that he was careless, but he would probably be extra careful it it has already happened in the past.
2325  Bitcoin / Bitcoin Discussion / Re: Libertarians -- where are they now? on: January 05, 2023, 10:03:52 AM
There is nothing anarchist or lawless about Bitcoin.
Who said that? Anarchism and crypto-anarchism (that was mentioned by OP) are not the same things, you might wanna read up on the latter.
2326  Bitcoin / Bitcoin Discussion / Re: 25th Seed Phrase on: January 05, 2023, 09:21:05 AM
ledger USB device has its own keyboard?? .. show me
You don't need a keyboard to enter seed phrase in Ledger, few buttons on the device are enough for that. Its clunky and not most convenient, but I'll take that over entering seed in some app which is way more dangerous (fake apps, keyloggers etc). Here is the video how its done https://www.youtube.com/watch?v=XRzGix11T18

By the way, how are you doing it on your hardware wallet, if you have one?
2327  Local / Hrvatski (Croatian) / Re: SCAM upozorenja Zbirni topic on: January 05, 2023, 09:10:26 AM
Ma nisam baš u tolikom strahu da bi kupovao uređaj za provjeru Smiley Osim toga, baš me zanima kako bi me gledali u Konzumu kad bi svaku novčanicu išao provjeravati s uređajem i tako stvorio dodatnu gužvu i nervozu Grin
To bi trebali ovi u Konzumu imati uredjaj za provjeru novcanica na svakoj blagajni a ne da ti hodas okolo sa uredjajem.  Cheesy

Inace, ne podvaljuju se samo novcanice nego prolaze i kovanice. Naime, jucer sam naisao na slucaj gdje je neki lik na naplatnoj kucici Lucko umjesto kovanice od 2 eura dobio nekakvu azerbejdjansku kovanicu koja vrijedi ~90% manje, a relativno je slicna euru. To je naravno skuzio tek kad je dosao kuci da tako treba malo pripaziti bez obzira od koga se prima kusur, ali zamisli kakav lik moras biti da ides uvaljivati lazne kovanice.

2328  Economy / Exchanges / Re: Indians moved 0ver $3.8B to foreign exchanges because of new crypto tax rules on: January 05, 2023, 08:47:04 AM
Once again governments being shortsighted instead trying to get as many people as possible to keep their money in the country and report their tax. Since I couldn't find it in the article, I am curious what was the previous %, before this 30% flat tax?


But I know that government will come up with new measures to find out all the details on foreign exchanges also.
Probably. And then people will try to find other ways to dodge paying.



The more I see situation around the world, the more I appreciate my country stance on crypto as over here (Croatia) our crypto tax is 10%, which goes to 0 if you can hold it for 2 years.
2329  Bitcoin / Bitcoin Discussion / Re: 25th Seed Phrase on: January 05, 2023, 08:16:09 AM
even a latest hardware wallet. a hacker can simply set up a phished/emulating GUI display to show "error with device. to reset device please re enter your seed" or whatever their error pages look like to get people to type it in.
Are there any hardware wallets that actually ask you to do something like that in any circumstances? If yes, then that's a very dangerous thing to have. So far I've been using only Ledger and the only way to enter seed phrase was directly using the device and not via Ledger Live app so if any message like that pop up, Ledger users should know that it is a fake. Not that it would stop some people entering seed anyway.


This shows that we can't be safe if we do not know what we are doing.
This shows that you aren't 100% safe even if you know what you are doing (its safe to assume that person in question knew considering his experience). Since this guy wasn't anonymous, I don't think that this was just some random attack and instead he was targeted which is a different thing than just clicking on some malware link and losing your bitcoin that way. Then again, smart people can do stupid things so maybe this was a brainfart.


2330  Local / Nigeria (Naija) / Re: [CHARTS] Monthly Overview Of The official Nigeria Local Board📈 New Poll on: January 05, 2023, 08:00:17 AM
From my point of view of the poll, I will prefer the both because for the Meta board will give information to the forum members to know the activeness of the local board while posting it in the local board with the local language will also help those who are not too good with the British and American language to understand it better.
Since local board overview is mainly aimed at the members of that specific board, there's no reason to keep it in Meta. This was unique situation since Nigerians didn't have their own board and this topic served as another argument that they do deserve one so creating it initially in Meta made sense. Now that goal is achieved, there's no need for that anymore.



Voted for moving this topic to a Nigerian local board as I think that's more appropriate place. After all, members of others board that are doing similar overviews (myself included) are sharing these in their own local boards, not Meta.
2331  Bitcoin / Bitcoin Discussion / Re: 14 years ago today, the first Bitcoin was mined. on: January 04, 2023, 05:47:12 PM
Many people hope that there are able to buy Bitcoin when its market price is still low without considering its low potential before. To those people who has the same mindset; just think of why there were people who traded their Bitcoin to a pizza, a man lost his hard drive containing huge amount of Bitcoin, and stories of the like. Simply because they were in doubt of this technology before and we cannot blame them.
I don't think that Laszlo Hanyecz (the guy who bought pizza with bitcoin) should be in the group of people who were in doubt of bitcoin, or that is the reason he got rid of it easily. If anything, he is one of the very first adopters as he actually used bitcoin for buying something tangible (and what's more tangible than food) proving that it is a real money. Without those who were using huge amount of bitcoin for now seemingly insignificant stuff, 99% of  us would never hear about bitcoin and would not be here today.
2332  Economy / Service Discussion / Re: Bitcoin prepaid visa card, no kyc on: January 04, 2023, 05:37:47 PM
Is it possible that they simply bought the domain from somebody else? From the Crunchbase link, it is stated that they were founded in 2021, so the year does not check out (CMIIW, I'm not familiar with how DNS registration work). Their Twitter was also registered in 2021, so that's that.
I just checked Wayback Machine and the first snapshot of the page goes all the way back to Augsut 2018 when there was some kind of bitcoin equipment store on that domain, meaning they obviously bought it later on (the first working snapshot with them goes back to April 2022).

Not that all of this is very important anyway as they didn't claim to be operating more than they can prove, which would be a red flag.
2333  Bitcoin / Bitcoin Discussion / Re: 14 years ago today, the first Bitcoin was mined. on: January 04, 2023, 01:31:57 PM
Happy birthday Bitcoin, I didn't buy you on time and I'm very sorry about it
Don't waste your time feeling sorry and thinking "what if" and instead focus on acquiring bitcoin. You probably won't get filthy rich, but for sure its not too late to buy now, especially since current price is far from all time high.

I did similar mistake back in early 2014, thinking (wrongly of course) that I was too late and instead buying 0.1 bitcoin I spent few hundreds of dollars on shitcoins instead. Fortunately, later on i realized my mistake but I never look back thinking about it (unless I see posts like yours) and instead I feel fortunate that I am buying bitcoin on the regular basis in the last 6 years which proved to be a very good move.
2334  Local / Hrvatski (Croatian) / Re: SCAM upozorenja Zbirni topic on: January 04, 2023, 01:04:09 PM
Ako meni netko uvali lažne novčanice i ja to ne primijetim nego kasnije nešto platim tim novčanicama i trgovac primijeti, tko je onda kriv? Vjerojatno ja ali kako onda dokazati da nisam proizveo te lažne novčanice nego mi ih je netko uvalio, a ja nisam primijetio?
Recimo netko ti uvali laznu novcanicu i ti sa njom odes u ducan i tamo skuze, pozvat ce policiju koja ce te odvesti u stanicu (nece te uhititi naravno, samo razgovor da naprave zapisnik) koja ce te onda dalje ispitati od koga si primio te novcanicu, da li ih imas jos etc, te ako si im sumnjiv onda ide i pretres stana i daljnja procedura. Uglavnom, ako si cist ne bi trebao najebati.

U ovom razdoblju prilagodbe ja jednostavno forsiram kartice i bok, i onda se ne moram misliti dal ce mi netko probati uvaliti laznu. Dok nasi svuda ne nabave uredjaje za testiranje koji su norma vani.
2335  Economy / Exchanges / Re: [Updated] FTX on: January 04, 2023, 10:07:14 AM
The early witnesses are in a different situation... they are like the whistle blowers and or the ones that helped to build the case against Sam and against FTX.. sure, they might have ended up getting prosecuted.. but it seems that they turned themselves in.. and chose to cooperate quite early on.
That's why I thought that SBF might plead guilty, seeing that chances of him being acquitted after those two pleading guilty are slim to none. You are right though, it may be a part of the tactic as I read that by pleading not guilty his case enters discovery process so his lawyers can take a look at all the evidence they have against him and then later try to get a deal.

Considering all the bullshit that he was publicly saying about not doing anything wrong + two (at least) witnesses against him, going for a trial would be a stupid move imho. Anyway, still plenty of time left until October 2nd when trial should start.
2336  Bitcoin / Bitcoin Discussion / Re: Bitcoin birthday reminder: You could have been a millionaire using this tool on: January 04, 2023, 09:54:21 AM
In 2010, Gavin created a Bitcoin faucet that gave users bitcoin for solving captcha. You had to solve old style captcha which would have taken like -10 seconds and 5 bitcoins were yours in return. If you did this once a day, you could have been a millionaire today.
I see absolutely no point thinking about what you could have/should have done more than a decade ago as it won't do you any good. The same goes for all those articles during bull run with titles such "if you spent $100 on bitcoin 12 years ago now you would have xyz millions". The only thing that it achieves is newbies investing in altcoins instead of bitcoin, thinking that they are too late while they should focus on getting bitcoin now.

2337  Economy / Exchanges / Re: [Updated] FTX on: January 03, 2023, 07:28:41 PM
After his closest buddies Caroline Ellison and Gary Wang pleaded guilty, SBF decided to go another route and pleaded not guilty on all charges. Bold move I must admit, after those two pleading guilty.


In a development that many expected, former CEO Sam Bankman-Fried officially pleads not guilty in the FTX fraud case. The Tuesday hearing has seen the disgraced founders’ official plea to criminal charges by United States prosecutors of fraud and conspiracy,

Bankman-Fried is accused of utilizing customer assets from his now-bankrupt crypto exchange platform to fund bets through hedge fund Alameda Research. Moreover, his not-guilty plea differs from the action taken by Alameda CEO Caroline Ellison, and fellow FTX founder Gary Wang.
2338  Other / Archival / Re: [POLL]What do you expect from Bitcoin in 2023? on: January 03, 2023, 06:00:36 PM
Voted for "There will be a continuation of the bearish trend and a new bottom" as I don't think we are at the bottom yet but not far from it as well. Everyone expects that bitcoin do its things like in previous cycles, but this is the first time in its existence that it may go through recession so recovery and new all time high might take a longer time than before. Then again, I've been consistently wrong in my pessimistic predictions so hopefully it will be the same this time.

Either way, I have no intentions waiting for possible bottom and instead I've been adding more bitcoin on every salary.
2339  Economy / Reputation / Re: 5000 good posts reported - we can all do it too! on: January 03, 2023, 08:04:53 AM
I just did 13 with 91% accuracy; I hope I improve this year and get some good accuracy. Thanks for the advice as well.
Its perfectly normal to have somewhat lower accuracy when you first start reporting, especially before you get the access to report history (you get that after 300 good reports) as it gets easier to figure out bad reports if you report in bulk.
If you want to reach those 300 good reports asap, probably the best place for that is altcoin board due sheer amount of shitposts there.
2340  Local / Altcoins (Hrvatski) / Re: Altcoin novosti on: January 03, 2023, 07:55:48 AM
Sto se tice onog contesta, tko zeli pratiti situaciju moze to napraviti ovdje (Loyce updejta na dnevnoj bazi). Od nasih, slackovic je trenutno na odlicnom drugom mjestu ( i jako blizu prvom), casperBGD takodjer nije los na 8. a ne daleko od njega su Trofo i cryptofrka na 11. i 12. mjestu.
Svi mi koji smo imali veliki postotak u stablecoinima smo za sada na dnu (ja sam 32. od 41) a nadam se da ce tako i zavrsiti contest jer bi to znacilo da godina i nije tako losa bila
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