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1061  Bitcoin / Bitcoin Discussion / Re: Do you ever feel tired of waiting? on: October 12, 2023, 10:47:35 AM
~snip~
Don't get me wrong, I'm not against holding, nor am I getting frustrated, at least not yet; I did it in the past and regretted it, even though my only source of income is signature campaigns. It's just that sometimes you can't stop the thoughts from circling around your head. I generally didn't bother to even look at it's price, but I've recently started feeling a little wearied. Perhaps it has to do with the life-induced stress that I've discussed in a previous thread. Who knows? How do you cope with waiting?


The problem is precisely that most people are waiting for something to happen because they are only interested in profit, and the frustrations you mention are most expressed precisely at a time when the price of BTC is relatively stable. I stopped thinking that way a long time ago because it simply does not lead anywhere, and instead you should try to live without high expectations and accept that you cannot influence the price of BTC.

In addition, if you believe that the four-year cycle is still something that is in play, then you have no reason to be frustrated because we are still in the accumulation phase and everything that is currently happening has already happened several times, only the numbers were different. I well remember how frustrated people were during 2015 when the price of BTC was just above $200 and some said it would never reach $1000 again, but look where we are today Wink
1062  Bitcoin / Bitcoin Discussion / Re: Proof of reserves? Insurance fund? Best I can do is a random number generator! on: October 11, 2023, 01:45:25 PM
CEX is here for profit and nothing more, so everything they say should be taken with a grain of salt. When we add someone like Bankman to that, then the whole thing looks even more tragic considering his real competence to run such a company. What these people are really good at is creating worthless tokens, and that's something they have in common when it comes to selling their nonsensical ideas to anyone naive enough to believe in them.

It really amazes me that such a company could even do business in the US, because what we are seeing now, someone should have noticed and reacted earlier and prevented everything from going to hell. How realistic is it that no one knew about all these illogicalities within FTX until it was too late, isn't there someone who oversees such things?
1063  Economy / Gambling discussion / Re: ⚽ UEFA Euro 2024 in Germany ⚽ - Qualifiers on: October 11, 2023, 01:21:36 PM
Croatia vs Türkiye in 2 days time could be the match that will decide who will be the leader of Group D. If Croatia wins this match, they will most probably finish as the group leader. If Türkiye wins, the competition can continue until the last match.
Historically, Türkiye cannot beat Croatia. In the last ten matches, only Türkiye won the match played in Eskişehir in 2017. Other than that, the matches either ended in a draw or Croatia won. This match will also be very difficult for Türkiye.
Montella has just taken over the team and this will be his first game. That's why we don't know what kind of game he will play. Therefore, we can say it's a match open to surprises. But Croatia is of course the natural favorite. A draw would be a good result for Türkiye but I expect them to play for the win.


What is specific for this match is the large number of injuries on both sides, so the following players will not play for Croatia : Ivan Perisic, Luka Ivanusec, Mislav Orsic, Bruno Petkovic, Andrej Kramaric and Marko Livaja, who no longer wants to play for the national team. Some new players have been called up as substitutes, and the question is whether they will take advantage of their opportunity.

According to the information I found for Türkiye, some very important players will also not play : Caglar Söyüncü, Arda Güler, Cengiz Ünder, Enes Ünal, Mert Günok.

Croatia is the favorite because it plays on home ground, and it should be noted that the match is played in Osijek at the Opus Arena, which is a new stadium and currently one of the most beautiful in Croatia. Tickets for the match sold out in just 8 minutes, and the support will be fantastic.
1064  Economy / Speculation / Re: Hal Finney: each coin a value of about $10 million prophecy on: October 11, 2023, 12:57:51 PM
The prophecy is based on Bitcoin eventually becoming a worldwide currency, and therefore representing all global wealth, which at present has little prospect of being fulfilled. The predictions made by Saylor are not so different, but in this case considering the Bitcoin as the world's store of value that will defund all other stores of value to attract all the wealth to it, which also seems to me to be exaggerated.

Neither the Bitcoin is going to be a predominant world currency nor is it going to demonetize all assets (stock market, gold, real estate, art, etc) to absorb all that money by itself.

At some point the price will reach $10M, just as it did before at $1M, but by that time the purchasing power of $10 (and $1M) will be much less than it is now due to inflation.


People get carried away with big numbers, although Hal wrote in what context he thinks such a price could be realized. But I also agree that it is completely unrealistic to expect that all the world's values can ever be transferred to Bitcoin, because then the whole world would become decentralized, which really seems like one big impossible mission.

I think that Bitcoin will always be just an alternative to the existing system, and that most people will never accept it as an idea conceived by Satoshi. From my perspective, the average resident of the UK or US is still very attached to their national currency, let alone countries like China or India that have very negative attitudes towards anything they cannot control.

However, if in xx years there will still be $, perhaps 1 BTC will really be worth a million or more, but the purchasing power of those millions may be ten or more times less than today.

Regarding the comparison between Hal and Saylor, it should be taken into account that Hal wrote this at the very beginning of Bitcoin's existence, and Saylor says it today when some things are still much clearer than then.
1065  Bitcoin / Bitcoin Discussion / Re: Bitcoin vs Precious Metals - the final verdict is in. on: October 11, 2023, 10:50:22 AM
~snip~
Gold is not going to make someone rich. How many people have you ever seen that say "investing in gold made me rich"? None!

Maybe no one will get rich trading gold in the way you described, but there are people who make huge profits from gold, and I am primarily referring to gold mining companies. There are also ordinary people who search for gold with metal detectors in their spare time, and there are some TV shows where their adventures are followed, and I remember that some of them get lucky and find a really big nugget of gold.

Bitcoin is something completely different, and its volatility (in the short term), and especially in the long term, is incomparable when it comes to possible profit. In addition, we live in a digital world, and new generations have less and less interest in precious metals.
1066  Other / Meta / Re: Legendary Members Spread Completely Fake Information - Merit System Do Not Work on: October 11, 2023, 10:20:32 AM
Your best bet is just to put BADecker on ignore.
For reasons known only to the forum administration, he is given carte blanche to break all the forum rules, including ones which get other users permabanned without a second thought, such as plagiarism and death threats: https://bitcointalk.org/index.php?topic=5400571.msg60248138#msg60248138. This has been discussed at length before, and still he is allowed to break rules with abandon.
~snip~


It is one of the mysteries of the forum that is still unsolved, and the only thing we can conclude from it is that this member has some kind of special status that allows him to do things for which others would very easily get a permanent ban.

As for ranks and merits, the fact that the OP opened this topic only confirms that some members believe that rank in itself means something, but if the member in question appeared on this forum after 2018, he would not even be a Hero member today.

The only thing that the admin should have added to the merit system is an addition that would allow lowering the rank if an active user fails to prove within a certain period that he is worthy of the rank he achieved with airdropped merits.
1067  Other / Meta / Re: How many people use Tor to access TalkImg? on: October 10, 2023, 01:55:55 PM
I have never encountered any significant problem whilst uploading images to TalkImg.com through Tor. Only small annoyances like not uploading fully, which was easily fixed by doing a simple Tor Circuit change that is only two clicks.

I can say that I have a similar experience, whether it's Tor or VPN, it all depends on what our own internet traffic is redirected through, but it's nothing that can't be solved by changing the circuit, as you say.

There is no doubt that with Tor we can experience problems with slow page loading or the occasional request to solve a captcha, but I think that many people do not understand how Tor works and that they have to adapt if they want such a dose of privacy.



Are there any reasons that encourage to use TalkImg with a Tor browser? Are users concerned about a threat to their privacy possibly posed by this website? Why not use any other browser like chrome or firefox on TalkImg?
~snip~

I don't think the question here is that the OP is encouraging someone to do anything, but in my opinion the point is that if you already use Tor as your main browser, then you will use TalkImg with that browser - and if you have problems using it, that means you would have to use another browser at the same time.
1068  Other / Beginners & Help / Re: Before and after bull run. on: October 10, 2023, 12:59:15 PM
Before and after bull run , please keep in touch with your relatives who are into bitcoins/Cryptocurrency.

The question is how did these people come to invest in cryptocurrencies in the first place? If you are the person who pushed them in that direction then it makes sense that you take care of them and their investments because you are somehow responsible for them. Otherwise, I will certainly not interfere in someone's financial decisions, because in the past it cost me not only nerves but also money.

No life is worth loosing for any reason, the bull market and the bear market ahead should not be the genesis of another disaster.

This is true, at least for those who value life more than money and material things, but there are always those who do stupid things in life and behave frivolously. It is very difficult to help such people, because they do not learn from their mistakes and, moreover, they do not want to listen to well-intentioned advice.

Keep in touch with your family and friends before and after bull run, the happiness of profit can also drive one crazy which can make one do something unreasonable such as getting drunk, driving recklessly and many more.  To those who will see this thread, please keep this words in mind.

Aren't people drinking too much and driving recklessly whether we are in a bear market or a bull market? I see such people almost every day of the year and they don't need any reason to do something stupid in their life.
1069  Economy / Reputation / Re: Murat Scammed 62k Metropoly token on: October 10, 2023, 10:31:31 AM
~snip~
Fair enough, but seeing the conversation from the other thread, the writing is on the wall that Metropoly project is being the dishonest party not honouring their part of the deal.

As if this is something new when it comes to bounty campaigns in which the owner of a project can at any time refer to the fact that the goals of the project were not achieved at all or were only partially achieved and therefore cannot pay those who promoted it as much as promised. Even if it doesn't go in that direction, some use the option to simply say that most campaign participants are bots or alt accounts that don't deserve to be paid.

No matter how we look at it, the fact is that in this game everyone takes risks, and the only question is who will someone point the finger at and declare him guilty after all. I would say that everyone bears part of the blame, regardless of whether they organize or participate in bounty campaigns.
1070  Bitcoin / Bitcoin Discussion / Re: 100% of Bitcoin Pre-mimed In the first block- 21m in circulation. on: October 10, 2023, 10:04:55 AM
These articles are often from altcoins to support their argument, those currencies in which the developing team holds most of the liquidity. Therefore, the easiest thing is to say that this design is the same as that of Bitcoin, and that the miners are mining a pre-existing Bitcoin, which supports their claims by saying that there are only 21 million Bitcoins, and therefore it is It has already been mined and all these beliefs are incorrect and not accurate.
~snip~

I agree that there is truth in what you wrote, although there is also a lot of ignorance that results in this kind of nonsense. If the OP who has been around for a while wonders if there is any truth to this, what do those who know absolutely nothing about Bitcoin think when they come across this kind of information?

Not only is the coin that the OP is talking about premined, but as far as I know, there is no defined max supply yet, and it has also moved to POS. When you take all that into account, it's no wonder that someone invents stories like this to diminish the real value of Bitcoin, and I don't mean exclusively the price.
1071  Bitcoin / Bitcoin Discussion / Re: Why won't the US government give up? on: October 10, 2023, 09:06:20 AM
The US government doesn't wish to ban bitcoin. They're bitcoin whales. US government get bitcoin through seized bitcoin from criminals. Holds, and soon auction them for profits.

If you live in the belief that this is the main reason (or one of the reasons), then you are really delusional or do you think that the US is so poor that it depends on how much BTC they seize and then sell at auctions? Let's take a hypothetical case in which the US would be able to seize all BTC that is currently in circulation (mined) and sell it at the current price of $27 700 for one BTC, which would total about $540 billion. If you are interested, the annual US budget (2023) for defense is about $850 billion.

They'll be able to generate more bitcoins for themselves. Hence, the publicity they're giving to bitcoin is on purpose. If not they, the government, wouldn't have given a single publicity to bitcoin: good or bad. The government is doing what should be done, in a way US citizens wants to see what should be done.

You don't think they will mine BTC or something similar, do you? Although it is not disputed that people in the US invest in BTC, it is far from what people think, because they still protect their national currency in all possible ways and the average American still values the US dollar no matter what.



As for CBDC, it is only a response to the digital age and aims much more to be a competitor to stablecoins than to Bitcoins. At least that is the position of the ECB when it comes to the EU, but I doubt that the FED has a different position on the matter.
1072  Other / Meta / Re: bitcoin discussion board have lot of unecessary questions on: October 10, 2023, 08:31:40 AM
What do you expect people to talk about in Bitcoin Discussion? A question that is unnecessary for you may be important for others. Bitcoin Discussion board is not for increasing knowledge or learning something new. People share their experiences and knowledge here. Not everyone who writes here is an expert. Also, what makes a topic high quality? If you don't like the topic, don't reply, if you don't like the board, don't read it, it's that simple.

Does this mean that you do not agree with what the Global Moderator wrote in the sticky topic when he described what is actually a low quality topic? According to what you wrote, that board should not be moderated at all, which makes no sense to me personally, unless the forum goes in the direction that nothing will be considered worthy of being a report anymore.

However, considering that at least 90% of forum members are here only for signature campaigns, it would certainly suit them.
1073  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 09, 2023, 02:32:15 PM
https://blockworks.co/news/sec-appeal-grayscale-ruling

Some highlights:
The SEC’s deadline to challenge the decision is Oct. 13. It can seek an appeal to the US Supreme Court — if a certiorari petition is granted — or can request an “en banc” panel of the Court of Appeals to revisit the ruling. Pantera Capital executives said in a September letter to investors last month that the Supreme Court route is unlikely, noting “this case isn’t that important as a matter of law.”

If the SEC chooses not to appeal, the court is expected to issue an order detailing next steps. This could include “instructing the SEC to approve the application, or to revisit Grayscale’s application, in which case the SEC could still reject the proposal on other grounds,” according to a blog post by law firm Winston & Strawn. Compass Point Research & Trading analysts Chase White and Joe Flynn said in a Friday research note that they believe the odds of being granted an en banc hearing or a writ of certiorari are “virtually zero.”

Hashdex Chief Investment Officer Sam Kerbage said during a webinar last month that the SEC requesting Grayscale to submit a new proposal and rejecting it again for a different reason is “the most likely path.”


“Although our base case remains that the SEC will begin approving the ETFs by early 2024, we admit it’s only by slim margin given Gensler’s persistent anti-crypto stance,” White and Flynn wrote in their Friday note. “Still, we think that spot BTC ETF approvals are almost a certainty within the next two years given our view that the SEC has virtually no chance of winning in court when all is said and done.”

Didn't we read until a few days (months) ago that the chances are only increasing and that they amount to even 75% by the end of this year, and even 95% by the end of next year - and now even 2 years are being mentioned? I understand that everyone has their own speculations, but I already wrote before that I believe that with the entry of BlackRock into this game, things simply have to change.

Otherwise, Gensler could find himself under a rock, figuratively of course Smiley
1074  Economy / Speculation / Re: Even Seasoned Analysts Can Get it Wrong on: October 09, 2023, 02:03:24 PM
his prediction was correct and Bitcoin reached its highest price at $15k in December 2017.

The price actually reached about $20 000 at the end of December 2017, I don't know where you got that information from.

Then the $250k prediction will occur in June 2023 to be precise, but Bitcoin in June was only $3k, but in 2021 it hit $66k.

The prediction did fail, but slowly it will indeed be achieved when we see how the positive trend continues to increase and coupled with the 4th Halving moment next year.

I guess you meant June 2018 or maybe 2019, and certainly not 2023, which was only recently. His speculation has so far failed completely, but he himself admits in one article that he said what he said only because others put pressure on him after he was successful the first time. Although I remember he threw quite a party when he announced it, but he certainly won't be happy if he missed the mark completely this time.
1075  Economy / Scam Accusations / Re: Cloudbet scammed me for 1BTC on: October 09, 2023, 01:28:58 PM
I’ve shared certified medical documentation saying that I am permanantly incapacited with mental health problems to the point where I am unable to work or fulfill tasks.

Do not ask me or question me why i signed up again. I am easily fooled and can be taken advantage of and I’ve proven that with medical documentation to LCB moderators.
~snip~

If you have such serious health problems that can obviously result in serious financial losses, you should in some way limit access to your money in such a way that you cannot easily be tempted to throw away tens of thousands of dollars. As much as that online casino is to blame because it shouldn't have sent you an e-mail and it shouldn't have targeted users in a country where it doesn't have a license to operate, it's just as much your fault because you registered, made a deposit and gambled, and in the end you lost.

If there is a similar case in which the deposit was returned to another user, then you have to fight through legal means to achieve the same right - and the fact is that none of us can help that to happen.
1076  Bitcoin / Hardware wallets / Re: Ledger's laying off employees. Thoughts? on: October 09, 2023, 12:51:09 PM
~snip~

I agree that Passport is an excellent solution for those who only have BTC, and here Ledger or Trezor have an advantage, considering that they are multicurrency HW, which for some is a crucial thing when buying such devices. As for us in the EU, the price is of course a little higher (about 260 EUR - a little more than $270), and there are really quite a sufficient number of resellers, and for me it's a shame that one from my country stopped selling this HW.

Considering the events of the past, my first option would be to buy HW directly for cash, and the second option would be to use a PO box, I am not even thinking about the third one.
1077  Bitcoin / Hardware wallets / Re: Ledger's laying off employees. Thoughts? on: October 09, 2023, 10:33:54 AM
~snip~
Quote
As announced, in response to the recent crises of lack-of-governance and trust, we are adding TRADELINK, a trading network built with the participation of regulated custodians, with over 20+ partners already signed on.
Oops, didn't saw a post about tradelink on this forum. Did everyone miss that?

This is the first time I'm hearing about it, although honestly all the information I get about them comes from this forum - and apparently everyone missed it, or no one considered it something worth mentioning. For those who want to know a little more, there is some information on the official website, but also on some news portals.



@o_e_l_e_o, as they say, old habits die hard even when we are aware that we should change them. This is exactly what keeps Ledger still in the competition, regardless of all the scandals they produce. As you say yourself, if someone buys BTC and keeps it in something they consider an online crypto bank (CEX), then I'm sure that Ledger can sell them the story that their new service is actually good, and it's also optional.

I hope that a company (or maybe an existing one) will appear that will offer a product that will be safe, attractive and competitively priced in relation to Ledger HW. It always seemed to me that the Ledger Nano S or X models owe their success to their design, which resembles a regular USB stick, and when I was in doubt between the Nano S and the Trezor, I was somehow more attracted to the design made by Ledger.
1078  Bitcoin / Bitcoin Discussion / Re: Advice to friend for financial improvement. on: October 09, 2023, 09:57:59 AM
Because we have turned into a society where consumerism rules and where social status is shown precisely with a new smartphone, an expensive watch or an item of clothing.

When you talk about "we" don't include me, please. I could go and buy half a dozen Iphones if I wanted to tomorrow and pay cash for them, and I'm carrying a Chinese-branded mobile phone that I got as a gift. It cost me $0.

I meant society in general, and of course there are always those who are exceptions, like you or me who has had the same smartphone for almost 5 years and I'm still happy with the same one, even though I haven't received any upgrade for a long time. That's the only reason why I'm thinking about a new model that will still be in a higher price range, considering that I don't buy such things every year.

In addition, the iPhone is actually a "Chinese" phone because it is manufactured in China, as are most of today's smartphones with the exception of Samsung, which allegedly does not have its own production facilities in China.
1079  Other / Meta / Re: bitcoin discussion board have lot of unecessary questions on: October 09, 2023, 09:33:51 AM
I agree, and it is nothing new that is not already known and has not been discussed. Some members even set that board to ignore, some decided to try with as many reports as possible, but that board is still littered with a large number of low value topics. Fortunately, there is a "report to moderator" option, and anyone can use it to report any topic or post that they think does not meet the criteria - and it is obvious that the vast majority have never read the sticky topic that has been at the top of that board since 2016.

Low quality topics do not belong here.



~snip~
If I invested in bitcoin and it gave me 5x return and I used it to build house, I can be happy to bring it to this forum.

You are obviously one of those who didn't read what low quality topic means - because what would happen if everyone who profited from Bitcoin or bought something for Bitcoin opened a new topic in the Bitcoin discussion?
1080  Economy / Speculation / Re: BitMEX founder projects $750,000 to $1 million #Bitcoin price by 2026 on: October 08, 2023, 02:22:08 PM
Hayes is known for some bad predictions. He was even featured in an article about the worst bitcoin predictions ever, next to McAfee and Tom Lee. You can google it with ease.
~snip~

Some people may find this kind of speculation interesting, but when you read it for more than 5 years, it all becomes boring and tiring, not to mention that in most cases such speculations are a complete failure. However, everyone who plays with numbers in this way has become interesting to the media, and if you can promote the company and yourself for free, why not do it? People have short memories anyway, if you're right everyone will talk about it, if it's the other way around no one will even mention it.

Realistically speaking, we are at the end of 2023 and the price is below $30k, and the question is whether there will be any major upward movements by the end of the year, and someone says "maybe even $1 million by 2026" and I can only laugh at that and nothing more.

The spot BTC ETF already exists in some countries of the world, futures exist even in the US, but some are obviously so convinced that the spot ETF in the US will be something that will pump hundreds of billions of $ into BTC, as if it is the only way for big players to invest in BTC.

It's not that I personally don't believe that there won't be an effect on the price if the approval of the spot ETF + halving is combined, but I guess we all know that the market is a two-way street where something is bought and sold, and pumping up the price of 1 BTC to $1 million is something that it does not seem at all realistic when it comes to the year 2026.
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