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1141  Economy / Scam Accusations / Re: please help me? on: September 27, 2023, 01:38:22 PM
How did you know the owner of that address is here on the forum?
~snip~

Can't find that address from the forum so how can you be sure that he's from here?
~snip~

I think there are three possible options why the OP is publicly asking for something like this on the forum.

  • The first option is that for some reason he thinks that all people who have something to do with Bitcoin have an account on this forum.
  • Another option is that the scammer may have mentioned this forum to him or that he has an account here.
  • The third option is that the OP is just trying to catch someone naive and play the victim, to whom someone will take pity and send a donation.

Whatever it is, I'm sure that neither the scammer will show mercy, nor will anyone be so naive as to send a donation.
1142  Bitcoin / Hardware wallets / Re: safepal or ellipal titan mini on: September 27, 2023, 01:05:04 PM
Why not buy two cheapest hardware wallets, and generating a multi-signature wallets using electrum software? A ledger nano s plus + a trezor one = 150 $, it is cheaper than a passport. Or a trezor one + OneKey Mini. They are cheaper, and more safer than a single passport.

The first reason that comes to my mind is that what you propose is still a bit too complicated for the average user, because for some even using only one HW is a challenge. Furthermore, with everything going on around Ledger, do you think it's even wise to advise someone to trust that company?

When it comes to hardware wallets, many will agree that the Passport is one of the best airgapped devices that can be bought at the moment, and for someone who has enough BTC that he wants to keep in a safe way, that $200 or $250 is not something that should be considered expensive or bad investment.

However, anyone can make an airgapped device from an old smartphone or computer, which costs practically nothing if such a device is collecting dust somewhere.
1143  Bitcoin / Bitcoin Discussion / Re: What will you do if your country did not legalize cryptocurrency? on: September 27, 2023, 11:04:48 AM
~snip~
Yet in some countries it is completely illegal. What will you do if you are a fan of bitcoin but your country did not legalize cryptocurrency?


Bitcoin does not need to be legalized in such a way that some country recognizes it, because it is designed precisely in such a way to allow anyone to own and use it, regardless of what a country, its prime minister or president thinks about it. It is true that there are some countries that have banned Bitcoin, as well as the fact that those same countries also ban many other things that allow people to live freely.

Therefore, I think that for the people who live in these countries there are much bigger problems than Bitcoin being banned, and anyone who wants to have Bitcoin has to take a risk and break the law, or think about whether it's time to move to another country that doesn't have politicians who they behave in such a restrictive way.
1144  Economy / Reputation / Re: Missing opportunity on: September 27, 2023, 10:48:30 AM
I can understand that such an account created back in 2011 has some kind of sentimental value, but it would have even more if it generated some kind of value in terms of posts that don't actually exist. Will such an old account mean something special even if it manages to rank?

Maybe it will be the case for some who will consider it as proof that the OP is one of those early users of the forum, but I think that in this particular case the date of account creation does not have much to do with what will happen with this account in the future.
1145  Other / Meta / Re: best replies should appear first in a thread. on: September 27, 2023, 10:35:54 AM
I have this habit of reading through many replies to a thread before I will respond. At the course of reading through few pages of a thread before replying, I discovered that;

It's a good habit and it makes sense because in this way you avoid that in your post (if you're going to write it) you won't repeat what others have already written before you.

  • The earliest replies get more attention and earn more merit
  • Some of the replies from pages 3 upwards are repetition of what others said in pages 1 and 2.

That's just proof that few members read more than the first to a maximum of 3 pages of a topic, and then what about topics that are meaningless in themselves and have 10 or more than 15 pages each and serve as spam megathreads for sig campaign spammers.

From time to time, some members appear who wonder how it is that they can never get merits, and they don't realize that their posts are buried under a pile of garbage and that probably no one has even read them.

  • I also understood that some of the quality contributors sometimes arrive late and their replies get buried easily
I therefore propose that, if possible, the arrangement of replies to a thread should be based on the number of merits that reply earned in that very thread. This will tend to sort the quality replies to appear in the first page no matter what time it was made.
~snip~

What you imagine is perhaps technically feasible, but as others have already mentioned, we cannot always rely on merits as something that defines whether a post is of better quality than another in the same topic. I often notice that some members favor certain members when it comes to merits, regardless of the fact that someone else has written an equally good or maybe even better post.

Such a way of sorting posts would theoretically allow some 10-20 members to be at the top in each topic, which would mean even more merit for them, and even less opportunity for those who really need merit to reach the next rank.
1146  Bitcoin / Legal / Re: Legal Action Against Ben Armstrong on: September 26, 2023, 02:20:17 PM
If nothing else, he became the news of the day, although many people wonder who this man is and why he deserves so much attention. I have read his name a couple of times over the years on the forum, but I never got the impression that he was someone important, but just some "so-called expert" or as they call him, a crypto influencer who of course has his own token.

Is Ben perhaps related to the much more famous Brian Armstrong (Coinbase CEO)? Probably not, but it seems that the Armstrongs are very fond of cryptocurrencies and luxurious living Smiley
1147  Economy / Economics / Re: How do you deal with financial stress? on: September 26, 2023, 01:50:54 PM
Public transport is done by busses, which I not only find inconvenient, but also cost €1 to €2 per trip, which would ultimately cost more than using my motorcycle. I'm planning to commute by bike too, providing that I have enough space to store my two bicycles.

Is it possible to buy a monthly or maybe an annual ticket? I know that mostly children in my country who travel by bus to school drive like this, but I don't think it is limited only to them. An ordinary bicycle does not take up much space, and it can be hung on the wall very easily, especially if it is a model made of very light materials.

Other EU countries have way more expensive rents, however, the supermarkets or petrol isn't as expensive from what I've observed, or at least, at similar levels. And indeed, the issue isn't that they're taking someone else's jobs, even if that statement was true, it's not my issue since I'd supposedly look for something that requires a degree, due to my education. The main concern is that whole parts of cities have become ghettos and are suffering tremendously. Sweden used to be one of the safest countries, well, not anymore. Poland on the other hand, which I visited in 2021, doesn't have a immigrant-friendly policy, is one of the safest.

If memory serves me correctly, you live on an island, and that only makes life more expensive - I know this because my country also has a lot of islands, and everything is more expensive there than on the mainland. Just today I read an article that an employer offers a salary of up to 11 000 EUR for the position of a waiter in Germany, where there is a shortage of such workers.

I can only tell you that until maybe 1-2 years ago, I could go out on the street at any time of the night without fear, and today I no longer feel safe, considering that some of the people who came as cheap labor are already starting to show their inclination violence and religious intolerance.

Military enlisting is mandatory for up to 9 to 12 months in Greece (unpaid), which is the reason I'm out of the job market now. I've considered it but I generally don't like the whole concept of the army. On top of that, entering isn't as good as it might look. Salaries aren't anything special nor do they provide housing etc. It only secures that you'll have a job, which for the first few years will only pay an above average wage.

Look, I was also in the army at one time, so although I consider most of that time wasted because I didn't do anything useful, I still learned something and know how to handle various types of weapons, which can always come in handy considering who my neighbors are, right? Unfortunately, mandatory military service was abolished a long time ago and today's young people do not have any knowledge of skills that would be of help in case they need it.
1148  Bitcoin / Bitcoin Discussion / Re: How to keep safe the mnemonic phrase - Whats Your method? on: September 26, 2023, 01:10:18 PM
~snip~
->Writing and keeping it with you/your place: What if someone got the access in your absence of theft or any disaster?

If you want to protect yourself from thieves, then you need to further complicate the situation in case such a theft happens, and I would suggest that you do two things.

The first is that the seed is hidden in an unusual place, which means that it will not be in a drawer on a sheet of paper, in a box with Christmas decorations or in a safe (if you have one at all). So turn on your imagination and think outside the box.

If you don't like the first proposal, you can additionally protect seed by setting a passphrase, and you will keep it separate from the seed, of course even better without any indication that it is about something related to cryptocurrencies. Even if thieves steal your seed, without a passphrase they will not be able to generate your coin addresses, and you will be able to safely transfer your coins to a new wallet.

As for natural disasters, there's no point in writing about it again, you got a link to a thread where we discussed it.
1149  Other / Beginners & Help / Re: If you could..... What will it be? on: September 26, 2023, 10:30:46 AM
Yes, if you removed one, others would benefit from it, what what I meant is that, if i'm not wrong, the dominance of Binance is over 80% of the CEX market. I have nothing against Binance, but against concentrating so much power in only one service provider, specially when Bitcoin was meant to be used for peer-to-peer transactions, and not to create the opportunity for one new big "bank" like CZ's.
~snip~


Somehow that number seemed unrealistic to me, so I checked what the statistics say, and it is just a little more than 50%, which is still a really big dominance, even though that CEX also recorded a big drop compared to last year. After all, it is a free market and people go where they think is best for them, but I think that considering how that CEX operates and how the authorities are pressuring them from all sides, the days of their greatest glory will slowly begin to fade.

I just hope it happens before some big scandal, whether it's hacking or something similar like what happened with FTX.
1150  Other / Off-topic / Re: [Life lesson]Nothing is really free on: September 26, 2023, 10:16:49 AM
Faucets were never good, people are looking at faucets earning of then with current prices, which is untruth. 5 BTC at 1 cents/BTC is 5 cents.

Some people sound like a broken record, and you are repeating something without reading my previous post, or are you deliberately ignoring it? You probably think I'm lying or talking nonsense, but I've always thought that what I collect will one day be worth much more than it was then, and even today faucets can be profitable if you own one of them.

You also completely ignore the role that faucets played in the promotion of Bitcoin, so you shouldn't look at everything only from a profit perspective.

Besides, I don't believe that you knew that Bitcoin existed 10 years ago, and therefore you can't have personal experience from that time - I earned my first BTC just like that and I don't regret the time I spent at all. Every day I spent an hour or two less watching TV or playing games, and I don't consider that a loss.
1151  Economy / Economics / Re: MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’ on: September 25, 2023, 02:38:22 PM
It has been confirmed once again that every time Saylor buys BTC the price goes down by at least 1-2%. If one of the various influential crypto-messiahs was doing this, it seems to me that 1 BTC would have been worth more than $100k long ago. On the other hand, Saylor certainly has nothing against continuing to buy BTC at low prices.
1152  Economy / Scam Accusations / Re: How I Lost $120,000 ? on: September 25, 2023, 02:18:44 PM
I would like to share how I was deceived and had my assets taken away by scammers.

If we take into account that you borrowed most of that money, then it is not your money, but money from your friends, relatives and all those whom you, with your naivety and greed, dragged into something that had the characteristics of a scam from the very beginning.

The amount of money I lost was approximately $120,000, an amount that I could never earn with a monthly salary of $1000, even if I worked my entire life.

If you worked for $1000 a month, you would earn $12 000 a year, which means that you would earn what you gambled away in 10 years. If you find two well-paying jobs, you might be able to make it in half the time.

Although this story of yours seems to me to be a fabrication, all just to promote your video - but if there is even a little truth in what you wrote, your chances are minimal that you will earn so much money sitting in front of your computer and posting videos on forums.
1153  Bitcoin / Wallet software / Re: BITCOIN AS GIFTS FOR TEENAGERS on: September 25, 2023, 01:40:23 PM
I stand in agreement with Lucius on this one. Even for adults, that's a difficult thing to convince, let alone when that person has a parent who needs conviction beforehand. I can imagine most of the parents hearing "bitcoin" and depicting this as the "bad darkweb money" or as a bubbled-stock.
~snip~

Most parents behave protectively towards their children, and I have already written that the mainstream media mostly write and speak negatively about Bitcoin, although often without any basis, considering that Bitcoin has nothing to do with Bankman, Kwon or that scammer from Turkey and many others who are guilty of tens of billions of damages because they behaved like arrogant kids who thought that no one could do anything to them.

Because of such people, Bitcoin gets a bad reputation, and I personally in my environment often hear very negative comments when people talk about this topic. Recently, a fraudster (or just an incompetent kid) disappeared in my country with around 70 million euros that he got from clients to invest in cryptocurrencies, and I don't even have to tell you what kind of media fuss was created about it. In its primetime news program, state television made a feature about it and showed the Bitcoin logo, that is, the logo of a domestic exchange, which has nothing to do with the specific case.

I want to say that I am not at all surprised that in general less than 5% of people today own cryptocurrencies, and even less Bitcoin - the general perception of Bitcoin is mostly bad to very bad.
1154  Economy / Invites & Accounts / Re: Strong 2yrs old Paypal accounts. No Limitations. on: September 25, 2023, 01:14:19 PM
he is SCAMMER

Is your opinion based on facts or just a feeling? If you have concrete evidence that the OP is a scammer, then share it with the other members of the forum, preferably in Scam Accusations using the scam report format.
1155  Other / Off-topic / Re: [Life lesson]Nothing is really free on: September 25, 2023, 12:57:14 PM
How many of those users of faucets back in the day still holding? likely none. Whatever huge amounts of BTC might have earned, it would have been gone by now. BTC is huge today, it could have not, too.

I still have a part of the earnings from faucets when I was just starting to get interested in them, and the amount I have is not very small, let's say you should be in the signature campaign you are currently in for several years to earn that amount. Of course, nothing is free, but in the beginning the faucets were something interesting, and you didn't have to click all day to get through them all, because then faucet rotators were popular - in a little more than an hour you could collect more than 300 000 satoshi + earnings from referrals.

You're generalizing things, because you can also say that everyone who was an early adopter spent all the BTC they had, although we know that's not the case since the blockchain is public and we see daily transactions involving coins mined in the first few years of Bitcoin's existence.
1156  Bitcoin / Bitcoin Discussion / Re: Bitcoin miners energy usage has exceeded 50%, where is Elon? on: September 25, 2023, 09:19:47 AM
This forum is becoming some kind of fun club of Mr. Mars, and it seems to me that some people have his picture above their bed and pray to him every night to post some tweet and say that he loves Bitcoin again. It all looks so pathetic that one wonders if we have sunk so low that we are calling on various rich people to save Bitcoin because without them it will die 499 times in the last 14 years.
I might missunderstood OP, but I think this topic is more about calling out (and making fun of) Elon than begging him to accept bitcoin as he promised.

Anyone can open a topic about anything, including the OP about his great idol who did so much damage to Bitcoin with his senseless decisions, but the fact is that such discussions lead nowhere because we are talking about a man whose word is not something to be trusted and that is proved countless times.

In addition, do we have to have one topic in each board about whether Mr. Mars will change his mind or OP could learn one of our local sayings that says "promise makes a fool happy".

Will Elon Musk keep what he said or not?
1157  Other / Beginners & Help / Re: If you could..... What will it be? on: September 25, 2023, 09:05:01 AM
Some members said that they wouldn't change a thing from this crypto-sphere we live in, but IMO there are a lot of things that should be changed and a huge room to improve.

If I had to choose one, maybe the market dominance of Binance would be the one that I would choose as per today. It is dangerous when a monopoly like that dominates in such a degree a certain market, and in my understanding of the underlying values in the creation of Bitcoin, I think that it goes against Satoshi's vision.


Even if you can change one CEX to be dominant on the market, this does not mean that another one will not appear, because if you remove one, someone else will take advantage of that opportunity. In addition, you should take into account that Bitcoin was created for everyone, and that Satoshi did not in his vision go with any restrictions in terms of how mining or trading will be done.

It might have been better if we had DEX from the beginning, but no one could in any way prevent people from starting a business with CEX, which turned out to be extremely profitable for the owners, and on the other hand, a simple way for users to buy and sell Bitcoin. What is wrong in that whole story is that CEX started to present themselves as some kind of crypto bank, and many users started to use them in that way.

If there was a law that CEX could not keep the user's coins for more than 48 hours after the purchase, then clients would be forced to keep their coins in non-custodial wallets and this would somewhat prevent the centralization of millions of BTC in custody services.

Of course, something like that will not happen, because if we know that CZ indirectly called its users stupid in the sense that they are not able to store their coins independently, it is more than clear that they want you to buy something, and then leave it for them to keep.
1158  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 24, 2023, 02:00:02 PM
I don't give a shit about China bans anymore.. and apparently "the market" don't give a shit either... they pulled that prank far too often
Yeah, let them do whatever they want. That is their rules and not ours.
Sooner or later, they will see the truth.

What kind of truth are you talking about when it comes to China? I spent a part of my life in communism and I know what it looks like when the authorities want to absolutely control every and the smallest aspect of every individual, so I don't understand if you think that Bitcoin will reform the Communist Party of China or that mostly indoctrinated Chinese will lead a revolution against the CP because of Bitcoin?
When the authorities still want to control each individual, there must be a strong urge from each individual not to want to be controlled. They want to feel freedom at least once in their life.

And the Chinese government will see the Bitcoin revolution everywhere, even within China itself. I can't say how because we will never imagine it. We never think about how but they use that method. But wait and see.


You obviously don't know much about China, because if you didn't know, those who fanatically support the communist party live in China, and those who want "freedom" are scattered all over the world, and that's why you have Chinese shops in literally every town and small village where in the world.

That "strong urge" you are talking about has been quite dulled over the decades, and in order to keep it that way, the communists use the method of a huge network of informants who are ordinary working people doing any job, and in addition they report to the authorities any unusual, inappropriate and anti-state behavior. Such people then go to the so-called resocialization, where problematic ideas are forced out of their heads (mostly by force), and for the most stubborn ones there is something called liberation by work, that is, work in camps until death.

You, for some reason known to you, exaggerate the importance that Bitcoin has when it comes to revolutionary changes in society, especially in a country like China. They are not interested in Bitcoin primarily because they cannot control it, and even less because of some kind of profit considering their GDP compared to how much the entire mining industry (BTC) is worth and all the coins that have been mined so far.
1159  Economy / Economics / Re: How do you deal with financial stress? on: September 24, 2023, 01:35:53 PM
~snip~
Renting outside of town in the nearby villages isn't ideal either, because petrol is way too expensive.

Have you perhaps thought about not using your own car, but perhaps looking for an alternative in public transport (if it exists), or perhaps checking whether it would be feasible to travel to work (in the city) with an electric bicycle or an electric scooter? Their price (if you're looking for something above the average) is around 700 EUR or more, but they use very little electricity with solid autonomy in better models.

~snip~
On top of that, moving out of the country doesn't seem ideal either, because most European cities are also suffering similar conditions, along with an extensive immigrant crisis (see France, Italy, Germany, and the UK).

If your goal is to live exclusively in the city, then you have to accept that the cost of living anywhere in the west of the EU will be even higher than what you are paying now, but there is more than enough work, especially if you are a highly educated person.

As for the migrants, you are absolutely right, they have literally flooded all the countries that have a friendly policy towards them, but the problem is not that they take someone's job (there are plenty of jobs), but that they have become a big security problem in all the countries that you mentioned, but also in many others where there are more and more of them.

Maybe I'm stressing out too much because I'm yet to find proper housing to establish myself again after being away for over a year in the military. I'm generally an anxious person myself, but does anyone else feel the same, and how do you deal with it? How do you stay optimistic?

Have you thought about getting a job in the army? I know it may not be the most popular option, but the military generally takes good care of its members, and that includes housing.

Fortunately, I don't have such problems like you, but everything you mentioned certainly affects me personally, because climate change is something that I feel on my skin, considering that I am very closely connected with nature. The stories I heard 20 years ago and more have started to come true, and it seems to me more and more that we are going down a one-way street in the wrong direction.

However, the worst thing you can do to yourself is to give in to pessimism, and you should always find small things that you can enjoy, and sometimes they are even completely free. Imagine that tomorrow you go to buy a lottery ticket and they draw your numbers - a few million euros would erase all the problems you have, right? Wink
1160  Other / Beginners & Help / Re: If you could..... What will it be? on: September 24, 2023, 12:58:15 PM
~snip~
What if you could delete an occurrence from happening in the cryoto-world, both past and current events making it that they don't happen or didn't happened. What would it be?


Absolutely nothing, because even though some events are considered very negative, they still served a purpose and some people learned something from it all. Besides, even if someone could turn back time and prevent all the bad things that happened, they would very likely happen at some point in the future.

Ideally, it would be to prevent people from behaving stupidly and irresponsibly, but that is certainly one of the things that I personally think is impossible. In the context of cryptocurrencies we see a lot of illogical things, but in the general context of human stupidity it is only the tip of the iceberg.
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