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1481  Economy / Gambling discussion / Re: *Exploring Unique Advertising Opportunities in the Bitcoin & Traditional Blogs* on: July 31, 2023, 10:40:39 AM
~snip~
Best Regards and I might post two or three very similar posts elsewhere on this forum. This is because I am still not sure what is the best place to attract the right people for this.

Do not do this because it is classic thread spam and if someone reports such a topic, it is very likely that it will be deleted by the moderators. This is a general board for Bitcoin discussion, but definitely not for discussions about anything related to casinos and advertising methods.

I will report this topic and let the mods decide which board is appropriate to post it on.
1482  Bitcoin / Bitcoin Technical Support / Re: I thought I would never get hacked... on: July 30, 2023, 02:19:19 PM
F*CK! I am so stupid... Anyway, what has been done, has been done. I will only use desktop wallets.

If you think that you will be safer that way, it seems that you have not realized how risky it is to store sensitive information, regardless of whether it is a smartphone or a desktop computer. When it comes to a desktop computer, you can also very easily expose your seed if you enter it in another wallet and you have a keylogger on that device.

Devices on which you store private keys should be isolated from all possible risks arising from your daily activities, which means that you need a hardware wallet or an airgapped device. Even then, you should always be on your guard, because being your own bank means you need to be on the lookout for thieves, whether they're online hackers or bad guys in the real world.
1483  Economy / Gambling discussion / Re: [ADVICE]Boy Wins $46k from Sports Bet but Can't Tell Strict Religious Parents... on: July 30, 2023, 11:16:38 AM
20 to 23 years old is enough to decide for himself and take responsibility for all his actions if he gambles and wins that big amount he should take it, tell his parent, and explain that he is old enough to do things on his own as long as he is a responsible guy.
~snip~

That's right, at that age young people already leave home and become independent - and I don't see why that young man wouldn't use that money to further his education or to buy his own property if he lives in a country where he can do that for the money that won. If he gambled without his parents' permission, then he does not need permission to spend that same money as he wants, and later he can tell them where he got the money from if he really needs it.



Someone recently won $46,606 from making a correct prediction on one of the matches in the on-going 2023 FIFA Women World Cup competition from his wager of $10 on a sports betting website.

Getting that much money for such a small stake is really lucky, and when luck smiles at you, you don't turn your back on it. He can always donate part of the money to charity, and his parents would certainly not mind that.
1484  Economy / Scam Accusations / Re: Had 165k ETH stolen last night. on: July 30, 2023, 11:00:41 AM
~snip~
To everyone else: learn from my mistake. If you've got substantial crypto, move it to your hard wallet immediately. Don't let overconfidence or negligence jeopardize your assets. It can happen to anyone, myself being a stark case in point.

For someone who does not understand the basics, even a hardware wallet will not help, because even such wallets are vulnerable when it comes to clipboard malware. It may be a sophisticated attack, but it is very likely that you have a compromised computer with a possible RAT (remote access trojan) installed.

For such a large sum, I would have definitely made a much better effort and checked everything at least ten times, but obviously everyone has their own standards when it comes to such things. The problem is that these standards sometimes come back like a boomerang and hit an inconvenient place, and then we find ourselves in a big problem.
1485  Bitcoin / Bitcoin Discussion / Re: Community research: To drink or to buy coins? on: July 30, 2023, 10:22:31 AM
Water is water no matter where it's gotten from you just have to make it look unique, treat it like you treat something special with so much care, and one would think you got it at 50 eurs like you said for the wine.

I would never agree with that, because not all water is clean and healthy for drinking, and if someone thinks they are drinking healthy water from a plastic bottle, let them do a little research on what that plastic releases into the water and what you are actually drinking. Researches say that even about 70% of bottled water comes from taps anyway, which is another piece of data that shows that most people live in a delusion about what they buy.

Having a special wine would really cost a lot, with you being a connoisseur, it means you have to go for the real deal and you spend more to get that unique wine. I know you can do anything to get a better wine even if you spend up to 100 EUR😅.

For some, 50 EUR is a lot, for some it is not, it all depends on where you live and how much you earn, and of course on how much wine you drink. In addition, good wines are not only good as drinks, but can also be a good investment because their price increases over time.
1486  Bitcoin / Bitcoin Discussion / Re: Community research: To drink or to buy coins? on: July 29, 2023, 02:08:05 PM
I don't have any special drink that I drink every day, it's mostly clean water (not from a plastic bottle or tap) or natural juices that we make every year. What I like to drink is good wine, and such wines have a price of around 50 EUR per bottle, - and I personally have no dilemma about what to buy, because when I buy a good wine, I drink one bottle and save the other as an investment🍷

Of course, some wines are more special than others, not only because of quality, but also because of some other things Smiley

1487  Economy / Trading Discussion / Re: Is there a best way of withdrawing profits from exchanges? on: July 29, 2023, 01:34:55 PM
I am pretty new to all this so don’t get most of what you are all saying.
~snip~

You have been a member of the forum for more than 1 year and have written more than 400 posts, and let's assume that you have read at least five times as many - I don't understand how you still consider yourself a beginner and don't understand what people are talking about?

As far as I could see, no one wrote you anything technically demanding, but basic things that more or less everyone knows. You remind me of a member who constantly asks the same questions, but never acquires any of the knowledge that others share with him. Do not be @jerry0 Wink
1488  Economy / Speculation / Re: The time has finally come...??? on: July 29, 2023, 01:25:06 PM
But then we have much bolder prediction from Fundstrat saying that we could see BTC in a range of $140k-$180k, but that's based on assumption that the BlaCkRock's BTC spot ETF application will be successful. I guess we'll just have to wait and see how will that pan out.

Whenever I hear that name, I remember their most influential prophet who could not predict almost anything (Tom Lee), and after years of failure they have a new expert, but considering the personnel in that company, I do not hope that he will be any better than his predecessors.

My personal, uneducated guess is we won't break the $100k in the next cycle. Hope I'm wrong though.

Don't be such a pessimist, 90% of the forum will hate you Grin

Although such an outcome is also possible, I am of the opinion that the price should exceed $100k and come close to $150k - unless everyone starts selling en masse at $100k.
1489  Economy / Trading Discussion / Re: Is there a best way of withdrawing profits from exchanges? on: July 29, 2023, 11:00:42 AM
~snip~
Is there a best/cheapest way of withdrawing profits to bank?

You don't have too many choices when you sell a cryptocurrency on CEX, because you choose a bank transfer and then you accept all the conditions specified for such a transfer. I don't know why the majority overlooked that you are talking about a bank transfer and not looking for a cheap way to withdraw crypto from an exchange to a non-custodial wallet.

Like I said , I have not experienced a bull run yet and just want to have a plan in place for when it comes to cashing out my profits.

You have already asked similar questions several times, and as far as I remember, you always got adequate answers, so I concluded that you learned something from all that. The matter is actually very simple, you have CEX that you use, you have your own bank through which you make deposits and you know how the tax system works - the moment you want to sell, you will pay all the fees and finally the tax, and what is left over will be your profit.
1490  Economy / Speculation / Re: The time has finally come...??? on: July 29, 2023, 10:33:45 AM
The last bull run had everyone on the tip of their toes, a lot of people strongly believed that Bitcoin's (BTC) price was going to reach, or possibly cross, the $100,000 price range, which never happened. And there were some who had unbelievable expectations like $500,000 and above, lol (we all know that's not happening anytime soon).

Some people believe everything they hear and read, and there are so many so-called experts who were fascinated by the $100 000 and they repeated it like broken records. The same thing happened at the end of 2017, only the numbers in the game were much smaller.

Now with the recent events that have taken place, we all can see the bull rising off the dusts, we can almost tell it's about to happen again, maybe by next year or two.  Huh

Which events are you referring to exactly? The whole story about BTC ETFs obviously didn't stimulate the market too much because most people don't understand the difference between futures and spot ETF anyway, and regardless of the powerful players that are involved this time, there are no guarantees that such an ETF will be approved in the US.

The only thing that is certain is the halving, but in that case it should be taken into account that even the last halving brought rather modest results compared to the halvings before that. It is realistic to expect that the price of the last ATH will at least double, but past results do not guarantee that history will repeat itself.
1491  Economy / Speculation / Re: The price of a Bitcoin could cost millions of dollars: Standard Chartered on: July 28, 2023, 02:12:39 PM
Literally no one loses in Bitcoin if they do not sell. But then if anyone needs his bitcoin at a particular time that the prices is at the bear level, they have automatically lost because they will be unable to use the Bitcoin at that time unless they sell at loss.

The same can be said for other investments - you do not lose anything if you buy a share for $100, and it is worth only $80 in x days - you have an unrealized loss, but in x days the same share can be worth $120. All those who invested in BTC above $30k are technically still in loss and who knows how long this situation will not change, but if they have strong hands, in the future they could recover their investment and probably make a profit.

Concerning the Bitcoin 4 years cycle, which is accompanied by a bull run. After this coming bullrun, we will notice that the effect of halving on bitcoin price will be reducing just as miners rewards keep reducing.

This is one of the theories, but I think that halving will have similar psychological effects in the future, at least for 2-3 more future halvings. After we reach 99% of all mined BTC (between 2030 -2032), the interest in mining will probably decrease and the halving effects will no longer play a role - the 1% BTC that will remain will be something that will be mined for the next 100+ years.
1492  Other / Archival / Re: FedNow - Instant payment service developed by the Federal Reserve on: July 28, 2023, 01:48:06 PM
https://bitcointalk.org/index.php?topic=5460837.0
1493  Other / Beginners & Help / Re: apps for bitcoin security? on: July 28, 2023, 01:28:02 PM
can anyone suggest apps to install to have better security? all i know is antivirus and browser adblock.

Maybe some will say that any AV is better than none, but from my personal experience this is simply not true, because some such programs are not only useless, but also spy on you and sell your data to whoever pays more. Therefore, take into account that a good AV+firewall has its price, but that price is small if you consider the possible damage that such software can protect you from. Malwarebytes Premium with several proactive protections is certainly a good security supplement.

Additionally, if you want more privacy and security, it is recommended that you read the following article -> Link
1494  Bitcoin / Bitcoin Discussion / Re: The beauty of Bitcoin is in use case. on: July 28, 2023, 12:57:57 PM
We can see a deeper penetration once bitcoin became legal to major countries.
~snip~

In which of the major countries in the world is Bitcoin illegal? I know that it is officially banned for trading in China, but I am more surprised that it was ever possible to legally trade and mine Bitcoin in that country, considering how communism works.

Bitcoin is not illegal in the UK, EU, US, Canada or Australia and anyone can trade with it or use it as a means of payment, and I don't see what all those countries should do to make Bitcoin penetrate even deeper, as you say. The problem is not in the laws, but in people who buy BTC as an investment and do not want to use it as a currency, and even if they want to, believe me that many are not capable of making a simple transaction.
1495  Economy / Service Discussion / Re: Payment processor hacked, more than $23M in crypto stolen on: July 27, 2023, 12:50:17 PM
People should think critically about what is presented to them, but I think we have already passed the point where people were capable of doing that - it is much easier to surrender to the current of the media than to try to challenge it in any way.
And how exactly you challenged what @ZachXBT said? Did you maybe do a proper research, forensics etc? After all, he didn't claim that its 100% Lazarus behind it.

He suggests that it's probably the same group of hackers because they allegedly left a digital footprint pointing to them, although I'm not an expert to say how credible that is. I want to say that nowadays anyone can use all possible technology and pretend to be someone else while doing bad things online.

This means that if other hackers are skilled enough to carry out an attack and leave a digital footprint that points to Lazarus, they didn't just successfully hack someone, they practically led the investigation into a dead end.

On the other hand, hackers are not the only ones to blame, because they are only using loopholes in the system that are obviously being exploited very successfully. In fact, it is not so important who is behind the hacking, but why so many companies behave so irresponsibly and keep tens of millions of $ worth of cryptocurrencies in hot wallets.
1496  Economy / Speculation / Re: Bitcoin - The road to a SIX DIGIT price valuation on: July 27, 2023, 10:45:16 AM
~snip~
I have no fascination. Simply noticed the large difference in networth between Chad Saylor and BlackRock. Larger networth = Possibly a larger investment into Bitcoin. It probably might be three times Saylor's investment by BlackRock? More if we consider the investments of the other major asset managers?

Of course, the difference in capital that you mention is incredible, because a few billion $ compared to $10 trillion managed by one company together with all other companies/funds make up tens of trillions of $ in value, and all this in a possible combination with investing in Bitcoin definitely tickles the imagination of anyone who thinks about it.

The question of all questions is how much interest there is in investing in Bitcoin through such funds - is it 1%, 5% or maybe even 10% - are we talking about tens, hundreds of billions of $ or even trillions of $?
1497  Bitcoin / Bitcoin Discussion / Re: The blocksize war on: July 27, 2023, 09:52:47 AM
~snip~
Surprisingly these days we don’t have these block size wars anymore. I guess people accepted and aside from the Ordinals, fees were low for most transactions.

It's an expensive game, and in the past few years, apparently no one could afford to try something similar. However, it should be kept in mind that fork wars are not something that is a thing of the past, especially in the case that the spot BTC ETF is approved in the US, which in combination with what BlackRock stated in this context means that at some point in the future no one should be surprised with some new fork that will be backed by a fund with a capital of several trillion $.
1498  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 27, 2023, 09:36:18 AM
Those who can't spell the name Satoshi Nakamoto correctly, how can we give them the right to decide the fate of Bitcoin???

The opinion of Mr. Brad Sherman should not matter to the Bitcoiners.  Cool

He doesn't really matter, because the man has always been anti-Bitcoin. He is a kind of political version of Buffett & Munger, who, unlike these two, as we can see, also has problems with pronouncing someone's name - but I guess that is the level of intelligence of the average US congressman.

1499  Other / Beginners & Help / Re: Active members are promoting Bitcoin mixers, betting or casino. Lmao. on: July 26, 2023, 02:35:44 PM
It's actually added in the profile attribute, not included in their post content. If you are bothered by that display, I suggest you change some settings (I don't know if these settings are available for low rank users):
Go to Look and Layout Preferences > enable "Don't show users' avatars." and "Don't show users' signatures."

Problem solved.

An intelligent person would certainly do just that if they are so bothered by advertisements/signatures, and those who present themselves on the forum as atheists fascinated by Christianity, and in addition try to promote some kind of personal cults, are not worth anyone's time, and even less merits.
1500  Bitcoin / Bitcoin Discussion / Re: Ledger Confirmed That Government Can Get Access To Your Fund on: July 26, 2023, 02:02:50 PM
~snip~
A crypto education program would be highly beneficial.

And who, in your opinion, should start and run that program? It would be a little strange to expect governments to do this, because as much as it seems to some that they (governments) approve of certain things, Bitcoin is still a small thorn in their side that is causing them a little embarrassment for now, and all the chaos you describe is going to their advantage.

The more confusion, doubts, hacking and loss of funds, the greater the advantage of those who are against all that. After all, in some conspiracy theory, we could say that Ledger was bought by a government to use it as a Trojan horse to gain control over everything that these devices store.
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