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1641  Other / Meta / Re: Can someone please tell me what happened with all these dead image links of old? on: June 30, 2023, 01:43:56 PM
~snip~
What I am sure of is that there is a thread somewhere and some smarty pants is going to kindly share the link to that thread because I have yet to find it! I'm sure i've missed some huge memo on this or something somewhere. But could someone please explain to me why those image source codes no longer work, and tell me which ones do?

The forum has a search option, and someone who has been on the forum for a long time should use such options if they are interested in something. Besides, Meta is not a board that has any restrictions in the sense that you should not regularly check what is happening on the forum.
1642  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 30, 2023, 01:28:25 PM
Just got this mail... can't understand why it landed in my spam folder:

Hi Mrs. Johnson, We have deposited the 27 BTC which amount to (819,134.64 USD) as you requested into your bitcoin portfolio at www.*redacted*.net

Customer Id: *redacted*
Password: *redacted*


I guess I'm going to buy a new lambo with that money

Welcome to the lucky winners club, and since your reward is a little late, it looks like you got a little bonus Cheesy

Who else got BTC?
1643  Economy / Speculation / Re: Microstrategy buys again! on: June 30, 2023, 11:05:46 AM
No ETF will be approved soon, and even if it happens after more than two years, they may sell at the end of the next cycle.
~snip~

I wouldn't be so sure about that, because even though the SEC has rejected any such request in the past, companies like BlackRock or Fidelity are a whole other story and can't be ignored so easily. When you say that they can sell at the end of the next cycle, then I guess you mean investors who will actually get the opportunity to buy shares in a fund that will buy BTC for them and keep it safe. I think that some will sell sooner, some later - just as today people trade bitcoin on a daily basis, some are satisfied with 5% profit, others are not satisfied with even 50%.
1644  Bitcoin / Bitcoin Discussion / Re: [INFO]Hong Kong's HSBC Allows Customers to Trade Bitcoin. on: June 30, 2023, 10:55:17 AM
America is not closing their doors, only putting an end to most of the cryptospace hehehe, okay. Are you also implying that everything that is not bitcoin is a scam and the SEC should put an end to them?

Most of what you call "cryptospace" isn't necessarily scam in the literal sense of the word, but it's not far from it either. All these meaningless tokens and altcoins on which individuals get rich along with CEXs, and most ordinary people just lose their money are for you something that should still exist? I think some things need to be regulated, because every large-scale crypto scam like FTX or Terra/Luna is reflected directly on Bitcoin.

In any case, is it not a sign that China is opening up? HSBC might know something more than us and they also did it on January before all this hype about Blackrock and Fidelity.

For me, this is not a sign that China is changing its attitude towards Bitcoin, but only that one bank is trying to profit by offering one service that actually has no direct connection with investing in cryptocurrencies, because after all it is a futures ETF. On the other hand, BlackRock is trying something completely different, and there is a very big difference if you want to compare the US and China in terms of cryptocurrencies.

If you do not read the news on the recent developments on China, Hong Kong and the cryptospace, I have shared articles about this topic a few times. If you also read between the lines, good chance that China will open up and try to be the leader. I might get the year wrong when I said Shanghai will be approved for accepting the cryptospace on 2025, however, they will have no choice but to open up if they want to continue pushing for their blockchain ambitions.

Why do you mix blockchain as a technology and cryptocurrencies that use it? What does it matter that China may want to be a leader in blockchain technologies? Does this have any impact on Bitcoin or any of the top altcoins, will CEX across China open up and will crypto mining become legal again?
1645  Bitcoin / Wallet software / Re: Petition to remove Wasabi from recommendations of bitcoin.org on: June 30, 2023, 10:33:32 AM
The latest stupidity I heard was CeDeFi - centralized decentralized finance. Roll Eyes
~snip~

Although the news is really from 2020, I have to admit that this is the first time I've heard of this expression, and it really sounds amazing that someone could think of something like that. It's really a shame that so many people still have confidence in someone who has such crazy ideas, even though I would even call them dangerous.
1646  Bitcoin / Wallet software / Re: Petition to remove Wasabi from recommendations of bitcoin.org on: June 29, 2023, 04:00:30 PM
~snip~
A privacy oriented wallet that is cooperating with anti-privacy organizations can not be trusted.

It's unbelievable to me that we have to construct sentences like this because some people try to combine things that just can't go with each other by any logic. I'm just wondering what kind of new nonsense will appear tomorrow or the day after, because there are more and more people we can't trust, even though they keep trying to convince us that there's nothing controversial about it.



As for the removal, I think it might be too harsh, because in that case someone might say that we should remove Ledger, which in my opinion is a much bigger problem, and is also one of the recommendations. I agree with some that a warning might be more appropriate.
1647  Other / Beginners & Help / Re: Not Another Merit Question. Please Hear Me Out on: June 29, 2023, 03:31:18 PM
Will I ever join the merit 5k plus merit club or reach 5k plus merits? I have pondered this question numerous times. The profiles of certain legendary members indicate that they have indeed achieved the impressive milestone of 5k plus merit. They are regarded as the most prominent figures on this platform and given preferential treatments during signature campaign application and selection, and I greatly admire them.

Everyone has the right to think about what they want, so why not set yourself a goal if it motivates you to be eager to acquire new knowledge and to share the same knowledge with others. I'm not in a 5k merit club yet, but I'm not far from it either, although some will say it's much easier to get to that goal when you get 1000 merits. Of course, it should not be forgotten that many were members of the forum years before there was a merit system, so they would probably have much more merit than they have today.

In this forum, it is almost considered taboo for newcomers to discuss merits. The typical response received is often critical. Some individuals attempt to convey their message politely by advising new members not to focus on merits, but rather to concentrate on creating high-quality posts without making merits their primary goal. Personally, I have doubts about this perspective. In order to progress on this forum, one must actively pursue growth and development. Being intentional entails setting goals.

If your goal is just to participate in the best sig campaigns, then you will certainly be burdened with progress and reaching a better rank, but the truth is that you will achieve it much harder if you do it under pressure thinking that you have to get xx or xxx merits every month.

This question is directed to everyone, but particularly to those who belong to the esteemed 5k plus merit club. Did you ever set a merit goal for yourself, such as aiming for 2000 or 5000 merits by a certain point in time? Or did you simply remain an active member without explicitly considering merits, only to one day discover that your account had accumulated 5000 plus merits?

I personally didn't set such goals because of the things I've already written, and I just don't worry too much about numbers. Any merit for your post may mean that someone appreciates what you wrote, although it should not be forgotten that some posts that are worthy of merit simply go unnoticed or are on boards where there is no merit source.
1648  Bitcoin / Bitcoin Discussion / Re: [INFO]Hong Kong's HSBC Allows Customers to Trade Bitcoin. on: June 29, 2023, 02:42:01 PM
Hehehehe I never said or even implied that presently China is more friendly towards the cryptospace than the US. What I was saying is how it is head shaking that a communist country like China is starting to open their borders for the cryptospace and America is closing theirs.

I don't agree with the U.S. closing the door, just trying to put an end to some things that should have been regulated a long time ago, unless you think that all that scam associated with altcoins/DeFi should continue even though people lose hundreds of millions of dollars every year? On the other hand, I ask you again, how can futures BTC ETF in HK be a sign that China is opening up to cryptocurrencies?

You also ask what I am talking about when comparing China and America in context to the cryptospace? It is China's ambition to be the world leader in everything, including information technology and blockchain. President Xi mentioned this in one of his speeches. We are witnessing their move slowly in Hong Kong. Shanghai will be next.

So what difference does it make that their president mentioned blockchain a few years ago? It's something that doesn't have to have anything to do with any cryptocurrency, least of all decentralized like Bitcoin. China will only accept what it can fully control, and if you believe in any other outcome you are hardly mistaken.
1649  Economy / Speculation / Re: Microstrategy buys again! on: June 29, 2023, 02:22:52 PM
We have a topic dedicated to discussing Microstrategy investments in Bitcoin, you can update the news in that topic so that the discussions are more quality instead of creating a new topic with each purchase.
https://bitcointalk.org/index.php?topic=5268108.0

That's right, I really don't see the point in the fact that every time MS makes a new purchase we have a few new threads. In addition, it should be pointed out that @fillippone well noted that MS could find itself in an awkward situation if the SEC approves an ETF which we talk about a lot these days.

Be warned about the risky situation of Microstrategy.
Everyone is looking at Microstrategy as an "ETF proxy".
They are buying a lot of BTC, and investors have flocked to MSTR because of that.
In case of an ETF approval, Microstrategy would lose all those investors, as the ETF is such a more efficient way of holding BTC.
In case you want to bet on ETF approval: Long GBTC, short MSTR!
1650  Economy / Speculation / Re: Will another ETF be immediately bullish for Bitcoin? on: June 28, 2023, 01:49:15 PM
I don't think that previous events were crucial for price correction, because if we start from the end of 2017 then it is easy to conclude that the bubble simply had to burst after many investors completely misunderstood what futures contracts are and how they will affect the price of BTC - and the same thing happened at the peak of 2021.

As for Bakkt, that story has been pumped for months as something big, when in fact the pandemic was already knocking on the door even though mere mortals didn't know it. In addition, the 50% drop occurred only in March when a pandemic was declared, but then a lot of bad things happened and Bitcoin was no exception.

The story around BlackRock and Fidelity (Grayscale) can have positive effects, especially if the SEC accepts their request and this acceptance is closely correlated with halving. If we take into account the time limit within which the SEC has to make a final decision (240 days) then this brings us to January 2024, just a little more than 2 months before halving.

Given that BR&F are big players and companies with over $10 trillion under management, and that it is a spot ETF, I believe that a positive decision would have a significant impact on the price of BTC. The real question is whether the average investor understands what this is really about or thinks it's just a repeat of another old story with a failed BTC ETFs.
1651  Other / Beginners & Help / Re: Teacher and Classmates Labeling Bitcoin as a Ponzi Scheme or a Scam on: June 28, 2023, 11:13:00 AM
My nephew, who is around 15 years old, has gained knowledge about bitcoin and cryptocurrencies through exposure to discussions between his father (my brother) and me, as we frequently talk about bitcoin.
~snip~

You and your brother should talk about such things privately, not in the presence of children, because realistically such discussions are not something that should burden children. It's not just a matter of filling your child's head with things he's too young for, but also about your child being exposed to safety risks because he can talk about these things to someone who has malicious intentions.

Recently, he expressed his frustration about his teacher and classmates labeling bitcoin as a ponzi scheme or a scam each time he talks about it. I'm seeking a variety of advice that I can offer to my nephew in this situation. Although his father suggested that he should stop discussing bitcoin, I don't feel comfortable with that approach. What are your thoughts on this matter?

I would agree that his father is right, and that he should make a decision on how to raise his son - because the inconvenience he feels at school is a direct result of getting information that should not have come to him at all. If it has already come to the point that he feels frustrated because someone is saying something about something in a way that he does not like, then it is time to teach him a lesson about how everyone is entitled to their opinion, and accordingly such an opinion should be ignored.

The world is full of people who think Bitcoin is a Ponzi scheme and an internet scam, and as far as I'm concerned they can think that for the rest of their lives. It just goes to show that they're not intelligent enough to process all publicly available information .
1652  Bitcoin / Bitcoin Discussion / Re: [INFO]Hong Kong's HSBC Allows Customers to Trade Bitcoin. on: June 28, 2023, 10:46:49 AM
I am not arguing, I am only saying that China is slowly opening their borders for the cryptospace through Hong Kong as the go between and I think this is a positive development compared to the crackdowns being done by uncle Gary. There is more news besides the Hong Kong ETF article that already shows this.

You're grasping at straws that really don't make sense to grasp on since your main thesis is that China is becoming more crypto friendly than the US. And the fact is that what is happening in HK has nothing to do with Bitcoin or the Chinese position towards it.

Also, about ETFs in America, futures ETFs that were already approved are different from spot ETFs. Spot ETFs invests in real Bitcoin.

I don't know why you think you need to teach me about the difference between spot and futures ETF, and I tell you in my previous post that futures BTC ETF has been around for years in the US, and your Uncle Gary has nothing against it. You and many think that the SEC is fighting Bitcoin, when in fact all this fight is directed against shitcoins, and then what are you even talking about when comparing China and the US in the context of cryptocurrencies?
1653  Economy / Services / Re: Someone Paid Me $2,500 in April And Forgot... on: June 27, 2023, 03:38:44 PM
The OP has a history of account trading therefore dismiss the nonsense he is posting. Do not believe anything the OP is claiming because he is attention-seeking.

He probably thinks that by making up false stories and narratives he receive merits but his irresponsible conduct can be traced back to his first post in the forum under this "Newchanka" account:

Somehow it seems to me that you are the closest to the truth, because this story, like some others presented before, is not very convincing - and all together it really looks like some kind of bad attempt to create a reputation. Besides, why would someone just send $2500 to someone unknown without thinking about using escrow?
1654  Bitcoin / Hardware wallets / Re: Possible Evil-Maid Attacks on Blockstream Jade on: June 27, 2023, 03:10:16 PM
Now I'm just askin' here, so forgive me:  Is this Ledger-playing-an-evil-maid thing an attempt to distract people from the unlubed assfucking still in progress they're delivering to Ledger customers via the Recovery option that ain't at all an option?  Just thinkin' aloud, mind you.
~snip~

If you look at the date then you will see that the article was published on February 15, 2023, which means that it is already old news. This does not mean that Ledger will not use every opportunity to divert attention from its products and its incomprehensibly bad business practices.

In the past, their team published an article about vulnerability in Trezor HW, so this is not some isolated case but their way of trying to be good guys, and at the same time cast doubt on the competition.
1655  Bitcoin / Bitcoin Discussion / Re: How does a whale sell its huge amount of bitcoins and change them into fiats? on: June 27, 2023, 01:27:22 PM
That's my question. A person who lost his private keys for years and recovers them. Maybe he mined btc or he won btc with a faucet, how can he prove all that after 10 years ?

Ownership can be proved in a very simple way, and that is by signing a message with one or more public BTC addresses. After that, he has to find out the process of paying capital gains tax, and then he can sell his BTC without any problems.

If I found 10 BTC and wanted to sell them all I would have to do is submit a tax return and explain when and in what way I acquired that BTC, and for all crypto assets acquired before 2016 I do not pay any tax (local law). I don't think this kind of thing is a problem, at least not in countries where BTC is not declared illegal or if it is not acquired illegally.
1656  Bitcoin / Bitcoin Discussion / Re: [INFO]Hong Kong's HSBC Allows Customers to Trade Bitcoin. on: June 27, 2023, 01:02:00 PM
It is head shaking that uncle Gary, the SEC and the American government are cracking down on the cryptospace while a communist country like China are slowly allowing it through Hong Kong as the go between.
~snip~

I don't see any point in your post given that futures BTC ETF has been around in the US for some time, and HK is a special administrative region of China, and therefore what happens in HK cannot be an indicator that China has changed its attitude towards Bitcoin in any way.

In addition, the bank in question was not so long ago at the center of financial scandals and is considered one of the most corrupt banks in the world, but everyone seems to have forgotten that.

I wouldn't look forward to anything that has anything to do with China when it comes to Bitcoin, and I don't get anyone who thinks that communism and anything to do with decentralization and human freedom can succeed in one such country.
1657  Bitcoin / Bitcoin Discussion / Re: Would you dare to pawn your bitcoin? on: June 27, 2023, 10:52:35 AM
For me, every service in which someone gives its BTC for this or that reason is essentially wrong. Most of those who are active on the forum know what happened to companies that offered tempting interest on BTC deposits, and yet they were companies that operated at least somewhat in accordance with the law - while on the other hand, a pawn shop can literally disappear overnight and you can easily lose everything.

Of course, there is also the issue of KYC and the protection of this data, but also the problem of personal safety if it were physical branches - which leads me to conclude only one conclusion, and that is that this is a very bad idea no matter how someone presents it.
1658  Other / Meta / Re: Captcha slow to load on Safari browser on: June 26, 2023, 02:59:39 PM
@Wapfika, internet speed is definitely not a problem, but the thing is in the browser and maybe some other things that are related to the same. As for the link you can log in without a captcha, simply do not share it, and if that happens, no one will not be able to log in to your account because it will still need your name and password. The only problem is that such a link can allow someone to brute-force your password, since there is no captcha that would slow down the process.

I dug a little and it seems that there are many people with a similar problem - a possible solution ->

Some website and app sign-in screens require you to pass CAPTCHA challenges, such as recognizing letters in unusual shapes. iCloud allows you to bypass many challenges by automatically and privately verifying your iPhone and account. You can turn this bypass on or off.

Go to Settings  > [your name] > Password & Security, then turn Automatic Verification on or off.
1659  Economy / Economics / Re: Has everyone become too pesimistic about the economy? on: June 26, 2023, 02:34:09 PM

Quote
- The economy is not going to crash into a recession
- That there will be an actual soft landing

The optimist always hopes for the best outcome no matter how bad the situation looks, while the pessimist always thinks the worst will happen. I always try to think positively, but at the same time make decisions according to what is happening in the world.

Quote
- That the Russia - Ukraine war will not escalate into a European war

It's already a European war, because you can hardly find a country in Europe that doesn't support Ukraine financially and militarily. Like it or not, the EU is at war with Russia, although some pretend that this is not happening.

Quote
- That Gensler CAN'T truly ban crypto

He himself can't do anything, and I don't know why people even mention him so much since he's just implementing measures of current U.S. policy, which is actually a continuation of what Trump didn't get to do in his term. After Gensler will be "Gensler" again, let no one deceive themselves that the problem is only in one man.

Quote
- Institutional investors will come back and take Bitcoin to six digits

They probably will, but they are a two-edged sword and will only be good for those who want to profit from Bitcoin no matter what happens after. All these big investors are with Bitcoin only for profit, and when they start selling en masse we will find ourselves again at four-digit figures. It may seem like a good opportunity for some, but a drop from $x00 000 to just $x000 would be a very bad sign for all future investors.
1660  Other / Meta / Re: Captcha slow to load on Safari browser on: June 26, 2023, 01:50:40 PM
It is possible that the problem is in the IP address you use, i.e. that someone from that IP address was doing something malicious and now Google is looking for multiple verifications in the form of solving reCaptcha. If you use home Wi-Fi try to restart the modem and get a new IP address, and if you use mobile internet simply disconnect from mobile data and try again.

There is also an alternative in the form of a special link that you can get on the login page, and with it you can avoid reCaptcha completely every time you log in.
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