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121  Alternate cryptocurrencies / Altcoin Discussion / Re: How To Spot a Shitcoin? on: February 08, 2020, 12:36:29 PM
If the source code is closed, it usually means that the developers have something to hide.


Is the major portion of the money supply in the hands of the original company or a handful of people?




Well, realistically, not all blockchains are designed for the public. Because of these, they are neither open source, nor upfront about their code.

Blockchain as a service companies can instead rely on third-party audits of their code to prove their usefulness to nascent businesses and the like.

However, I would agree that a lack of public source code for a public (or crowdfunded) project is a big no no.
122  Economy / Gambling discussion / Re: Is it good to talk about big gains? on: February 08, 2020, 11:37:01 AM
Realistically, it doesn't matter whether you discuss your gains or not.

Most people know that playing at any casino will inevitably have them at a disadvantage due to the house edge, but some people are willing to take that risk on the chin in the hopes of a nice reward.

e.g. Just because somebody you know happens to win the lottery, that doesn't mean you'll suddenly think you've got a better chance.

Very few people are that stupid. I think talking about your losses would be more powerful though, since most people are risk averse, rather than risk taking.
123  Bitcoin / Bitcoin Discussion / Re: What are the best Bitcoin hardware wallets? (Merits for help) on: February 08, 2020, 11:21:56 AM
About cardwallet = looks like an expensive paper wallet where a third party generates the private keys for you. I don't care about the security and all that, it's still made by someone else and you'd have to trust them. Also, it looks like they are still using legacy address formats.

So far, the best compromise that does everything you need it is still Electrum. It does all address formats, has extended keys, has seeds, can import private keys, and can act as watch-only wallets to pair with cold storage offline wallet.

Whoops, I actually thought it was a hardware wallet. Definitely going to be avoiding this then, I'm not into paying $50 for a piece of metal lol.

Those crypto steel solo and cassette things are nice, but you can do a similar level of protection if you have a fire rated safe. So, it isn't exactly the same thing, but you can plan for it.

Paper can be laminated, or even stored in a folder or envelope, then stuffed in a fireproof pouch and then you put that inside the safe.. The safe would be bolted to the floor or a wall of your house so it doesn't move.

Then you should have a back up, like buried hidden underneath your basement, or in the back yard or something.

Just in case, right?

These do look nice, but that CryptoSteel is like $90, which is just crazy considering what you receive for the money. You can buy a Ledger Nano X for a few bucks more and have so much more functionality, and it's actually more secure than the capsule.

Anybody seen any other new hardware wallets? So far I've ordered a Ledger Nano X and a Trezor One, but want a few more.
124  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin is not universally adopted and how to change it on: February 05, 2020, 10:57:19 PM
Let’s face it: crypto adoption has been going down for quite some time. There are fewer and fewer merchants accepting Bitcoin, let alone other cryptocurrencies. This is a bit surprising, given that many issues hampering adoption in the early days have been sorted out: user interfaces got a lot safer and friendlier, major cryptocurrencies are much less volatile than they once were, the assortment of tools for merchants as well as consumers has substantially increased, layer 2 solutions addressing bottlenecks are becoming practical, and yet…

A once-popular crypto-only travel agency, BTCtrip.com has closed shop, leaving unfulfilled orders and defaults on refunds in its wake. Restaurants that once accepted crypto payments no longer do. Fewer and fewer webshops offer crypto as payment options.

In this article Daniel Nagy, a software architect and Ethereum developer, explains why this is happening and how this trend can be reversed.

https://forklog.media/why-crypto-is-not-universally-adopted-and-how-to-change-it/

Where did you see the statistics that there are fewer merchants accepting Bitcoin? Is this in absolute terms, or in terms of velocity of adoption?

e.g. is the rate of adoption slowing down, or is the total number of merchants falling?

The article does not address this.
125  Economy / Gambling / Re: ➫ ➬ ➫ ➬ LUCKYB.IT ★★★ The legend is back! ★★★ Bigger and better than ever! ★★★ on: February 04, 2020, 11:35:57 PM
Glad to see Luckyb.it is getting the attention it deserves.

How much have you guys won so far? So far I'm up 20% and looking to climb even higher  Grin

Can I make it to the magic +100%?!
126  Bitcoin / Bitcoin Discussion / Re: US marshals seizure of 4000 btc being auctioned, will start dump/run this month? on: February 04, 2020, 11:11:22 PM
In recent times, these police auctions haven't seen the BTC being sold at much lower than spot rate.

Even so, even if they manage to buy the BTC at 20% discount, that's paying around $29 million for around $37 million worth of Bitcoin.

The daily turnover of the Bitcoin market is around $30 billion right now. So even if they dumped all $37 million at once (which nobody in their right mind would do), it would only transiently affect the price of Bitcoin.

Realistically, I think they'll get it at more like a 2-5% discount, since it's pretty much-guarnateed profit
127  Economy / Gambling discussion / Re: Online gambling on real gaming equipment: Testing technology on: February 03, 2020, 03:33:43 PM
Greetings, colleagues!
My company is creating a crowdfunding platform in which prizes will be drawn among investors. To do this, we will use real gaming equipment (roulette, slot machines, card games, etc.).
To organize access to equipment via the Internet, we have developed a technology that needs to be tested from different countries.
I need your help, which can be paid by us in shares in the authorized capital of the project.
The test order is as follows:
1. We agree with you about the test time in this topic.
2. I pass on to you and you enter a test login on the login page of your personal account.
3. I am sending you a temporary password to enter.
4. In your account there is a tab "Oнлaйн cлoты" (written in Russian). You will need to go to this section, enter the amount of 10 in the "Cyммa дeпoзитa" field and click the "Haчaть игpy" button.
5. Do not leave the page! After my confirmation, a window will open with the gaming machine and buttons for controlling it.
6. Your task is to test the game and inform me in this thread about problems noticed.
7. At the end of the test period, you will receive a reward in the project tokens.



How exactly is this different from normal live casinos? Do you have some sort of robot that operates the slot machine, or is it a person doing it?

Please send me the details, I'd like to test this platform out.

No need for any reward, as I'm actually curious how you manage to allow people to control slot machines and roulette over the internet. I assume it's using real people, if so, no innovation there.
128  Economy / Digital goods / Re: Bitcoin mining Bot, for sell, generates 0.01btc in 45 mins on: February 03, 2020, 03:26:40 PM
This will almost certainly be some sort of malware, either something to steal your account logins, or ransomware that locks your PC.

If this guy can generate 0.01 BTC in 45 minutes, why on earth would he sell the bot for $50....


Bearing in mind that 0.01 BTC is currently around $93, and he could simply run the bot all day and night for a week to make 2.2 BTC (around $20k) per week!

GET OUT SCAMMER.
129  Bitcoin / Bitcoin Discussion / Re: What are the best Bitcoin hardware wallets? (Merits for help) on: February 03, 2020, 03:17:10 PM
I found Finney, another hardware wallet from the Sirinlabs project. Sirinlabs is one of the top altcoins that has use cases, the Sirinlabs smartphone, and this Finney is a hardware wallet which is available in the Sirin shop! You may find details here, https://shop.sirinlabs.com/?rfsn=2397639.54fdf&utm_source=refersion&utm_medium=affiliate&utm_campaign=2397639.54fdf

Jesus, $999. I'm really not sure who their target user is, but $999 is just ridiculous considering you can buy practically all other wallets, plus the Samsung Exodus phone for less than that.

I can only recommend Ledger or Trezor.  As they have a consistent track record so far. I would never recommend something I have never used.

Yeah, I've already played around with both of these, but I just can't take the fact that neither is wireless. Plus as far as I'm aware, the Trezor One is no longer being updated and so doesn't support some newer assets.

Not ideal for me.

Still looking for more suggestions gais!
130  Economy / Gambling discussion / Re: Conor McGregor vs Manny Pacquiao on: February 02, 2020, 01:57:42 PM
Again, Manny isn't fighting for the money,  Manny Already has it.
Then why didn't he retired already in boxing?
Manny has a lot of money but he still has the opportunity to make money, and we know his opportunity now very short due to his age, if Mayweather who are already rich and probably richer than Manny take exhibition fights for money, I don't think Manny would easily resist any offer.

Exactly, if it wasn't for money, Manny had already retired at his age now, he is fighting because he know he can still make money and he is still capable, that two things should go together. The world of boxing is a a world of entertainment, we don't have to listen on what people are saying because everyone has a price.

Well, if you look at the way Manny lives his life, you can see why he still needs to keep earning.

He basically considers all of his trainers and team to be like part of his family, and wants to keep supporting them with a healthy wage. I'm not sure how long he could keep that up for if he retired.

I already read that he spends like $500 a week on car washes, so you can only imagine the other expenses he has in his life if he spends $25k a year washing his cars!
131  Bitcoin / Hardware wallets / Re: Ledger Nano X vs. Nano S on: February 02, 2020, 01:33:43 PM
I'm planning to purchase a Ledger to play around with. The only upgrades on the Nano X seem to be capacity (for running more altcoin apps on the same device) and Bluetooth capability. Is that correct?

$59 for the Nano S sounds more reasonable given the lack of new functionality on the Nano X. Are there any other considerations to make?

Based on my research, the Ledger Nano X also has an improved design, since the buttons are now on the front of the device (next to the screen), rather than on the side of it where you fingers can get in the way of the screen.

Also, as far as I'm aware, it uses a USB-C lead rather than MicroUSB, which makes it compatible with most modern phones/tablets without requiring an OTG cable.
132  Economy / Gambling discussion / Re: Crypto gambling websites need to add self-control functionality! on: February 02, 2020, 01:02:09 PM
Lately, I've been gambling a bit too much again and it's impossible to add limits to most crypto gambling websites.
Heck, I've found it to be impossible to just remove your account, without contacting support.

I think it should be mandatory, or at least standard, to include easy ways to prevent members from gambling.
In my country (Belgium), legal gambling websites are required to have player-imposed limits, plus general limits on their websites.
I wish crypto-based gambling websites would do the same.

Anyway, I've just sent an e-mail to the one casino I was still playing on, to close down my account. I hope they'll do that without any issue.
But still, I wish they would just add a function to do it by yourself, or add some self-control functionality.

I.e. let people exclude themselves for X amount of time

Most websites actually state at the bottom of the page that anybody who thinks they have a gambling problem should seek counseling or therapy.

The thing is, even if people do self-impose a restriction, there is little in the way stopping them from simply creating another account, or playing at a different casino when they reach the limit.

KYC requirements are rarely a thing for crypto casinos, so that barrier just isn't there. I really cant see how it would be effective unless all the differnt popular casinos share records and work together to enforce this, which just aint going to happen.
133  Bitcoin / Bitcoin Discussion / Re: What are the best Bitcoin hardware wallets? (Merits for help) on: February 02, 2020, 12:40:40 PM

The Card Wallet may be of interest, I am thinking of getting one.  It's made in Austria and looks secure:

https://www.cardwallet.com/en/home/

Never seen that one before, thanks for contributing.

Definitely looks like something I could be interested in, since it'll make carrying around Bitcoin far more accessible.

+merit for you!

I'm thinking I'll just end up buying a few different ones and comparing them myself. The Ledger Nano S and X do look strong, but the price of the X just isn't justified IMO right now, particularly considering the CoolWallet is way cheaper.
134  Bitcoin / Hardware wallets / Re: Kraken Security Labs just 15 minutes to hack both of trezor's crypto hardware on: January 31, 2020, 09:29:48 PM
Wait, what?  From Trezor's response, this has been known about since October of last year (although they apparently just responded now).

Anyway, I'm ignorant as far as technical details go but this stood out to me:
Quote
It’s important to note that this attack is viable only if the Passphrase feature does not protect the device. A strong passphrase fully mitigates the possibilities of a successful attack.

So that tells me that it isn't always possible to hack the Trezor if someone has possession of it.  Someone please correct me if I've interpreted that incorrectly.

This is still very interesting to me, as I've often wondered how easy it would be for someone to get access to a hardware device's private keys.  Till now I had no clue, and I'd assumed that it would have been impossible--oops!  I've never used a Trezor, but now I'm curious as to what it would take to hack a Ledger or any of the other hardware wallets on the market.

Isn't the passphrase just an additional word added to the seed phrase? If so, surely they could just retrieve the 24 word seed phrase, and then brute force the 25th word via a dictionary attack?

Doesn't really seem to be that much additional security, or is there something I'm missing?
135  Economy / Gambling / Re: 🔥🎲Luckydice.com 🎲🔥 - ⭐ 100,000 USD Jackpot ⭐ Cashback ⭐ Faucet ⭐ Unique Game ⭐️ on: January 31, 2020, 07:12:50 PM
Lucky name is very familiar in this space as some others also had this name before. The site looks really good and the UI is attractive as well sometimes overdose of this colourfull UI becomes childish most of the times but it didn't here. This is just the first look about the site will play on it later and share my experience. And the activity table on the left occupies a lot of space so you could consider providing an option of hiding it whenever required by the user.

Yep, there's quite a few different casinos sites that either have lucky in the name, or dice, hence why the name 'LuckyDice' feels instantly familiar to most people.

As far as I can tell the website automatically resizes and adjusts the positions of different UI elements depending on your resolution, because the activity bar isn't always visible on mobiles like it is on desktop. I guess it's for space optimization purposes.

Pretty neat IMO.
136  Bitcoin / Bitcoin Discussion / Re: What are the best Bitcoin hardware wallets? (Merits for help) on: January 31, 2020, 05:12:24 PM
Alright, well it looks like the Trezor is off the list;

https://bitcointalk.org/index.php?topic=5222188.0 <- it's just been hacked.

Will drop some merits for those who provided useful suggestions now, thanks guys!

I've spent time looking for those hardware wallets that you have missed. And I've seen this one[1] on Hardware wallets


Actually, if I'm about to buy, I'll not choose any new or another kind of wallet. I'll stay to Ledger wallet or probably Trezor with both models.
Currently, I own a Ledger Nano S.

Jesus, I mean I'd love to have that hardware wallet, but I expect that costs north of $3,000.
137  Bitcoin / Hardware wallets / Re: Kraken Security Labs just 15 minutes to hack both of trezor's crypto hardware on: January 31, 2020, 04:42:17 PM
Well these kind of attacks were always going to be possible. For example, anybody who has access to your hardware wallet could simply install a device that records your PIN and transmits it wirelessly, or install cameras in the room or pressure-sensitive film over the buttons to register your presses and record the PIN.

They're still going to be a step up over simply storing your private key or seed phrase on a paper wallet.
138  Bitcoin / Bitcoin Discussion / Re: What are the best Bitcoin hardware wallets? (Merits for help) on: January 30, 2020, 11:23:17 PM

There is a issue with keepkey, last year December there were some article on it related to a majors flaw.  I am not sure about Cool wallet S or CoolCard. I will recommend Ledger Nano and Trezor.

You have missed few. Here is a list of hardware wallet - https://en.bitcoin.it/wiki/Hardware_wallet

Great resource, found a few there that I hadn't seen yet, including a few cool ones.

+merit for you.

Still putting together my final list of potential candidates to purchase guys, assistance is appreciated.
139  Bitcoin / Bitcoin Discussion / What are the best Bitcoin hardware wallets? (Merits for help) on: January 30, 2020, 10:52:45 PM
Hey guys, I'm in the market for a Bitcoin hardware wallet.

I have already taken a look at the;

Ledger Nano Blue, S & X
Trezor One & Model T
KeepKey
CoolWallet S
CoolCard
BitBox02
BC Vault One
Secalot
ARCHOS Safe-T Mini
ELLIPAL Titan

Are there any other options I'm missing? I'm probably looking to buy 2 or 3 until I find the one I like most.

Merits for anybody who finds any that I've missed that are available now!
140  Bitcoin / Bitcoin Discussion / Re: The profitability and effort put into different ways of earning bitcoin on: January 30, 2020, 11:26:45 AM
The red High Risk means are set in the mid-to-upper profit quadrants, and although the risk is implicit, the fact is that, on a case by case basis, they could easily turn out to be on the Low Profitability quadrants. I figure the chart should be interpreted as some sort of potential best case scenario, where skills and luck play their role.

Seeing HYIPs (High Yield Investment Programs) there is a bit of a shocker, as they are very often Ponzi schemes where some may profit at the loss of the majority.

The complete base article: https://99bitcoins.com/earn-bitcoins/

Note: funny to see Mickey Mouse (top left quadrant) there as a High Profitability, Low Effort, High Risk triad of means ...


Thanks for finding the source, upon reading the article I find that the author is just throwing together whatever he can.

He hasn't actually done in-depth research into how each industry works, and hence can't accurately gauge the effort and probability scales.
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