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1061  Other / Beginners & Help / Re: Sales of bitcointalk account must be discouraged on: January 22, 2021, 09:06:22 PM
yes it should be discouraged not only it's dangerous, but its also shameful pretending you really own the account but in reality, you just bought it, there is no feeling of satisfaction, for me if you start from scratch to a legendary position, that's the greatest achievement, and proud of what you have reached, imagine someone asks you of a certain topic and you can't even answer, you don't know how to make a topic, why because you don't know since you just bought the account.
When someone's post quality drops all of a sudden and so does their grammar and knowledge spectrum, it becomes quite obvious that the account has been either purchased or sold by someone else. I personally think it's some kind of karma to purchase an account hoping just to earn bucks off the forum, only to find yourself banned by the forum administration.

It should be a passion to talk & stay here in your free time - coming on the forum strictly for the payments makes it less fun and more annoying for both you as the account buyer and for everyone else having to waste their time reading nonsense..
1062  Bitcoin / Bitcoin Discussion / Re: Forks on: January 22, 2021, 06:40:09 PM
The best thing you can do is looking up these forks by yourself and finding out whether, in your own opinion, any of them have an actual future or not. Most of these coins are either being used or looked at as testing grounds for BTC future updates or straight shitcoins. I would rather invest in BTC than sell it and move the money to shitcoins and forks. Just my 2c though.
1063  Alternate cryptocurrencies / Altcoin Discussion / Re: current market conditions are being determined on: January 22, 2021, 03:19:18 PM
It's always been this way.. the two possibilities of either going up or down are permanently there in every single market in the world. It's like saying there's a possibility you die tomorrow and the possibility you don't.

The market is still too immature to predict a change properly. The 4-year cycle is different to what we usually had in any other market, which makes BTC's charts way harder to be predicted. I expect a market run exactly like the other previous 2 halvings. Things will go wild once institutions pour in money.
1064  Bitcoin / Hardware wallets / Re: Ledger live, and Electrum say zero balance ?? on: January 22, 2021, 08:52:34 AM
Rather than inserting the private key into Electrum upon first start, you should set it up another way.

Have you followed every single step properly from the link above (https://support.ledger.com/hc/en-us/articles/115005161925-Set-up-and-use-Electrum)? It's not a link to a download, it's a tutorial!

When you open Electrum, go to File and create a new wallet by following the link above. But the thing is, if Ledger Live doesn't see BTC balances, you most likely will not see any balance on Electrum either.

When you plug your Ledger into your PC and unlock it using the PIN code you set up, do you have the Bitcoin app on your Ledger display? If yes, enter it. You should see the "Application ready" message on your Ledger. Then, open up Ledger Live and add new accounts for Bitcoin. Give it some time for it to scan multiple accounts - are all the accounts that show up fully empty?

After adding the accounts for BTC, in the Ledger Live dashboard (where you see the graph of your money, right under it) you should have a history of transactions... do you see any transaction there? If yes, then you have the right seed but you have previously spent all your BTC..

The seed should never be introduced on a PC. It should sit on an offline thing (such as a paper). When you insert it manually in a computer, it removes the purpose of a Ledger which is to store your seed and private keys in an offline device!
1065  Bitcoin / Hardware wallets / Re: Ledger live, and Electrum say zero balance ?? on: January 21, 2021, 11:09:27 PM
You have most likely generated a seed, not a private key. If your Ledger is that old, are you sure there is no other seed you have ever generated before? Different seeds generate different keys, so all you basically have to do is just find your old seed. The only moments you see it is either when you first initialize your Ledger or through their app that lets you re-check the words, so I suspect you have just done the former action.

If yiu enter Ledger Live and the Bitcoin accounts show up as zero without any kind of history on them, then theft is out of the equation. If someone stole your bucks, you would see it in the list of transactions.

Try your best to remember if and where your older seed is so that you can recover the wallet with balance on it.
1066  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: You can lose transfering and withdrawing on: January 21, 2021, 04:46:56 PM
Depends on the exchange and depends on how long you're planning to hold (and obviously, on the amount). For sums such as $50-200, I would not mind leaving them for more time on the exchange. It's a loss I can afford. When you have these amounts, it just doesn't make much sense to withdraw even when networks aren't congested... just keep it there and withdraw when you have more money (or at least this is what I'd do) in the account.

Now imagine how much money I'm losing since I always withdraw and deposit again for every single transaction of mine! It is what it is - the privacy and freedom I get pays off very well!
1067  Economy / Exchanges / Re: If you're using Bitstamp, now might be a good time to ditch it. on: January 21, 2021, 11:29:04 AM
If this is coming to The Netherlands, then I suppose it's coming to the EU and the US soon as well?! I mean, there was a rumor that the US gov was planning to do exactly this - and here we go!

This is so close to the "virgin coins will be more expensive than tainted ones" narrative it's scary. I just wish Bitcoin users wake up before it's too late. Ditch them privacy-stripping centralized exchanges - ditch them all!
1068  Bitcoin / Bitcoin Discussion / Re: Biden treasury secretary nominee Yellen says "curtail bitcoin" on: January 21, 2021, 11:13:05 AM
I highly doubt that the government doesn't like Bitcoin at this point, especially since Chainalysis and all those other blockchain analysis companies are heavily working with 3-letter agencies to basically drop privacy off the chain. I feel like they're now pretending to hate BTC so that they could only push more and more strict anti-privacy regulations in order to take as much control over the data as possible.

Stricter regulations are probably coming soon, and for the average person it might not be a big deal considering a significant part of them have bank accounts or so and are used to giving up their data, but for us, the Bitcoin users which are looking into the tech and not for the money, it's gonna be a burden avoiding these crappy rules..
1069  Bitcoin / Bitcoin Discussion / Re: Michael Saylor CEO of Microstrategy wants Elon Musk to talk about bitcoin on: January 20, 2021, 10:35:00 AM
Why are we rushing the elites into BTC when we should do the exact opposite? I think it's better to let the people get into BTC first, and then the Elites. Otherwise, all we'd do is just allow the Elites to continue purchasing significant amounts of the BTC supply, making the wealth inequality even worse than before.

I'd be curious to find out what Elon thinks about BTC in a serious mood rather than trolly tweets, but let them miss the train. Let the people get more power instead.
1070  Economy / Exchanges / Re: EXCHANGE BLOCKCHAIN.COM on: January 19, 2021, 03:48:30 PM
Perhaps you've logged in using a VPN or Tor, or you're from a country which is restricted from their exchange? Here's the list of countries prohibited from trading on Blockchain Exchange.

Otherwise, have you by any chance used a mixer, CoinJoin or other methods of blockchain transaction chain obfuscation before depositing coins on the exchange?..
1071  Bitcoin / Bitcoin Discussion / Re: We Need Terminology Between Satoshi and Bitcoin! on: January 19, 2021, 10:06:10 AM
I personally think these things will come in time as and if we need them. We already have some terminology for smaller amounts of BTC (such as satoshi or mBTC), but I have never used anything besides sats and BTC tbh.

As I am not using BTC on a daily basis for my daily txs, it's way harder to get used to other kinds of terminologies and you don't want to get them mixed up in your mind. For example, mBTC confuses me every time so I'd rather not use it.
1072  Bitcoin / Bitcoin Discussion / Re: I predict stricter regulations for bitcoin and the cryptospace for 2021-2024 on: January 19, 2021, 06:51:07 AM
It's both good and bad news, depending on how you look at it and on how the new regulations sound like. If they're pushing out regualtions that make it a pain in the ass to hold cryptos, then it's obviously bad news but at the same time it'd lead to what @pooya87 mentioned.

But if stricter regulations limit the legal use of cryptos and add new laws we have never had before, then mass adoption could come even closer to us than ever before as people might feel safer to invest in a regulated market than in a grey zone.

For me, personally, it has no effect upon the future of cryptos. People will always find a way to make this space better and I'm afraid it's going to be too late for the Biden administration to make harsh changes because more and more people are moving to decentralized and open-source solutions as they find out this is the freedom we all should really have!
1073  Alternate cryptocurrencies / Altcoin Discussion / Re: Survey: 25% of crypto users not securing assets as well as they think on: January 18, 2021, 07:37:24 PM
Those people just don't care about the safety of their money since they thought that saved up in centralized service is enough and let the rest taken care of by that service provider.
Or... Maybe it's just that they have no idea about the existence of both decentralized and centralized exchanges or wallets. The lack of education is a big con of crypto adoption - how do we expect mass adoption when the average person doesn't even have any idea what fiat or decentralized is?

If things were easy enough for someone even with a lower education level to understand, then maybe crypto users would opt for a better security. But when you find it too difficult, you probably just opt for trusted, custodial wallets..
1074  Other / Politics & Society / Re: Why We Need Decentralized Blockchain Social Media Platforms on: January 17, 2021, 06:43:58 PM
We need them, but the hardest part is convincing a significant number of users to use the said platform. Decentralized means less convenience. How many people would give up convenience for decentralization really? The number is too low for the platforms to survive. Hence, the closest we can get is getting rid of Facebook, Twitter and all those corporation-launched apps and websites and moving on to much better alternatives: Signal instead of WhatsApp (or Session if you want an encrypted messenger that does not even require a mobile phone number!), Linux instead of Windows, Bitcoin instead of VISA etc.

We have many alternatives, but too few people use them so most of them end up as a failed attempt to put the power back in the people's hands. It's going to take time, but at one point privacy WILL be sought after. Trust me! Smiley
1075  Alternate cryptocurrencies / Altcoin Discussion / Re: Stable coins are not actual fiat on: January 17, 2021, 11:47:37 AM
So If I have stable coins in my wallet and something happens with  USA dollar or other fiat..
Then there is no connection between them my stable coins balance can remain same even after dollar collapse.
The USD can literally disappear forever. Stablecoins are pegged to it and theoretically "backed up" by it, but nobody guarantees a verified, audited backup of the coins in fiat. If dollar collapses, it's probably up to the USDT devs/team whether your balance will still be there or they just run away with it.

In otherwords the stable coin is not fiat currency but you can use it as a fiat currency.
To put it another way.. Imagine I gave you a piece of paper on which "$1" is written with a pen, and I told you that I will always have a $1 bill in my wallet as long as that piece of paper is yours. That is basically all you know: you have a piece of paper that is theoretically worth $1, although nobody could guarantee the existence of the $1 bill I promised I have in my wallet and nobody could guarantee what happens if USD collapses. It's like keeping your bucks in someone else's custody - they have control over it.
1076  Bitcoin / Bitcoin Discussion / Re: Idea for an inflationary Bitcoin with (automatic-)regulated supply on: January 17, 2021, 09:05:05 AM
As far as I've seen, the price usually soars years after the halving happens. Remember that miners have to constantly upgrade their equipment, so a sudden rise in hashrate doesn't happen out of nowhere. The more time goes by and the more tech advances, the higher the hashrate will be. Hence, it's quite hard to tell whether it increases due to new miners or due to new equipment.

People always miss out on things. If you feel like you've missed on BTC and wish you had invested in it/mined it back in 2009, think of all the people who've bought Apple stocks decades ago. Not everything is always fair. And then, if you think Bitcoin users from 2009 held their coins up to $40k, you're very wrong! Imagine Bitcoin soared from $35,000 to $4,000,000,000 within 10 years. If you aren't going to sell at $100k, I highly doubt you will NOT stop at $250k, $500k, $1M ... damn it, fine, maybe at $10M! The larger % of the oldest Bitcoin users are not rich today. In fact, some of them probably have less BTC than we do.

For the current geniuses and tech we have in this world, Bitcoin is as fair and decentralized as it can be. The deflationary nature of it is amazing as an asset used for storing value. I agree that it has flaws and pretty much "failed" so far as a currency, and flaws will always exist no matter how many things we change. Your idea is indeed interestin.g, but I'm not sure how well it'd go once put into action.
1077  Bitcoin / Bitcoin Discussion / Re: Bitcoin dominance 70%? on: January 17, 2021, 07:26:26 AM
Once the alt season begins, expect it to drop. It almost always happens this way and the more (and the larger) altcoins we have, the more volatvile BTC's dominance will be. But remember this is just a relative number because CMC chooses to only show the coins they want .. and they're mostly shitcoins anyway..
1078  Local / Romānă (Romanian) / Re: Metode legale de schimbat bitcoin cu taxe minime on: January 17, 2021, 12:09:41 AM
Daca ar fi sa fac un tl;dr, ar fi.. daca aveti venituri din BTC, apelati la un expert care sa va indrume pe calea corecta in loc sa va luati dupa niste postari de pe un forum. Este clar ca legile au fost facute asa, sa fie - nu sa poata fi intelese de omul de rand. Decat sa va treziti cu ANAF-ul pe cap, doar apelati la un expert (sau mai bine de atat, la mai multi) in domeniu. Insa avand in vedere cate rectificari au avut loc in opiniile si calculele noastre de pana acum, cred ca ar fi cel mai bine sa ne rezumam strict la a ne exprima opinia deoarece aparent pasim intr-o zona destul de "periculoasa", daca ii pot spune asa, in care fiecare spune ce a inteles.
1079  Alternate cryptocurrencies / Altcoin Discussion / Re: Stable coins are not actual fiat on: January 16, 2021, 11:57:24 PM
In terms of USD, yes. It stays the same. But if a currency collapses such as USD, then things are quite uncertain honestly. If in that case things become very uncertain for any USD holder, imagine what a stablecoin holder would have to go through. It's like some kind of double-danger.

Stablecoins are different to fiat. It's some kind of virtual fiat, if you will. But whether the existing supply of a coin like Tether is really backed up in real USD or it's just money made out of thin air is up to your own research and trust.
1080  Bitcoin / Bitcoin Discussion / Re: Bitcoin Core P2P Implementation BLOWS on: January 16, 2021, 01:16:12 PM
Bitcoin still is the currency of the people. If you don't like having a cryptocurrency with a verifiable history from inception 'till this date, then just switch over to another centralized shitcoin or leave the space. BTC will probably never be a perfect currency and we have to either accept that or go away.

I admit that the current blockchain size is just too large for the average person to afford running a full node on their own, but we only need time and someone will most likely come up at one point with a solution. Either that or the tech will advance fast enough for a 2TB HDD/SSD to become as affordable as today's 64GB microSDs.
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