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1641  Economy / Economics / Re: "Prepare for defation in 2023" on: January 14, 2023, 08:30:24 AM
Please get the context of the topic. I'm NOT saying the cabal will do it RIGHT NOW, I'm merely saying that they're response from their overadjustment WILL BE another overadjustment. franky1 is right, there has always been inflation, and in the current cycle, it may have already peaked. But if anyone believes that the inflation numbers we saw last year would be the highest, then it's laughable. We'll probably experience something worse in ten years.

Furthermore, CPI print is lower month on month, and the rate of inflation is also declining year on year. That might be the first signs that a cycle of deflation might be coming during 2023.

I do not agree with this, they did not overadjusted the situation, they adjusted just right and it will go back to regular life like we had in 2019. Was it economically awesome? Were we all super wealthy and lived an amazing life?


How would we plebs know? We wouldn't until recession comes and demand goes down, and if I'm wrong then I'm wrong. But wait until the end of 2023. Cool

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Of course not, economy was always bad for people like me, I still failed to buy many things, but it wasn't as bad as the last 2 years, and it will get better eventually which I am sure that it will cause a lot of trouble for many people, but then it will get better in the long term as well when the time comes and right now it's that better time. We are going back to 2019 if you ask me, not a great life, but a better one.


I don't know what you mean when you post about "2019", BUT we have seen a massive overadjustment by Central Banks during 2020 when the COVID-19 Pandemic/Lockdowns happened all around the world. The Central Banks pumped so much money into the system which caused high inflation. They said it was transitory, but we knew it wasn't.
1642  Economy / Services / Re: [CFNP] Yo!Mix Bitcoin Mixer Signature Campaign| Reward up to $100/w | 2/2 escrow on: January 14, 2023, 05:10:00 AM
Signature and avatar updated. Thanks for accepting me.

Current post count (including this one): 8981
1643  Economy / Economics / Re: "Prepare for defation in 2023" on: January 13, 2023, 12:07:49 PM
I'm not an economist, but if deflation happens in 2023 that causes further recession, what would the Federal Reserve do? MAXIMUM ORDERS OF BRRR-MONEY PRINTING.

Prepare to experience a big surge for Bitcoin like it was 2015 - 2017 Cool

They can't print more money as this would increase inflation even further. The only real solution for the FED at the moment is to keep increasing interest rates and try to contain the inflation. Only once the inflation is brought down they can focus on economics growth again. A recession could happen in 2023 but doesn't seem so likely, because when all the prices are rising then so are wages and whole economic output is going to be inflated. Number will be higher but in real terms, the value is not going up. We will probably see a rise in Bitcoin prices again in 2023 but the rise is going to be moderate first in my opinion. People are still scared to invest large amounts of money. At least in my country most investors still hold large sums of cash in their portfolio, even though it's the worst type of asset to hold during high inflation periods. It will probably take until 2024 and the next halving to prices really rally again.


Please get the context of the topic. I'm NOT saying the cabal will do it RIGHT NOW, I'm merely saying that they're response from their overadjustment WILL BE another overadjustment. franky1 is right, there has always been inflation, and in the current cycle, it may have already peaked. But if anyone believes that the inflation numbers we saw last year would be the highest, then it's laughable. We'll probably experience something worse in ten years.

Furthermore, CPI print is lower month on month, and the rate of inflation is also declining year on year. That might be the first signs that a cycle of deflation might be coming during 2023.
1644  Economy / Reputation / Re: I've been hacked (Electrum 4.3.2) on: January 12, 2023, 11:33:38 AM
I also just posted the listing of my motorbike on

I understand that you wanna prove that you are doing everything you can to repay the money lost, but I don't think that this a smart thing to do, to doxx yourself over this. Imho, you should remove that link asap.

I'm an open book. I have nothing to hide. I understand the risks and possible consequeces of giving up your privacy for the sake of transparency. I think I mentioned it somewhere before that it is pretty hard to stay anonymous nowadays, you had to be a hermit living in cave with zero connections to do that (at least that's what I think). So it's fine, what are they gonna do? come here and steal the bike? Goodluck on that. We Mindanaoans are tough as nails.
Besides, that post still needs to be public so it reaches more people so I could sell it ASAP.


It's not about you, or if you have something to hide. It's about the fact that you were hacked just mere days ago, and there's still a high probability "someone", who might be scanning this forum, is watching/following your activity to see if he/she could find other security vulnerabilities.

Our anonymity as Bitcoin users is very important because it gives us more versatility. We have nothing to hide, true, BUT we don't want bad actors, and the government, knowing who we are, or what we do.
1645  Economy / Reputation / Re: I've been hacked (Electrum 4.3.2) on: January 12, 2023, 04:03:36 AM
Don't just say it, as one of the security measures, you truly need to learn Linux if you are involved in cryptocurrencies. It's not that hard. But if you really need to run Windows, you can run it as a VM within your Linux OS. It's much safer.

I would never use Windows + Chrome/Firefox for my exchange/banking/Bitcoin needs, it's just a security hole, and a hack/malware waiting to happen.

I think that kind of observation is a bit radical!

Regardless of the system used, security begins with user behavior. If the person has a bad behavior, he is subject to problems, regardless of the system he has. It is true that one or another system can make it difficult to have problems, but they are not infallible.

Safety is always related to the behavior that the person has!


But isn't choosing the best technical approach for securing your system also part of human behavior? In Bitcoin, we like to say "Be your own Bank", and that we should take absolute responsibility for our own private keys. Plus between overshooting or undershooting system security, it's definitely better to overshoot especially if you HODL a large amount of Bitcoin, OR if you're holding other people's Bitcoin like OP.
1646  Economy / Gambling / Re: Blackjack.fun | Live tables |SLOTS| Baccarat | InstantWithraw| v3.0 Launched! | on: January 11, 2023, 12:12:22 PM
Really happy about the development of the site. Some of you might don't know, but there's now a discord for blackjack.fun where we can gather our ideas and suggestions. We needed that since the community is growing fast.

New discord: https://discord.gg/xEe4asC6


Are the BlackJack.Fun admins going to remove the casino's chatbox and transfer everything in their Discord server? I thought the team was going to implement different channels/rooms for different topics in the public chatbox. That would have been better in my opinion, although harder to implement and it might open the site to more attack vectors/security flaws.
1647  Economy / Reputation / Re: I've been hacked (Electrum 4.3.2) on: January 11, 2023, 12:00:48 PM

Use a Linux system, but you will have to install the applications yourself from the package manager, and only use portable apps if you verified the release or trust the vendor.

The chances of stock malware breaking into an X Windows desktop on Linux is nil, because they're all written for Windows. You would have to be specifically targeted like Dashjr was in order to be at risk.

But whatever you do, do not install WINE with Electrum, or at the very least, disable or uninstall WINE, as it enables running Windows programs on Linux including malware. Not that many hackers are aware of that, but still.

Thanks for the tips. I'll make sure to remember this.


Don't just say it, as one of the security measures, you truly need to learn Linux if you are involved in cryptocurrencies. It's not that hard. But if you really need to run Windows, you can run it as a VM within your Linux OS. It's much safer.

I would never use Windows + Chrome/Firefox for my exchange/banking/Bitcoin needs, it's just a security hole, and a hack/malware waiting to happen. Plus you said you use Windows' Defender. I hope you don't watch porn in that PC.
1648  Economy / Services / Re: [OPEN] Yo!Mix Bitcoin Mixer Signature Campaign| Reward up to $100/w | 2/2 escrow on: January 11, 2023, 07:43:04 AM
Current number of post (Including this one): 8975
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1649  Bitcoin / Development & Technical Discussion / Re: Risk of jail for developers. Should you be anonymous? on: January 11, 2023, 05:34:42 AM
I was looking at Christine Lagarde's latest remarks on CBDC's and it seems pretty clear to me that the agenda of banning cash and then replacing the euro with the "digital euro" is now unstoppable, which will for sure make the Bitcoin price go up.


"Unstoppable"? Debatable, ser. I believe the latest feedback on CBDC use in the African regions and China were not very good. The people do not trust it. Perhaps unstoppable in implementation, because the government will try to force it on their citizens, BUT it's not unstoppable if everyone demands cash and harder forms of money like Bitcoin.

Quote

However, it basically means that if you are supporting BTC, you would be developing a tool that "enables money laundering, terrorism, etc" and challenges the CBDC monopoly.


Roll Eyes

That's their narrative. The developers are developing a tool for permissionlessness and censorship-resistance. The U.S. Dollar is also used for money laundering and terrorism, is that the Federal Reserve's fault?

Quote

How realistic is it that public figures would be facing charges in the future? As a developer, should you remain anonymous? At the end of the day satoshi knew he was going against the status quo and managed to stay safe, however, what about all these doxed developers? I can see how they'll look on github and try to hunt contributors. We are facing a scary future. It's better to say steps ahead and plan accordingly. Someone with resources probably could move jurisdictions before it's too late but what about the rest. And even if you could move you could see yourself in an Assange situation trapped in some embassy. I would like to know if developers here think about this at all and what is your escape route if shit hits the fan.


When the government pushes Bitcoin, and crypto in general further underground, I believe there would be no choice but for developers to become more anonymous. Does that make the situation safer for the government? Or more dangerous?
1650  Other / Archival / Re: WasabiWallet.io | Open-source, non-custodial Bitcoin Wallet for desktop on: January 10, 2023, 11:54:00 AM
Plus the fact that it can still be used without censorship in the Darknet Markets, or as a means of payment for Ransomware that cannot be stopped by a centralized authority proves that Satoshi's invention actually works!
True, although I wouldn't use that as arguments in bitcoin's favor. We want to get the general public to support bitcoin, and make them see that their government is taking away their freedoms little by little. Darknet markets and ransomware attacks, although good examples of what Bitcoin can do, aren't something a non-bitcoiner will find to be impressive features.

Plus, the government and media are just going to use that to their advantage to say how bad bitcoin is because it allows criminals and drug dealers to sell drugs and poison our children.   


Because they haven't understood what Bitcoin truly is yet, what its purpose, or why it was designed to be permissionless and censorship-resistant. It would be so laughable for us plebs to preach permissionlessness, and censorship-resistance, then also demand what Bitcoin should be used for or who should use it. What would be the purpose of POW, if Bitcoin is to only be used like PayPal?
1651  Other / Archival / Re: WasabiWallet.io | Open-source, non-custodial Bitcoin Wallet for desktop on: January 10, 2023, 11:23:14 AM
Like there are currently some African countries that have placed a ban on crypto activities yet underground there are high profile government officials and agents that are making use of it for intelligence-related transactions. How pitiful!

They can never ban bitcoin if it's used the way it was intended - as P2P cash. They can ban what it has become in the meantime. An asset that is controlled and traded through centralized exchanges and similar services. The Central Banks together with their regular bank buddies can ban the transfer of funds to/from anything related to crypto. But a permissionless coin doesn't need their permission to move from A to B. They can never take away my right to meet you somewhere and exchange what we want face to face.   


Good point, ser! Plus the fact that it can still be used without censorship in the Darknet Markets, or as a means of payment for Ransomware that cannot be stopped by a centralized authority proves that Satoshi's invention actually works! Because the time when Bitcoin has centralized enough that miners can censor onchain transactions, will be the time that we definitely could say that Bitcoin has failed.
1652  Economy / Trading Discussion / Re: Newbie - need your advice after first trades (image joined) thnk you in advance on: January 10, 2023, 07:59:39 AM
hi everyone,
hope you are all doing well

just landed on the forum as i was searching for some mates to exchanges and discuss as i started - finally - to trade

started from 26$ basis jsut to get to know more about the movement and so on

, ended up to 26.51 after 6-7 days of very low risk trading


wanted to know your thoughts about those trades of mine ,

advices and tips are very welcome

thank you in advance all

hope to evolve with you all

Cheers

[img https://ibb.co/Kw6gSGj]

OP, sooner or later your emotions will get the best of you and you start making bad mistakes after another. It's definitely better to just buy the DIP and HODL, while looking for more capital to add in your investments. I believe have the right market condition for it. Day-trading might work for you, but without its own "assortment" of risks. Because to be frank, how can we ordinary plebs out-trade those professional traders who are smarter/more exeprienced than us, and with their massive capital and army of trading bots.
1653  Economy / Speculation / Re: Who thinks DCG / Genesis / Grayscale / Barry are bad actors? on: January 10, 2023, 07:45:39 AM
I actually never knew that. All I remember from the Segwit days was that Bitmain CEO who refused to activate Segwit on his pool and it created a lot of drama and ETH almost flipped BTC on the market cap before he finally caved in. Never knew Barry was apart of it.

With Genesis I am pretty sure they will just go and claim bankruptcy. In their point of view they will benefit the most that way. They don’t care about their relationship with Gemini or Gemini Earn customers and won’t want to upset their board members. Only question is when they will claim bankruptcy.


It would have been very easy not to have come across the topic if you were not very active in the forum during that time. I admit, I too was just learning, and I actually thought Bitcoin Unlimited "might be a good upgrade" for Bitcoin.

But, after going through all of it, it was probably all just hand-waving, and trying to convince the community to join them in forking Bitcoin away from the rightful stewards of the Bitcoin network, the Core Developers. Gavin Andresen wanted his "block size increase" with Mike Hearn, Roger Ver had his own with Jihan Wu, and Barry Silbert organized the "New York Agreement". All of them had one thing in common = Core Developers excluded.

Quote

THE NEW YORK AGREEMENT

Meanwhile, the block size debate raged on. Another software client to increase Bitcoin’s block size limit per hard fork, Bitcoin Unlimited gained traction among Bitcoin’s mining community. Endorsed by Bitmain’s Wu in particular, the project appeared to be heading toward a potential (and controversial) hard fork.

This looming threat, and the possibility of a “split” in Bitcoin’s blockchain, was reason for DCG founder and CEO Barry Silbert to organize a meeting ahead of the Consensus 2017 conference in New York. Initially announced on a private email list for Bitcoin entrepreneurs and other prominent industry members, the meeting would bring together a significant chunk of the Bitcoin industry, including miners — though, notably, no Bitcoin Core contributors.

https://bitcoinmagazine.com/technical/the-long-road-to-segwit-how-bitcoins-biggest-protocol-upgrade-became-reality

1654  Economy / Services / Re: 🚧[PAUSED] [banned mixer] | Bitcoin Mixer | Signature Campaign ~ Up to $100/week on: January 09, 2023, 05:28:15 PM
Is this campaign paused? Just a typo?

It's not typo. Campaign manager said that his escrow wallet was "drained" after few hours after transferring money to escrow. He said he got scammed.
We believe he just stole our escrow funds. We'll hire new campaign manager and create new topic a bit later, for now you can remove your signatures.


julerz12 started a reputation thread here: https://bitcointalk.org/index.php?topic=5433643.0

He said he got hacked. I don't know him that well (or in fact at all) and if I was you I'd be pretty pissed off as well, but there's a big chance he's telling the truth. Looking at his activity, the damage in reputation could likely cost him more (long term) on the lost earnings than the $5k that got stolen.

The sad reality is, we'll never know the truth.


But the result is the same. Yomix and Coinomize lost their coins. It's going to remain hard for merchants and services to trust him/her as a campaign manager.
1655  Economy / Services / Re: 🚧[OPEN] [banned mixer] | Bitcoin Mixer | Signature Campaign ~ Up to $100/week on: January 09, 2023, 11:49:06 AM
Bitcointalk Username: Wind_FURY
SeqWit BTC Address: bc1qtt3pwkxzd7r842dxtghh2w6y04nzr36l2j64yc
1656  Economy / Economics / Re: "Prepare for defation in 2023" on: January 09, 2023, 08:20:39 AM
ok quick lesson

M1=coins and notes.. this is going down
M2=coins notes and demand deposits(debit/credit cards) this is small decrease due to M1
       (counting just debit credit cards(electronic payments see a rise)
M3=coins notes demand deposits and savings accounts, money market deposits this is increasing
       (counting just a savings accounts would see a larger rise compared to debit cards)
       (counting just money markets accounts would see an even larger rise compared to savings)

money supply is always increasing. just the form and where it is can become the mystery to some

so ill reveal the secret..
less coins and banknotes but more being put in the savings accounts and money markets

money printing still occurs, people still use credit cards, people still take mortgages there is still more money being created and the supply still increases.. all you proved is less people want to mess around with paper bank note forms of money


I'm merely talking about M2 because it's what's being used as a key economic indicator to forecast inflation. I'm talking about it in terms of their rules, franky1, not yours.

Plus I'm also talking about a cycle of deflation based Year on Year on M2.

as for the windfuryism that he thinks there will be an event of a 60x (2015:$333-2017:$20k) in 2023..


There you are again, trying to disinform and gaslight people into believing your lies. Have I said of 60x event in 2023? IN 2023? Haha. Newbies only need to look at your trust rating to know.

I said in 2023 there will be a period of deflation, which means there will be low demand and maybe NEAR ZERO interest inflation rate. How will the cabal behind the Federal Reserve react? I believe they will over-adjust like what they have done in the past, and do massive QE, which will bring Bitcoin surging like it did during 2015 - 2017, OR probably 2011 - 2013? Cool
1657  Economy / Services / Re: [OPEN] Betnomi.com | Signature Campaign | Up to 0.0025 BTC/W on: January 09, 2023, 04:43:00 AM
Username: Wind_FURY
BTC SegWit Address: bc1qtt3pwkxzd7r842dxtghh2w6y04nzr36l2j64yc
1658  Economy / Services / Re: [OPEN]Stake.com NEW SIGN CAMPAIGN l UP TO $160/WEEK l 15 HERO & LEG SPOTS OPEN on: January 07, 2023, 11:58:14 AM
Bitcointalk Username: Wind_FURY
Profile Link: https://bitcointalk.org/index.php?action=profile;u=844914
Post Count: 8966
Forum Rank: Legendary
Are you able to wear our Signature, Avatar & Personal Text? Yes, if accepted
Stake Username: urukhai12
1659  Economy / Economics / Re: "Prepare for defation in 2023" on: January 07, 2023, 11:22:00 AM
fiat will never deflate

recession does not mean deflation. recession is just calming down of excessive inflation
it just means reduced inflation

instead of 10% they want to still money print but at a 5% rate instead of 10% rate

going from 2% to 10 to 5 is not deflation, especially if they can then go 5 to 7 later.. where there will always be more creation

deflation is going from 50, 25, 12.5, always getting less and less than previous until there is no creation


Zoomed out to the maximum, it doesn't deflate, BUT there could be cycles of deflation possible, especially if the cabal behind the Federal Reserve over-adjusts with QT.

Percentage Change, Year on Year illustrates that the money supply is dropping. It's currently -0.70%. It's possible that inflation rate will drop quickly too, probably near ZERO PERCENT by June, 2023, and deflation by the end of the year.

Quote

I know it's debatable, it's also laughable to discuss "deflation" in the middle of an inflationary period, but I'm the stupid one. Cool
1660  Economy / Trading Discussion / Re: Is it true that this AI is good for trading? on: January 06, 2023, 11:52:28 AM

more profitable in trading IF you programmed the bot with a good trading strategy.

The problem with all bots is, no one could code all the strategy or a strategy for all market conditions. So, bots also will book losses. It means bots cannot be the final destination.


There's no strategy for all market conditions, but there's always a strategy for each market condition. The programmer's job is simply to identify the market condition, then use the right script.

Plus you're wrong in believing that no trader has successfuly ultilized bots for profit because there are many of them in the top 10% of the most profitable traders. Plebs like us can't compete against them, with their large capital, and their army of bots.
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