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1601  Other / Meta / Re: what should a newbie do 1st on this forum? on: February 28, 2023, 10:25:44 AM
To be honest, mostly nothing. You can simply immediately start just talking about stuff you're interested in concerning bitcoin/crypto/investing/economics. No need to make Bitcointalk so formal that there should be a chronological order on what to do.

And yea sure don't plagiarize and yadda yadda and all those rules, but most of the rules should be common knowledge by now for any other platform.
1602  Bitcoin / Bitcoin Discussion / Re: Are you running your BTC wallet on Linux? Why? on: February 28, 2023, 10:09:04 AM
Usually the reasons why things break on Linux suddenly are:

1. Your drivers are the ones breaking (very susceptible culprit)
2. You're not using an LTS distro - particularly true if you're running Arch or Gentoo.
3. Not trying to blame the user here, but maybe you compiled something from source but did not follow the instructions correctly so the program you just compiled is not running as you expected.

It's most definitely the first one. My laptop back then was quite a new model (I assume this was the reason) hence why I had to do a good chunk of modifications for the drivers to work. Either the fact that software support for my hardware specs wasn't that good back then, or that I messed something up in the process of trying to make it work.
1603  Other / Beginners & Help / Re: Bitcoin Confirmations... Why they keep coming? on: February 28, 2023, 09:46:18 AM
The 6 confirmations thingy (on some platforms 2 or 3 is enough) is just an industry standard on where you could say with very high certainty that the transaction has enough confirmations. But the more confirmations, the better.
1604  Economy / Exchanges / Re: Is the Binance the next to bite the dust or FUD? on: February 28, 2023, 04:18:09 AM
The next stage might be during the trial of Sam later this year where some witnesses will be put on the stand to speak about what CZ did on FTT without giving the whole information on why CZ liquidated their position on FTT.

Is CZ/Binance even required to disclose why they liquidated their FTT position? They're investors in the FTT token, and they have every right to sell it as long as it's already vested (which it already was) without the need to disclose the reason as Binance is a private company anyway.
1605  Bitcoin / Bitcoin Discussion / Re: What is a good wallet I can use to store Bitcoin? on: February 28, 2023, 04:07:54 AM
Grab a hardware wallet; preferably a Ledger or Trezor. Definitely don't cheap out on security.

- https://bitcointalk.org/index.php?topic=1631151.0
- https://cryptosec.info/wallets


Do you mean the drug?
I actually thought OP was referring to liquid-staking derivatives until I saw his username.
1606  Bitcoin / Bitcoin Discussion / Re: Are you running your BTC wallet on Linux? Why? on: February 28, 2023, 03:54:26 AM
My experience is the opposite. Once I have my new Linux distro set up and running as I like it, it tends to continue to run smoothly with little to no issues. My limited experience with Windows is that it will often automatically apply updates or new software packages you didn't ask for, reboot when you didn't want it to, then run in to some problem installing the new packages, have to roll it back, reboot a few more times, and throw a few errors in the process.
I guess it's just the fact that you're probably far more technically-literate than I am hence things break a lot less on your side.

But yea, I'm never freakin touching Windows again after how many times it decided to force update on me.


I believe those who've tried Steam Deck or Proton (combination of pre-configured Wine and many other tools to run windows app) which created by Valve would disagree with you.
Yea Steam games mostly works fine. I used to play a lot of Valorant though, and afaik EpicGames still doesn't support Linux.
1607  Bitcoin / Bitcoin Discussion / Re: Are you running your BTC wallet on Linux? Why? on: February 27, 2023, 09:43:50 AM
What linux distro are you talking about exactly?

Yes, it's easy to break and some distros take some troubleshooting before you get it stable...but saying that things "can randomly break out of nowhere" on Linux is quite abstract and a bit misleading. Every distro is different, generally, things don't just "break randomly" as a common theme on every single different linux distribution.


Personally I've used Ubuntu, Mint, and Pop!_OS. And yea, obviously there's a reason why things break, but the typical user would definitely have a hard time fixing stuff.

I personally enjoy tinkering and customizing Linux systems (can't say much about fixing stuff), but gahddamn does it require a good amount of time and effort.
1608  Bitcoin / Bitcoin Discussion / Re: Are you running your BTC wallet on Linux? Why? on: February 27, 2023, 09:13:30 AM
A good Linux distro is better than Windows for pretty much everything, not just running bitcoin.

Almost anything. I'm personally a huge fan of Linux as well, but I hate the fact that things can randomly break out of nowhere. Maybe it's just me not being able to configure everything correctly, but yea. Stability is an issue imo; at least for the not-super-technically-literate person.

Also, gaming sucks on Linux. (Though it's getting better).
1609  Bitcoin / Bitcoin Discussion / Re: What's your reason for accepting bitcoin as a payment? on: February 27, 2023, 08:58:33 AM
I mean, that's pretty much it? The reason to accept a specific currency in general is so people that wanted to use it could pay using it. There doesn't need to be another purpose.
1610  Economy / Service Discussion / Re: Is there any NON-KYC method to buy stocks using bitcoin? on: February 27, 2023, 07:55:48 AM
I would recommend checking out Gains.Trade. They are a decentralized service that allows you to use crypto to simulate the trading of stocks. Simulate meaning your orders and purchases are not technically real. When you buy a stock, you don't really own it like you do when you buy from the stock exchange (but who is to say that you even own it when you use the stock exchange). It's more like you are betting when you long/short something using their service. The reason for this as far as I have read, is so that there is less liability for the developers.

Despite this, it seems like it has been built quite well and it does serve the purpose you are looking for. I found a lot of useful information on their reddit if you want to learn more about it quickly.

It does work really well based on my experience; but of course, DEX protocols can break or get exploited from time to time. I only trade with like $500 at maximum(amount will vary depending on how much you can afford to lose) so I wouldn't get fucked up if something bad happens.
1611  Local / Pilipinas / Re: Bitcoin Shirt available in SM North EDSA on: February 26, 2023, 06:55:15 PM
Wala naman sigurong masama mangyayari sayo since parang statement shirt lang din yan. Maliban nalang siguro kung nakalagay dyan ay I am bitcoin owner na word siguro dun mapapaisip ang mga criminal na biktimahin ka.

Kung may crypto-related tshirt ka — chances are, meron kang crypto. Hindi naman siguro kailangan pang diretsong sabihin na may bitcoin ka para maging interesado sayo ung mga kidnapper/holdaper.
1612  Bitcoin / Bitcoin Discussion / Re: There is no way to know unless I ask on: February 26, 2023, 06:32:42 PM
Not sure if there's a platform that offers that service, but it's probably possible. I definitely wouldn't vouch for such a platform though, because chances are — you'd need to hand over custody of your funds for this kind of service to work. Obviously handing over custody is a huge no-no.
1613  Local / Pilipinas / Re: Bitcoin Shirt available in SM North EDSA on: February 26, 2023, 08:45:35 AM
Cute ung mga spoof-style designs, pero watch out lang. Alanganing may mangyaring masama pero better safe than sorry!

https://cryptosec.info/wrench-attack/
1614  Bitcoin / Bitcoin Discussion / Re: 13 years ago Theymos sold 160btc at $0.003 per 1, lowest price ever recorded on: February 25, 2023, 05:11:44 AM
It's funny when many people say that if they had known about bitcoin earlier, they would have invested and kept it till now.

Yea — we all know a huge percentage of those people will immediately sell once a drop or some FUD occurs lol. Even I myself wouldn't probably be convinced about Bitcoin's future potential without all those content from the likes of Andreas Antonopoulos to convince me.
1615  Economy / Service Discussion / Re: Is there any NON-KYC method to buy stocks using bitcoin? on: February 25, 2023, 04:20:11 AM
If you want to buy 'real' stocks, then no — the stock market is highly regulated and there's no chance you're getting a hold of them without AML/KYC.

On the other hand, you can trade synthetic stocks through DeFi platforms like Gains.trade, etc. Proceed with caution though, beware of scams, exploits, etc etc.
1616  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: How is DeFI exactly Decentralized ? on: February 25, 2023, 04:07:17 AM
Your funds are deposited to a smart contract that will manage your funds, not necessarily a centralized custodian that would hold your funds. Think of it as a wallet that's controlled by code. These "DEXs" can't necessarily go bankrupt, but the risks are with concerning exploits and stuff.

^Also, not all DEXs have this model. Some DEXs need to get a hold of your funds because it needs to if you're trading futures/etc. On the other hand, with spot market trading like Uniswap, you don't necessarily need to deposit.

But yea, the "decentralized" definition in contrast to DEXs is a slippery slope — it's going to depend on how you look at it. A far more better description is "non-custodial".
1617  Other / Beginners & Help / Re: Awareness and Redemption on: February 25, 2023, 03:55:24 AM
I'm hoping I still have time to start over and prove myself in this place. I need guidance

You don't need to prove yourself to anyone here — we're freakin internet anons. Save yourself all the hassle and just move on to something more productive and that'll more likely yield you results.
1618  Economy / Trading Discussion / Re: From this you can be accurate 85% of the time on: February 24, 2023, 03:10:45 PM
No offense mate, but if you can manage to be right 85% of the time on a long-term time frame, then you should be a billionaire by now. It might've worked in a short-term time frame, but don't immediately get too cocky that it will work well in a long-term time frame.
1619  Other / Beginners & Help / Re: How can someone become Grace in life by investing in Bitcoin and crypto on: February 24, 2023, 03:00:04 PM
Looks like you have A LOT to learn. Don't even go straight to trading/investing, as you'll likely end up losing money if you don't even know what you're buying/investing in.


* If you like reading articles: https://coindesk.com/learn
* If you like reading books: https://theinternetofmoney.info/
* If you like watching videos: https://www.youtube.com/playlist?list=PLPQwGV1aLnTuN6kdNWlElfr2tzigB9Nnj

Security related:
* https://cryptosec.info
* https://www.lopp.net/bitcoin-information/security.html

If you want to get more technical
* https://github.com/bitcoinbook/bitcoinbook#chapters
* https://github.com/ethereumbook/ethereumbook#chapters
1620  Bitcoin / Bitcoin Discussion / Re: This week, I acquired my first Bitcoin, which is a milestone for me. on: February 24, 2023, 09:23:11 AM
Congrats. Just make sure you're holding your precious bitcoin using a reputable hardware wallet; preferably, a Ledger or Trezor hardware wallet.


* https://cryptosec.info
* https://www.lopp.net/bitcoin-information/security.html
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