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Messages - Lucius

Pages: [1] 2 3 ... 35
1
News related to Crypto / Re: Trump Pledges to Free Silk Road Creator Ross Ulbricht If Re-Elected
« on: Today at 01:27:35 PM »
Quote from: ABCbits on Today at 12:01:27 PM
While i shared this news, personally i think such thing is unlikely to happen. But today i see so many news media which roughly state Trump found guilty on all 34 charges. So if he ended up jailed due to those charges, his promise no longer matter anyway.

Someone else would probably end up in prison, or in the best case, his political career would end - but here we are talking about a man who is a candidate for the presidency of the US with a great chance of winning. Those who are with him do not mind such verdict in the least, because the only truth they respect is the one that comes out of his mouth.

In the end, I can agree with him regarding the statement he made after leaving the court, and he says that the only real verdict will be the one on November 5, which means that nothing else is important for him and his supporters.

2
Bitcoin News & Updates / Re: hacker found password of bitcoin wallet (but is a trick)
« on: Today at 01:11:07 PM »
@babo, whoever wants to prevent unwanted situations simply has to think outside the box - because that's the only way to reduce all possible risks. Most people use paper as a backup, but it is no secret that paper is something that is not resistant to fire, water, chemicals, physical damage... although there are special types of paper that can have some improved properties.

That's why there are metal plates made of steel on which any important information can be engraved, and when stored in this way, we can save what is important to us. Of course, this is not the ultimate solution, because any backup is subject to theft or loss, and therefore it is necessary to have at least two backups in different locations if possible.

3
Bitcoin News & Updates / Re: hacker found password of bitcoin wallet (but is a trick)
« on: May 30, 2024, 03:31:32 PM »
I've already read the story and watched the video on BTT and it's nice to have a story with a happy ending for a change. I have to admit that the guys who worked on "hacking" are really masters of their work, because they were persistent and obviously very well motivated to investigate every possible attack vector on that software.

The lesson of the story would certainly be that you should never give up in case you find yourself in a similar situation - because even locked wallets have a chance to be unlocked in the future as technology advances.


4
Basic Questions about Cryptos / Re: Need advice for bitcoin wallet..
« on: May 30, 2024, 03:16:49 PM »
Quote from: NotATether on May 30, 2024, 12:59:02 PM
~snip~
Having said that, everyone should just stick with Bluewallet and Electrum. They are the easiest bitcoin wallets to use.

I would just like to point out that such wallets also have one negative side - and that is that they are targeted by those who make fake copies of them, which means that you should be especially careful when downloading them. I don't know about Bluewallet, but Electrum has the possibility of verifying the file before installation, and this should be practiced especially in those cases when such wallets will store some significant amounts.

5
News related to Crypto / Re: Trump Pledges to Free Silk Road Creator Ross Ulbricht If Re-Elected
« on: May 30, 2024, 03:03:42 PM »
Quote from: NotATether on May 30, 2024, 01:04:32 PM
Why on earth do you guys think he would pardon Ross Ulbricht now, when he had 4 years as president to do so, but never bothered to?
---
Trump is too cowardly to take any of the big, important actions. So it astounds me how he has so many fanboys on social media and off the grid rooting for him to come back to office. IMO you need a sound president who is not afraid of doing these things.

I don't think that this man really means what he says, so even though there are chances that he will fulfill his promise, it is also possible that it won't happen, and he will find an explanation why he couldn't do it.

I would not agree with the fact that Trump is in the category of dogs that bark and do not bite. He is one of those who barks very loudly, and knows how to bite - just remember how he directed his sympathizers to attack and occupy the Capitol, and that the blood of innocent people was spilled there. This is not something that anyone can do, and it should not be ruled out that something like this will not happen again if he is not elected president.

6
Cryptocurrency discussions / Re: Why BlackRock Was the BIGGEST MISTAKE for Bitcoin
« on: May 30, 2024, 02:44:56 PM »
Quote from: yhiaali3 on May 29, 2024, 09:58:13 PM
Since BlackRock entered the market, we know that it will have a major negative impact on Bitcoin and its main features, namely decentralization and privacy, in addition to the fact that investors no longer own real Bitcoin, but rather shares in a central company, while BlackRock is the one who owns real Bitcoin.

BR doesn't actually own anything, because they also buy BTC and keep it in a custodial wallet, so actually all the purchased BTC goes from one wallet to another, and actually stays at the same CEX that does the work for them. Regardless of who owns what, I don't think it has such a negative impact on those who keep their BTC in non-custodial wallets.

Quote from: yhiaali3 on May 29, 2024, 09:58:13 PM
This is a fact that everyone knows, and we have talked about it in more than one topic, but isn’t this exactly what governments want? Also, what can the Bitcoin community and lovers of decentralization and privacy do? They cannot actually prevent large companies from entering the market even if they know full well that it is centralized and subject to governments.

The government just wants Bitcoin not to be what it was intended to be (currency), but as far as trading is concerned, it has never bothered them too much if it is centralized and all clients are KYC. If, for example, the US wanted to harm Bitcoin, then they would declare it illegal and ban CEXs. Then there would be a chain reaction all over the world, which would set the price of BTC back at least ten years in the best case scenario.

7
Cryptocurrency Price Speculations / Re: BITCOIN HALVING PRICE HISTORY FIRST TO LAST.
« on: May 30, 2024, 02:30:35 PM »
Quote from: babo on May 29, 2024, 06:21:04 PM
well look, I honestly don't understand anything
I only know that I once enjoyed following, now working full time and with a few small jobs I no longer have time to assiduously follow the market
shame it was very funny I must say

do you follow him assiduously? you trade or just like me, you observe

Everyone has some priorities in life, there is nothing strange if at some point you can no longer devote as much time to something as before. However, I don't see that there is anything special to understand about all of this, the market mainly functions according to the principle of supply and demand, which can be affected by good or bad news.

I can say that I am mostly informed about what is happening, but I am not a professional who trades or has a business related to cryptocurrencies.

8
News related to Crypto / Re: Venezuela bans crypto mining to protect power grid
« on: May 29, 2024, 05:00:42 PM »
Quote from: Stompix on May 29, 2024, 03:48:53 PM
Yup, because not only do they have huge oil reserves but they also have a lot of socialism.
And how history has shown us a hundred times already you can have everything in this world, no matter how wealthy you are socialism will ruin you.
~snip~

I was in that story, so I know, but even if socialism "died" a long time ago, it seems to me that some politicians and their children who were brought up in that spirit still like to practice it - of course I'm referring to some EU countries. If you live in a country that could be heaven on earth, has enough resources to feed at least 20 million people, and is not self-sufficient in anything, then you wonder if they just lied to us that socialism no longer exists?

9
Gambling & Crypto Casinos / Re: I will quite gambling... Easy said than done
« on: May 29, 2024, 04:46:47 PM »
Gambling should be fun and in such a way that you spend money to the extent that it does not present a problem in your everyday life. Anything more than that is a problem that should not be ignored because it will only get bigger.

Regarding decisions in life, I would say that there are people who have a strong will and attitude, and when they say something, they do it - unlike those others who talk a lot and promise, but in the end everything remains just an empty story. It's not just about gambling, quitting smoking or drinking alcohol is also a big challenge, but it's not something that's unachievable.

10
Bitcoin Forum / Re: Roger Ver has been arrested
« on: May 29, 2024, 04:28:01 PM »
Quote from: Stompix on May 29, 2024, 02:34:20 PM
~snip~
Laws in the US about disclosing info during an inquiry are a mess, I'm 101% sure theymos won't say a word!

As he has never before publicly explained any case concerning any court requests for data of members of BTT. What we know is that this has happened several times in history in various cases of scams - possibly even with BTT accounts of people who were associated with one of the most famous mixers that was taken down not so long ago.

When you are a US citizen who is an admin of a forum, and your name is publicly available, then you don't have much choice when a request is put before you.

11
Cryptocurrency Price Speculations / Re: BITCOIN HALVING PRICE HISTORY FIRST TO LAST.
« on: May 29, 2024, 04:04:24 PM »
Quote from: babo on May 28, 2024, 02:27:22 PM
yes true, I also imagine a situation completely similar to what you are saying right now
many will want to ride the positive green wave of bitcoin, and we know this has absolutely happened in the past
but what could happen if in this already ready scheme, someone took advantage of it heavily?
In your opinion, could it alter the same four-year economic cycle?

In a way, this is already happening because some obviously want to convince the market that the big bull run has already happened in an effort to try to keep the price as low as possible because they want to accumulate as much as possible. This may even affect some potential investors who are "convinced" that the halving has passed and nothing has happened - but this does not negate the fact that most retail investors are still short-term investors who are mainly motivated by FOMO.

If we look strictly in relation to the price and ATH, then the four-year cycle has already changed.

12
Cryptocurrency discussions / Re: Why BlackRock Was the BIGGEST MISTAKE for Bitcoin
« on: May 29, 2024, 03:49:40 PM »
I've never heard of this "influencer" and I don't think I missed anything - and frankly, I don't care what she thinks when she comes out with her "apocalyptic" statements that obviously earn her a lot of money. If you ask me, she is another in a line of those who are trying to be smart and predict the destruction of Bitcoin. The last time I checked, Bitcoin was declared dead more than 400 times, and regardless of spot ETFs and big powerful companies that want their share of the pie, I have no doubt that Bitcoin will survive and outlive them all.

13
Cryptocurrency discussions / Re: Do not use Windows to store your crypto.
« on: May 29, 2024, 03:24:16 PM »
Quote from: yhiaali3 on May 28, 2024, 04:48:45 AM
Yes, I remember your advice, thank you.

But I would like to add here that for an unlicensed Windows system with a watermark, the problem is not only the presence of the watermark, but the main problem is that Windows updates have stopped, especially the Windows Defender update, which will make your device vulnerable to major security risks due to the update stopping.

Therefore, it is better to obtain a license or replace Windows with Linux.

The conclusion would be that in any case, at all costs, we should avoid pirated versions of the OS, but also cracked software - there simply cannot be any compromise if we are people who have anything to do with cryptocurrencies. As a Windows user, I'm not too worried about all the threats that are already known, but I'm much more worried about the possibility that some new dangerous threats will appear that will take advantage of some vulnerability in Windows and do us a lot of damage.

In the near future I plan to buy a new computer, and then I will certainly go in the direction of giving Linux a chance.

14
News related to Crypto / Re: Trump Pledges to Free Silk Road Creator Ross Ulbricht If Re-Elected
« on: May 29, 2024, 03:10:23 PM »
Quote from: Zed0X on May 28, 2024, 03:37:54 AM
Quote from: Lucius on May 27, 2024, 05:03:46 PM
If he wants to win over everyone who invests in crypto, I advise him only one thing - let him put the tax on crypto at 1% and everyone will vote for him ;D
He'll probably have more problems in the long term but good suggestion for election campaign ;D

If we're going to be honest, he already has so many problems in his life that one more wouldn't bother him too much - if he could win over a certain number of voters to his side in that way, he might do it, but apparently his advisors haven't thought of that yet :)


Quote from: Stompix on May 28, 2024, 02:05:09 PM
~snip~
But if anyone had doubts about why he is doing this:
Quote
“MAGA supporters, now with a new cryptocurrency option, will build a crypto army moving the campaign to victory on November 5th!” the campaign said.
If you ever want to feel like how garbage feels when it's trash day then vote for this guy and his promises.

He does everything to win and there is no doubt about it - just regardless of who wins those elections, I believe that the US will not have a president to be proud of. Obviously, it has already become a tradition for people with whom something is wrong (in every sense of the word) to be appointed to that position.

15
News related to Crypto / Re: Trump Pledges to Free Silk Road Creator Ross Ulbricht If Re-Elected
« on: May 27, 2024, 05:03:46 PM »
What will that man not say in order to win - will he perhaps pardon Bankman as well?

Honestly, as far as Ross is concerned, he was definitely sentenced to a sentence that is not appropriate (at least for me personally) for what he did. However, I think that Trump is already exaggerating a bit with all these crypto things, especially if we know what he thought about it before - and I personally don't think that he is turning into the new Saylor or something similar.

If he wants to win over everyone who invests in crypto, I advise him only one thing - let him put the tax on crypto at 1% and everyone will vote for him ;D

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