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Messages - Lucius

Pages: [1] 2 3 ... 31
1
Cryptocurrency discussions / Re: Would you buy TRUMP?
« on: Today at 04:54:19 PM »
Honestly, even if I knew that that coin would increase its price several times in the coming months, I would not have decided on such an investment. Regardless of the possible profit, I have always tried not to support anything that I disagree with and that I do not believe in.

I don't like Trump as a person, and everything he did in the past while he was president (and before that) speaks volumes about the kind of man he is. I'm not from the US and it doesn't matter to me whether the Democrat or Republican candidate wins, but I wouldn't support any project that this man is behind.

2
Forum related / Re: we yet to see a casino starts advertising on altcoinstalk!
« on: Today at 04:15:13 PM »
Quote from: Findingnemo on Today at 04:07:31 PM
Apart from keeping the board/forum active casino played a huge role in bringing crypto to many users which is an undeniable fact. Because it is one of the sector where people actually use crypto as payment which is what supposed to be the whole concept of cryptocurrency, right?

You're right there, if we look at everything else, it's still mostly about investments - online gambling is perhaps the one that "used" cryptocurrencies the most, so to speak. Perhaps this is one of the reasons why coins from online casinos are mostly classified in practically the same category as mixers. Bitcoin as an investment today is almost no problem in most democratic countries, but as a currency it has big problems.

3
Cryptocurrency Price Speculations / Re: Why is Ethereum price action still influenced by BTC even after decoupling?
« on: Today at 01:11:53 PM »
Some people are constantly speculating that one day ETH will surpass BTC in some way, and they probably mean that it will be worth more than BTC. Personally, this is quite unrealistic considering that ETH has about six times more coins in circulation than BTC, and that, as far as I know, it still does not have a clearly defined max supply. The thing that pushed ETH even more to the side is the transition to POS, which in my opinion makes it less attractive than before.

Furthermore, ETH's absolute ATH was in 2021 and was $4891, and if we take into account that BTC then and today is approximately at the same value in relation to USD, then we see that it is a difference of almost $2000 in a negative sense.

The price of ETH is therefore a reflection of the market's confidence in it, and everything else is less important.

4
News related to Crypto / Re: Two arrested for laundering $73 million in 'pig butchering' scheme
« on: Today at 12:52:24 PM »
As for the term itself, I know it personally because it was mentioned on BTT, although it sounded quite cruel to me then (and now) because it implies something that is by its nature very cruel and bloody, while this is actually a simple fraud.

As for the specific case, the whole thing just shows that scammers know how to use various methods with which they can get really large amounts of money, but it also shows that they don't understand that such things should not be done in the US and that they also use stablecoins, which are completely centralized and it can be frozen regardless of which wallet it is in.

I hope that the victims have learned something, and that at least some of them will get their money back, although it is usually a very long process.

5
Announcements [ANN] / Re: 🐸FrogMixer.io - Premium Bitcoin Mixer | 0 - 25% AML
« on: Today at 12:38:40 PM »
Quote from: NotATether on Today at 10:06:42 AM
Don't bother creating an ANN thread if you're just going to silently close shop within a week.

People often think they know what they are getting into, but in a very short time they realize that it is simply not something that can work. We can only guess what happened, but creating an ANN is something that has logic when you start work, no matter how it ends.

Quote from: NotATether on Today at 10:06:42 AM
13 years ago? I don't understand what you're trying to say. The concept of modern mixers did not exist in 2011.

It occurred to me that this refers to the OP's last activity, but the profile shows that it was May 13 - so @hugeblack confused things a bit, probably thinking about that information.

6
Bitcoin Mining / Re: passive bitcoin mining browser. earn in the background while you accrue bitcoin
« on: May 18, 2024, 05:00:42 PM »
Quote from: ABCbits on May 03, 2024, 11:29:20 AM
Even without checking the video, it's obvious you're lying. You need regular computer or smartphone to run internet browser, which means that website use either CPU or GPU to perform mining. Pratically, you cannot mine Bitcoin using either CPU or GPU. So that means CryptoTab is either a scam or actually mine altcoin.

Once upon a time, it was really something that was promoted a lot and believed in by many - but as you say, there is no BTC mining with personal computers, so it is questionable what that program actually does in the background while someone is surfing. What is certain is that what is happening certainly does not have a positive effect on the condition of one's computer in terms of the load on the working memory and the increase in the temperature of the device.

It is enough to read what their users think -> https://www.trustpilot.com/review/cryptobrowser.site

7
Forum related / Re: we yet to see a casino starts advertising on altcoinstalk!
« on: May 18, 2024, 04:44:33 PM »
Quote from: examplens on May 18, 2024, 02:44:03 PM
~snip~
Although honestly, is it necessary to turn another crypto forum into a gambling forum?

BTT has a very large gambling community, but I would not say that it is a gambling forum, regardless of the fact that that part of the forum is quite active. The fact is that at least a few gambling campaigns on this forum would mean a lot in the sense that it would increase the activity which, realistically speaking, had already started to decline when the number of sig campaigns was reduced.

8
Announcements [ANN] / Re: 🛡️ MixTum.io - Premium Bitcoin Mixer | Launched in 2018
« on: May 18, 2024, 04:29:17 PM »
Maybe I forgot (or didn't notice before), but it seems to me that MixTum added a new mix mode called Precise Payment. As far as I can see, it is about the possibility to pay someone directly from the mixer - what do you think about this option?

Quote
Precise Payment Mode
Make accurate Bitcoin payments anonymously and without hassle
Please enter below: the amount, the destination address to transfer this amount to, and the change address for any funds left over after anonymization

9
Bitcoin News & Updates / Re: Oklahoma Passes Landmark Bill Protecting Bitcoin Rights
« on: May 18, 2024, 04:15:01 PM »
At first glance, this seems to be positive news, although I wonder if the authorities of any US state can make such decisions without fear that the federal authorities will try to challenge them in some way? Theoretically, it could happen that every federal state in the US has its own laws when it comes to cryptocurrencies, such as the case with the legalization of marijuana, which is completely legal in some states and strictly prohibited in others.

It is also somewhat paradoxical that the state passes a law enabling something that functions without legal approval from the very beginning.

10
News related to Crypto / Re: Historian Yuval Noah Harari Expresses Skepticism About Bitcoin, Calls It 'A Curr
« on: May 17, 2024, 03:51:28 PM »
I have never heard of that man and I wonder if he is perhaps only known in his own country? Although I think that everyone is entitled to their own opinion, I still agree that people should not talk about something they do not fully understand.

Perhaps his statement about BTC is motivated by what has been happening in Gaza in recent months, and we have seen that there are some theories that the people against whom they are waging war were allegedly partially financed through cryptocurrencies.

11
Basic Questions about Cryptos / Re: Antonopoulos- we should separate money from the state
« on: May 17, 2024, 03:34:54 PM »
Quote from: bitmover on May 16, 2024, 04:56:14 PM
I don't think this volatility will last forever. It is already smaller than 5 years ago.
~snip~

As long as BTC is treated (by most) as a speculative asset, I don't expect that there will be any major changes. People buy BTC in order to profit from the change in price, and at the same time they expect this change to be as large as possible.

At the end of 2022, we had a price of 1 BTC of just over $15 000, today it ranges from $56 000 to $72 000 - looking at history, the volatility remained, only the numbers changed.

12
Cryptocurrency Price Speculations / Re: BITCOIN HALVING PRICE HISTORY FIRST TO LAST.
« on: May 17, 2024, 03:21:58 PM »
Quote from: babo on May 16, 2024, 05:13:23 PM
Yes I understand what you mean Lucius
yes the trend has reversed but we always talk about the fact that we are under halving, the effects of the same are historically not seen before 200 days from the halving
so it doesn't worry me at all
for me bitcoin grow, long

Maybe this time the halving will show its effect in 100 days or we will feel it only in 250 days - which is actually not so important if we look at the overall picture. The fact is that there is quite a lot of interest in Bitcoin from very powerful and rich companies, but which are not as influential for most investors as Google, Amazon or Apple would be if the news appeared that they had invested in BTC.

I am sure that many (who otherwise wouldn't) will try to profit from Bitcoin this year and next, and that only means that the law of supply and demand will have a positive effect on the price.

13
Bitcoin Forum / Re: The anti-mixer arm of Congress
« on: May 16, 2024, 05:03:41 PM »
Quote from: examplens on May 15, 2024, 09:00:55 PM
~snip~
btw. Didn't Trump provide crypto addresses for donations to his campaign?
https://www.theblock.co/post/293384/donald-trump-crypto-campaign-donation

As it seems from the article, it is only about NTF that T sells at his donor gatherings, but no coin is mentioned anywhere. I think he will be very careful here, because no matter how attractive the donations are, when it comes to cryptocurrencies you can always have problems with someone sending you something that is considered "dirty coins". A man like him has many enemies who would gladly harm him in any way.

That's why I think he will stick to those good old sayings - America first, the dollar above all else.

14
Cryptocurrency Price Speculations / Re: BITCOIN HALVING PRICE HISTORY FIRST TO LAST.
« on: May 16, 2024, 04:51:25 PM »
Quote from: babo on May 16, 2024, 02:19:19 PM
I think so too, but since we don't have data it becomes difficult to predict something like this (very difficult to be honest)
we can already make weak speculations based on previous halvings
if we face a new fact it becomes even more complex to speculate, given that we have no data or history about it

Data is one thing, but facts are something completely different. The facts show that there is considerable interest in investing in BTC through spot ETFs, and that some very large US companies have invested significant funds. I have no doubt that such investments will continue, and that the halving will still have its effect as before.

In the past 3 days, spot ETFs have finally reversed the trend outflows and bought about 7000 BTC, which seems to have been immediately reflected in the price. And news like this is not to be underestimated either -> https://twitter.com/BitwiseInvest/status/1790830802911048112

15
Basic Questions about Cryptos / Re: Antonopoulos- we should separate money from the state
« on: May 16, 2024, 04:32:49 PM »
Quote from: bitmover on May 15, 2024, 07:06:38 PM
Quote
No matter that the idea seems interesting, I wonder who would control the finances in that case - because if there is no central bank and other regulatory institutions, what would the financial system of a country look like?

Bitcoin.

There are some countries which uses usd directly. Panama, Ecuador..  so, it can workout without a central printing.

Well, if we were to remove central banks from the equation, what about the volatility of Bitcoin? A man gets paid in BTC today, and within a few hours the price of BTC drops by 10% or lower - not to mention that on-chain transactions are not instant and can sometimes be quite expensive.

Bitcoin unfortunately has a lot of disadvantages if you want to use it as a currency in the sense that it is used by a lot of people every day. Of course, LN is one of the possible solutions, but there is still volatility and dependence on on-chain transactions.

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