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Messages - Lucius

Pages: [1] 2 3 ... 30
1
Gambling & Crypto Casinos / Re: STAY AWAY FROM 1XBIT
« on: Today at 04:34:20 PM »
I didn't expect to hear about these scammers on this forum, because I thought that after all the negativity I've read about them over the years, they won't exist anymore or will be some marginal casino that few will consider legitimate. It is incredible that if you have enough money and obviously successful tactics, you can survive online for years without being in a situation where someone brings you to justice.

Maybe I'm mistaken, but do they operate in a country that is beyond the reach of most of those who would be happy to catch and prosecute them?

2
Cryptocurrency discussions / Re: besides trading, what other crypto practices do you indulge in?
« on: Today at 04:23:44 PM »
Warning!

Users @AvatarSiri and @Macjaja24 apparently came to this forum to shill certain service - the same thing happens on BTT. Do not enter into discussions with them, because their intentions are more than clear.

Post history ->

https://www.altcoinstalks.com/index.php?action=profile;area=showposts;u=98338
https://www.altcoinstalks.com/index.php?action=profile;area=showposts;u=96185

3
Basic Questions about Cryptos / Re: Antonopoulos- we should separate money from the state
« on: Today at 04:14:38 PM »
Quote from: bitmover on May 13, 2024, 05:05:56 PM
In the part about censorship resistance, he drops this gem:

Quote
Maybe in a few years, we will come to the conclusion that we should separate money from the state for the same reason we separated the church from the state

I don't know how it is in other countries, but here in the EU, many countries have contracts with the Vatican that guarantee that the states pay the church every year sums of money that are not insignificant. I think that the Catholic Church in my country receives somewhere around EUR 40 million from the state budget every year.

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 as a currency functions as an alternative to the existing system, but with its volatility and sudden fee increases, people simply have a hard time accepting it that way.

4
Cryptocurrency Price Speculations / Re: BITCOIN HALVING PRICE HISTORY FIRST TO LAST.
« on: Today at 03:52:31 PM »
Quote from: babo on Today at 10:45:59 AM
yes ok but what does this mean?
If we have already reached one of the ATHs, will the ETF factor lead to Bitcoin having an ATH on steroids? This is very interesting if you think about it, we don't know if ETF will have a multiplier effect, it's a new factor
he certainly had it in the halving phase

I had the opinion that ETFs + halving would be a perfect storm and it is possible that this will happen in the future, despite the fact that at the moment it seems that investors in BTC through ETFs have decided to take a break. We can speculate that this is because the investors simply misunderstood what halving is and when the price did not rise immediately, they decided to sell.

I think that the US market still speculates a lot about when interest rates will fall, and there are strong indications that it will happen soon, which means that money will somehow become cheaper, which could mean more investments.

5
Bitcoin Forum / Re: The anti-mixer arm of Congress
« on: Today at 03:40:44 PM »
Quote from: NotATether on Today at 11:07:50 AM
Well, USDT doesn't have any sort of privacy at all and is not a coin I will be shedding any tears over if it gets banned. DAI is the better usd-pegged stablecoin with no asset freezing feature.

That's true, but it's no secret why stablecoins are so popular - because they can be transferred very easily and cheaply, and many people use USDT in the EU for this very reason. I don't think it's a coincidence that mixers and stablecoins are banned at practically the same time when something similar is happening in the US.

6
Bitcoin Forum / Re: The anti-mixer arm of Congress
« on: May 14, 2024, 07:01:57 PM »
Quote from: bitmover on May 13, 2024, 03:25:03 PM
I think that mixers aren't the problem, but the criminals who use them (with are just a small part of their users).
Sadly, privacy is becoming harder and harder to achieve just because this anti money laundry war doesn't care about citizens rights for privacy.

According to everything we could read from the publications of the most famous US whistleblower, three letters agencies have been dealing with BTC since at least 2013 by developing tools that can track users and their transactions and identify them. I don't know when the first mixer appeared, but it is obvious that such a tool bothers them a lot, especially since they constructed stories about how countries like Iran or North Korea circumvent sanctions by using BTC and mixers.

I read that the EU will ban mixers and USDT soon, so all those who continue to use them would be treated as criminals? Let's be honest, "they" actually consider us criminals in a way, because it's not a problem to invest in BTC through full KYC CEXs, it's a problem to be your own bank and that bothers them the most.

7
Technical Discussion / Re: Spamming with worthless tokens, what's the point?
« on: May 14, 2024, 06:36:53 PM »
Quote from: bitmover on April 29, 2024, 05:46:25 PM
I have received some tokens which have URL as their names, something like xxxairdrop.io or whatever.
So , those tokens can also be phising to infect your computer and steal your coins.

I have nothing to do with tokens, but if someone had told me that a phishing attack could be attempted in this way, I would probably have thought that it couldn't be true. However, scammers are obviously becoming more and more inventive in their intention to get hold of anything of value.

8
Basic Questions about Cryptos / Re: Let's enjoy what this forum offers.
« on: May 14, 2024, 06:24:06 PM »
Forums have always been places for discussion and exchange of ideas, and signature campaigns and bounty campaigns are something that can only motivate people to be even more active than they would otherwise be. I personally don't see anything wrong with it if someone's profit is an additional motivation, especially if because of that motivation he doesn't become an ordinary spammer who just appears on the forum and fulfills his daily quota and then disappears.

Of course, we are all limited by time and we cannot all spend the same amount of time online, so everyone contributes to the forum in their own way. I hope that despite the fact that the current number of sig campaigns is less than it used to be, most members will remain active and welcome their opportunity again.

9
Forum related / Re: Why is this common here.
« on: May 14, 2024, 06:03:57 PM »
Quote from: Freemind on May 13, 2024, 06:37:49 PM
Quote from: Lucius on May 12, 2024, 04:33:23 PM
I've noticed it since I came to the forum, but since that member has been "communicating" in that way for a long time, I thought it was something the forum allows. In addition, the user in question always puts the same source, so I thought that maybe he represents that website and that he has a verified status, which is one of the guidelines that the admin wrote in Read before Posting in News section

Since I have been on this forum I have not read anywhere that this user represents the website that he always uses as a news source, although the truth is that I had never thought about it, but I doubt it. I suppose what the user is looking for is interaction with users to create debate, but I think he should also have more participation in his threads. The admin may need to rethink what he wrote in that article about that subforum's policy and update it.

On the BTT forum we had members who actually worked for certain news sites and were paid for every link they posted, which of course was not allowed and in the end some of them were banned for spam. I'm not saying that's the case here, but I see only two possible options why someone uses one source in all posts - he's paid to promote that news source, or it's an account that controls that source.

I have the opinion that apart from the interaction with other users, which is obviously not there, a rule of one topic every 24 hours per user should be introduced in any press board.

10
Cryptocurrency Price Speculations / Re: BITCOIN HALVING PRICE HISTORY FIRST TO LAST.
« on: May 14, 2024, 05:47:35 PM »
Quote from: babo on May 14, 2024, 03:26:06 PM
I want to ask you a very spicy question, do you think this doesnt happen?now I dont know if we will get to a x3 situation this time, but usually the real ATH manifests itself after about a yearwe have seen this and bitcoin has proven to be a very cyclical asset

I believe that we will have a big bull run even after this halving, but I am always ready that history will not repeat itself. We can never know what will happen in the world and how it will affect the global market, and Bitcoin has become part of that market and often the events on that market are reflected on its price.

What we didn't have before were spot ETFs in the US, and I think the price will depend a lot on them. Although they are responsible for the price increase since the beginning of the year, currently the outflows from the funds are much greater than the inflows, and this is also reflected in the price of BTC.

11
Forum related / Re: we yet to see a casino starts advertising on altcoinstalk!
« on: May 13, 2024, 04:18:52 PM »
Quote from: Findingnemo on May 07, 2024, 04:20:57 PM
As the topic title, my question is pretty straight which has been in my mind for a while: why have we yet to see a casino start their promotion, whether it's a signature campaign, free raffles, prediction contests, etc?
I can see some ANNs but not from the popular casinos as we do see on bitcointalk, I am sure they will be ready to promote if they are aware of this forum's existence.
Campaign managers may answer this better than anyone but whoever wants to add their points are welcome!

I'm sure that all or most of the casinos that are promoted on BTT know about this forum, because managers must have told them about it and offered their services - but they all obviously currently think that promoting on this forum is not profitable for them.

I sincerely doubt that the problem is money, because casinos have quite a decent profit to be able to finance such things, but considering that the pay rates on this forum are quite low, I wonder how many quality users they would be able to attract. If the casinos decided on the tactics of higher pay rates (similar to BTT), I believe that it would attract quality members and that they would probably get quality campaigns.


12
Cryptocurrency Price Speculations / Re: BITCOIN HALVING PRICE HISTORY FIRST TO LAST.
« on: May 13, 2024, 04:01:11 PM »
Quote from: babo on May 13, 2024, 11:32:28 AM
how long do you guys think it will reach in its final ath?clearly taking example from what happened in previous halvings, if I do the calculation at random I get absurd figures and I think I was wrongI need the opinion of someone else in the industry who understands halvings

There is not much to understand here, people simply expect that each halving will have a similar impact on the price as the previous one. But it is clearly visible that each future halving has a decreasing effect on the price, because the one from 2016 raised the price from some $600 to $20 000, the one from 2020 increased that ATH only by x3.5, and this halving from 2024 could have an even smaller effect on the price.

The thing is that each halving halves the reward for miners and that they, as "producers" of new BTC, have less and less influence on the market - which in some way can make all the already available coins much more valuable than they were before.

What could be concluded is that the price calculations are of a very speculative nature, and that no one can say with certainty what the price will be one or two years after the halving.

13
Cryptocurrency discussions / Re: What do you think of crypto messaging apps?
« on: May 13, 2024, 03:46:51 PM »
Quote from: taufik123 on May 13, 2024, 08:04:58 AM
It is quite interesting, and I use telegram with a crypto wallet that I have activated.
But the crypto wallet generated on telegram cannot be exported to another crypto wallet and you will also not get a seed phrase.

That means we as wallet owners do not have full access to the wallet and only Telegram knows.
I don't really use it for my main assets, just use it to explore TONS of space and the ecosystem within it with the minimum funds I send to my telegram wallet

This seems to be an even worse option than a regular hot wallet where you can at least make your backup and recover the wallet if something goes wrong. Therefore, I don't see any great danger in someone connecting a chat app with a coin wallet if from time to time they will transfer some smaller value there - but I'm afraid that a lot of users don't understand the concept of custodial vs. non-custodial wallets, and that by using such apps they can live in the delusion that their funds are safe.

My opinion is that such things should not be mixed, but it is up to everyone to choose what to use and in what way.

14
News related to Crypto / Re: 90% of Ethereum, Tron, Solana Stablecoin Transactions Are ‘Inorgranic Activit...
« on: May 13, 2024, 03:27:31 PM »
The very fact that a company like this is engaged in such analyzes speaks volumes about the fact that they want to prove something, or in other words show that ordinary people actually still use their services in a much higher proportion than they use stablecoins.

Now it's just a question of how much truth there is in that, but even if we assume that 90% is a bit of an exaggerated figure, I am of the opinion that the number of real users using cryptocurrencies (including stablecoins) is quite small compared to what companies like Visa achieve.

15
Announcements [ANN] / Re: 🛡️ MixTum.io - Premium Bitcoin Mixer | Launched in 2018
« on: May 13, 2024, 03:07:08 PM »
Quote from: paid2 on May 13, 2024, 01:08:10 PM
~snip~
...people should use DAI instead of USDT in my opinion (EU users, be careful USDT will be banned in June for the whole EU).

I didn't know that the EU geniuses would do it, but it has been a big wish of some people from the ECB for years, especially their chief CL, who otherwise has a similar position on cryptocurrencies as, for example, the well-known SEC chairman. Given that I do not use stablecoins, this decision will not affect me, but it is really funny to me that they are fighting in such radical ways against everything they consider a threat to the euro - but they are obviously learning from their political brothers across the big pond.

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