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Messages - Lucius

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1
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.

2
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.

3
Forum related / Re: Why is this common here.
« on: Today at 06:03:57 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.

4
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.

5
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.


6
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.

7
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.

8
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.

9
~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.

10
Forum related / Re: Why is this common here.
« on: May 12, 2024, 04:33:23 PM »
The OP is probably talking about the regular topic creator in the News section. To OP, it's not common but I am guessing that member is doing it out of habit. The other few members who does the same are probably just following that posting style.

I also noticed it with at least two users, but I don't think it's any alt accounts, but that one teleported user from BTT simply adopted the style of a member who in this way wants to encourage others to leave a comment in his topic.



@Rruchi man, as far as I can remember, there is only one user who does that and ends every "post" with that phrase. The fact that the user ends each post with that phrase is supposed to encourage other users to write posts, but the OP has never responded to any of those users, so the interaction between the OP and the users does not exist. It's something I talked about on occasion (some time ago) with the administrator, but we didn't come to any conclusion. I will talk to him again.

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

11
As things stand, it would be best if the feds confiscate all the coins at some point, after that all the coins will be clean. After their "mixing", there is no need to look into the earlier history of the coin.  ::)

When we look at all the seizures over the years, maybe we could say that those who fight the most against the mixers are actually the biggest "mixers" and turn all the "dirty coins" into clean ones. Of course, they profit by doing so, and in such a way that their fee is only 100% ::)

12
Yeah I think the spot ETF really is the reason why ATH goes off too early as we all know it usually happens after the said halving event. Such a great news makes ATH so maybe we have to expect more in the coming days.

There is no other reason that anyone could find to explain why we went from $15 500 to $72 000 in just over 1 year. Over 500 000 BTC bought by ETFs in just a few months is proof enough that money makes the world move, including Bitcoin. I would rather say in the coming months, and maybe even years if the pattern repeats itself and we have to wait for 2025.

13
After the next bull run cycle, the probability of Bitcoin falling below $100k is not inconceivable, but it is unlikely. I'm not sure when BTC will reach $200k-400k, and if I tell my kids that I bought my first BTC below $400, they'll never believe me if they don't see a Porch or a Ferrari in the basement. LOL  :D My current purse is not enormous, and I feel that BTC is becoming further out of reach with each passing year.
~snip~


I wish you were right, but every big bull run was followed by a correction that turned into a bear market - and from what I remember since 2014 every correction caused a 50%+ price drop, which would mean that even if the next ATH is $200k, we can hardly expect that after the correction the price will remain above $100k.

As for Lambo and other metal beasts, I'm not someone who strives for such things, but I understand that some people have the need to prove something to themselves and others in this way ;)


What happened to crypto asset diversification? Where do we draw the line? I have a few Sol shitcoins in my wallet that I purchased at the $18 dip, and I haven't decided whether to get eth just yet; everything is dependent on the Bitcoin price. I imagine eth hitting $10k or more in the next bull market, and owning 2-3 pieces wouldn't be a bad idea unless you know something I don't. Tell me.

Maybe I'm wrong, but our colleague is a long-time miner who probably isn't thrilled that ETH has become a POS coin, but neither are many others. I'm not saying that you still can't make money by investing in it, but maybe some other coins have much greater potential.


14
Bitcoin Mining / Re: Argentina To Mine Bitcoin With Stranded Gas
« on: May 12, 2024, 03:18:31 PM »
Don't call him El Loco, Lucius
Since Milei is very against their Central Bank, the whole power system is against him.
The media defame him calling him El Loco - The Madman.
Last week someone prominent said Milei is a drug addict.


As far as I know, that is his nickname, not given to him by the media or by someone who hates him for his ideas. There is no doubt that he has very drastic ideas, but I also personally do not think that he can change his country with them, especially if it is publicly known from which country he is asking for help, and which was the first one he visited after becoming president (US).

Quote from: https://www.msn.com/en-us/news/other/el-loco-won-the-argentina-election-last-month-with-outlandish-ideas-now-he-s-backpedaling/ar-AA1l44Xh
President-elect Javier Milei, known by the nickname “El Loco” since he was a kid, rose from university professor to social-media celebrity, making his mark as an economic libertarian and social libertine.

All the while, the inflation in Argentina has sunk.
His popularity is growing - The people in Argentina love him more and more.
~snip~


Considering the economic situation in that country, people simply like the change that has taken place, but it remains to be seen what the president will do during his mandate. As far as I know, his party does not have a majority and I don't know if he will be able to implement all the changes he wants, but time will tell if there will be positive changes or not.

15
Bitcoin Mining / Re: Argentina To Mine Bitcoin With Stranded Gas
« on: May 11, 2024, 04:01:43 PM »
It is true that a huge amount of electricity is lost every year and that it is about 50 000 TWh, and that for comparison BTC mining consumes somewhere around 200 TWh, which refutes any crazy claim that Bitcoin can have anything to do with a serious impact on the environment. Therefore, any use of what would otherwise be completely useless has a positive effect on the economy of a country and creates additional value.

There were some stories that "El Loco" is somewhat pro-BTC, but this is the first time I read that something concrete is happening in that direction - although this is not a revolutionary idea that has not been talked about before.

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