Currently, Airdrop hunting is at its peak, and everyone is joining them. I also join new and old airdrops regularly. The question here is, when we join new airdrop some of them require us to create a new wallet, and some of the wallets they require is not metamask it is their specific wallet, like some else. And we can't just copy the seed phrases from them we have to write them down manually.

I don't know of any other way to write them down, so what I do is, I take the screenshot and give it to the Edge Copilot and ask him to extract the words from the picture and it extracts the exact same words. Sometimes some wallet's copy system is not good. This means when we click copy seed phrase. It also copies the serial number as 1:Blah 2: Blah.

I don't want these numbers so to save time as in airdrop hunting we need to save time as if we can. I give the 12 or 24 words to the AI bot and ask it to remove these serial numbers and give me the words written side by side. And it do it for me in a matter of seconds.

So the question is,
1.Is it safe to use AI bots to do such things. I mean can they see our 12 phrases. Even if they can see, will they use it. Even if the platform is of Google's, Microsoft, GPTs etc. etc. I mean even if they are worthy enough of our searches,
2.Can hacker could use some types of web scripts that can extract our data from these AI bots.
Out of all the questions,
3.Should I remove the history regularly, and if I don't, can hackers somehow extract the words from the history?

I know its not safe, but I don't really care about these spare wallets which I use for some low quality airdrops. Because the ones which are good, don't require us to use some specific wallet. As we can use any web3 on it. I am still asking if its really possible or really not safe as I am not so sure.

Quote from: Learn Bitcoin on June 02, 2024, 05:34:01 PM

Probably you haven't checked the thread again. The thread has already been moved to the cryptocurrency discussion board. So, there is no offense if anyone writes there.

That's right, now if you give me -1 Karma, should I be upset? admin can give +10 so you got -10.

I understand that admin can give anything if he wants, what this op is trying to say is, why not just a warning, like for the first time, I don't know really if he made this mistake before but to my knowledge this is his first time and he is really a good and sophisticated poster. I did not see such punishment by Admin in my time here and this is also OP's first experience. You are an old member and you can shed some light if Admin gave this punishment to anyone else besides the ones who lost all of there karmas due to phishing it or exchanging it and maybe due to plagiarism.

Well, you are right about the fact that OP can get more than 10 why make a fuss out of it? I think he also gets frustrated like admin. I hope the admin will make an explanation of such punishments so we can save ourselves from making the same mistakes. I mean if we will know this mistakes will cost us this why would we do that. Overall its totally admins decision and his forum.

It is not possible to be accurate in analyzing which project is good or bad, most people lose when they invest in altcoins because they buy a scam project or one that does not have any future. If people could 'easily' analyze the market and separate the good projects from the bad ones, everyone will likely be making money.

That's 100% correct that if everybody would be investing in good projects they would all be making money right now, but that's also not impossible for all to make money, they all can make money but they can't due to there different nature of investment mindset. Some take small risks and some take big ones. Diversity of this world makes every individual different from each other and thus their way of thinking as well.

It's not hard to find a good and scam project, a little understanding of certik, partners investors to look for and the team background only will give you the idea that either it will be a scam or not. I think distinguishing between a good and scam one is not a big deal nowadays. The main problem, is even if you differentiate between them successfully it does not mean you are going to make profit. I hope you understand my point here.

All these is not enough for you to come to a conclusion that a project is good and is going to be successful.

You are right, that's why I said for example and etc. etc. because there are many other factors on the check list as well. But these are only few that a normal person can comprehend.

Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.

Post is old but the question still fits best at the current times, so I will say if you have a little amount of money and you want to invest in BTC then its good you should invest it but first you have to realize what are your goals. I mean how long are you planning to invest, for 1 year or for a few months only, and what's the profit you are expecting if 3x from the CMP then that's a no even if it is 2x then it still a no to BTC, and I would prefer you to go with some ALT.

But considering the price of BTC at the post time, I will say it was a good time to buy btc for a 2x because at that time the price was around $42k I think, or close to this number. So at that time, the entry would make us 2x or maybe more but at the current market price, it can't so the best choice is to go with some good alt. ETH is good-looking at the moment it can give us more than 3x.

So that's why we are not seeing any price increment in ETH. Well, I somehow have the idea that it will gain more volume with time but did not know that the trading is not started yet as I am not into ETF trading so did not know that. Thanks for the news. I hope when the trading starts the value of the ETH ETFs will start booming. Or do you think it will also follow the same pattern as BTC did?

Overall, I am happy for ETH and with time it will get the approval for trading as well. It has given people a second option to store their money into like for diversification to minimize the risk of investment. Its good to have this option, I was reading where people are now concerned to know that if there are any other crypto assets ETF in the pipeline or not. What you guys think?

My curiosity is if this would be a good time to stake ETH? Plus, some CEXs are getting other existing trading and staking events up in anticipation of the approval, are they worth it?

I am not a staker, or prefer it due to some reasons of mine, but speaking of buying ETH now is a good option, as in order to stake ETH you get it first and hold it for a longer period of time and you are earning from two ways, one is from %APY and other is from the price increment as if you bought ETH at $3500 and staked for a time and at that time the price of ETH is $7000. So you earned 2x on the price speculation and from the APY as well.

And speaking of the price, I think ETH is bullish and due to the approval of ETFs, it will definitely going to touch a new all-time high soon. I think it is going to follow the same pattern as BTC followed, first, it will decrease in value, then day by day when more money will flow into it, the price will increase. So I say ETH will not gain value quickly as we expected at the time of BTC ETF approval, it will increase slowly.

So if I have multiple addresses and I am using a unique one every time mean I am using a mixer? haha what are they smoking these days I wonder. Well, I know one thing these people are no joke, they always have some roadmaps, like first they will use the term mixers to pass their bill, because they know using the word mixer will make the situation easier for them but what they don't understand is, they are accusing an entity for there own self benefits.

While it's not how things work, I wonder who are the ones (idiots) who will approve this legislation. I also think of these events as to gain some popularity or attraction as the elections are ongoing. But in these times considering the situation I will say everyone is on the side of crypto (especially the Trump). BTW his chances are lesser. And I also heard Biden also going soft on crypto users and that's why ETH ETFs got approved as five members of the SEC have to make the decision of either approving it or not.