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Showing 20 of 988 results by Bitcoins101
Post
Topic
Board Economics
Re: Usdc taking over the world Im rich
by
Bitcoins101
on 26/12/2024, 09:10:02 UTC
I think USDC is controlled by Circle and Coinbase. I'm not sure what percentage Coinbase owns, but they are publicly traded, and the easiest way to participate in the potential upside of USDC.
Post
Topic
Board Digital goods
Re: RARE OG CRYPTO DOMAIN NAMES FOR SALE
by
Bitcoins101
on 16/12/2024, 22:50:04 UTC
Cryptocurrency.com? I doubt it bro

Lol, I'd love a price quote on this domain.

Also, I hope life is treating you well Bitcoins101!  Long time, no see!

Hey! Same.
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Topic
Board Bitcoin Discussion
Re: Regarding Peter Todd's behavior and language
by
Bitcoins101
on 20/10/2024, 08:00:18 UTC
Probably best to post the Youtube link https://www.youtube.com/watch?v=Bso9cgnLqvE

I'll give it a listen.
Post
Topic
Board Bitcoin Discussion
Re: Satoshi Identity Revealed LOL
by
Bitcoins101
on 09/10/2024, 13:57:45 UTC
If it was a continuation of Satoshi's thoughts posted mistakenly using another account, then it would have been mere minutes apart, no?
This is just sloppy journalism. Sensationalism. Crafting narratives that lack any real evidence. It’s an attempt to draw connections where none exist, cobbling together theories from irrelevant details and presenting them as facts.
Even Martin Shkreli believes it is Todd. Roll Eyes
https://x.com/MartinShkreli/status/1843848001007300629

This is from defenders of Sam Bankman Fried actions who believed Roger Ver is Bitcoin Jesus yet got arrested in Spain for tax evasion in the States.

"Following Tuesday night's release, former Bitcoin Core developer Gregory Maxwell pointed out an overlooked detail undermining filmmaker Cullen Hoback's case that Bitcoin's pseudonymous creator is another early Bitcoin developer, Peter Todd."
source: https://www.theblock.co/post/320241/hbo-satoshi-nakamoto-bitcoin-peter-todd

Along with the narrative of Satoshi 'mistake of posting from PeterTodd's account' theory.
There was this cryptic message from Todd's chat log once decyphered with their writing styles to be similar can be evidence enough to deem them the same person? I would disagree.


https://x.com/Cointelegraph/status/1843910047103103388

With all due respect to Martin Shkreli, he doesn't have the slightest clue what he's talking about. He's had zero historical involvement with cryptocurrency.
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Topic
Board Bitcoin Discussion
Re: Satoshi Identity Revealed LOL
by
Bitcoins101
on 09/10/2024, 10:14:46 UTC
The documentary falsely claims that Todd's reply regarding inputs and outputs matching is super technical—it's not. However, it is quite interesting that it's literally the second post by Todd on the forum, and it's phrased in an interesting manner.


Hmmm.
Post
Topic
Board Scam Accusations
Merits 1 from 1 user
Re: Ledger hacked!!!
by
Bitcoins101
on 08/10/2024, 21:17:05 UTC
⭐ Merited by condoras (1)
Im not sure Ledger support can help you here. It sounds like it was your fault (I dont mean to be judgmental).  It is surprising to hear that someone with your experience could have fallen victim to a phishing scam.

Since it was from their app, it wasn't a phishing scam. For some reason, their app is connected to their scam page. And trust me, experience isn't the issue here. In the crypto space, you can easily get "hacked" from somebody/ something...

It sounds like it was from the blockchain, not the Ledger app. If someone sends you an NFT with a link to claim it....kind of suspicious, no? This happens a lot, sorry it happened to you. You probably authorized the webpage to take your coins.
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Topic
Board Bitcoin Discussion
Re: Satoshi Identity Revealed LOL
by
Bitcoins101
on 06/10/2024, 07:54:06 UTC
I do not know who they will claim is Satoshi, but I do know that various media outlets have made claims over the years that they know the identity of Satoshi, and all of these claims have been hilariously and completely wrong. I have no expectation that this time will be any different.
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Topic
Board Bitcoin Discussion
Re: Binance founder CZ first post in X after 116 days in prison:gm
by
Bitcoins101
on 28/09/2024, 18:09:36 UTC
He isn't going to "take power" again. He was barred from serving as a Binance executive as part of his plea deal.
Post
Topic
Board Auctions
Re: RARE OG CRYPTO DOMAIN NAMES FOR SALE
by
Bitcoins101
on 03/09/2024, 10:03:07 UTC
Cryptocurrency.com? I doubt it bro
Post
Topic
Board Auctions
Re: BIT-COIN.COM Domain Name
by
Bitcoins101
on 30/08/2024, 06:53:58 UTC
I aggree with the 48-72 after last bid aucitons, however since the price of bitcoin changes a lot and some of those types of auctions can go on for weeks people might "cancel" their bids if there was a price spike. Maybe I will try it for an experiment here once.
Personally, I think rather than the 48-72 hours 15 minutes is fine. It's called "extended bidding." As long as you placed a big during the regular auction time, you're allowed to place bids after the auction end time. Auction only ends after 15 minutes with no bids. This is how many collectible auction houses run auctions.

It's not a good choice: the auction could end right after the first bid because most people might not even see the auction within 15 minutes.

15 minutes after the auction END TIME, not when the auction starts. So if the auction was stated to end on March 1 at 23:00 the auction is extended past that time if there has been a bid in the past 15 minutes.

This was a weird auction and its rules probably cost the owner a couple BTC. I guess the domain may not be worth the $120,000 or so 2 BTC is worth now (or is it worth that much?), but it was certainly worth 2 BTC at the time.
Post
Topic
Board Hardware wallets
Re: New ledger Flex junk
by
Bitcoins101
on 19/08/2024, 08:45:04 UTC
I'm in the US & I've bought a few things from AliExpress.  Keep in mind, you're not buying a hardware wallet from AliExpress.  You're buying a development board type device that can be programmed to do whatever you want.  Krux turns it into a hardware wallet, but most people buy a Yahboom K210 to do DIY robotics.  It's just a neat little gadget you can write your own code for to do whatever you want kind of like a Raspberry Pi.  The Krux installer wipes it out entirely & installs Krux.

If you don't want to buy one on AliExpress, you can pay a bit more to buy one directly from Yahboom.  If you click that link, you can also see a robot car using a Yahboom.

$56.99 even with free shipping. i can buy a ledger nano for less than that. hmm. this seems like something that would end up costing more than a real hardware wallet. does it need a TF card? then you have to buy that too.

Then buy a Ledger and risk exposing your coins to closed source code that contains key extraction firmware by a company that lies to you again and again and again.  Even if you could get a Ledger for free, we'd warn you not to use it for anything more than a doorstop or a decoy.

As I explained, you can get a Yahboom K210 on AliExpress for around $45.  Even less on sale.  I got mine for $37 shipped.  You don't need anything except the device and a USB cable to install Krux.  Once you have Krux installed on it, you'll never need to plug it into a computer again (you can plug it into a USB wall plug like you'd get with a phone).  The rest of the stuff you're seeing on that page is for using it to do robotics.  You're not making a robot.  You're wiping it out & installing hardware wallet software on it.  Or not.  If you'd rather trust Ledger, go for it.  I have a buddy going through a nasty divorce.  We told him before they even got engaged "She's lying to you and she's cheating on you."  Sadly, some people need to get screwed over before they learn hard lessons.  Ledger isn't trustworthy, but if you trust them anyway, that's your choice.

Open source is the way to secure Bitcoin.  Krux.  SeedSigner.  Trezor.  I'm of the opinion that open source and DIY, like Krux and SeedSigner, is the best option since it means you don't have to trust a company.  I don't know about SeedSigner, but Krux is funded by grants from OpenSats.  And Krux is far more advanced than a janky Ledger nano.  Even NVK from CoinKite is recommending Krux.  The Yahboom device gives Krux a large touchscreen that shows you full details.  That cheap Nano has a microscopic screen that only shows you a few characters at a time and only has 2 flimsy buttons for navigation.  Oh, and if you're using that Nano with Ledger Live, congrats!  Ledger and everybody else has a billion trackers built into that thing.  Who needs privacy, eh?

Seriously, don't trust Ledger.  If we were talking about Trezor, I'd say Trezor is trustworthy but Krux is much more advanced (except it's Bitcoin only, but that also means better security).  But Ledger?  Oof.

Trezors are vulnerable to physical key extraction.

Look, Ledger isn't great, but it does the job.
Post
Topic
Board Hardware wallets
Re: Importing Sparrow Wallet into a Cold Wallet
by
Bitcoins101
on 30/06/2024, 11:09:26 UTC
Importing a single signature software wallet seed into a hardware wallet generates essentially no more security than the original software wallet.
Post
Topic
Board New forum software
Re: Progress? We're waiting...
by
Bitcoins101
on 21/11/2023, 11:13:04 UTC
I haven't been here in years and the software still isn't running? Lol. Admins fumbled the bag here big time.
Post
Topic
Board Politics & Society
Re: Israel and the simple truth
by
Bitcoins101
on 21/11/2023, 11:11:09 UTC
Using civilian buildings like a hospital for military purposes is a war crime.

If Israel doesn't bomb these military installments it will simply encourage more war crimes by Hamas. Hiding behind innocent people cannot provide immunity because it just encourages more of it.
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Topic
Board Currency exchange
Re: Considering doing OTC BTC/CASH side hustle? Input?
by
Bitcoins101
on 14/02/2023, 10:57:48 UTC
costs 3 percent in miami, 4-5 percent in new york, less on the west coast. not familiar with tulsa but you won't build out charging people 15 percent to convert their cash to coins. even in europe where aml is much more stringent, anyone with common sense wouldn't pay over 5-6 percent for cash to coins.
AML is more stringent in Europe? How many Europeans are there in prison for operating an unlicensed money service business?
Post
Topic
Board Beginners & Help
Topic OP
Price at time of transaction?
by
Bitcoins101
on 07/08/2022, 14:29:51 UTC
Are there any block explorers that will show you the amount in dollars at the time of transaction?
Post
Topic
Board Currency exchange
Re: Can my FTX short position make a recovery?
by
Bitcoins101
on 27/06/2022, 08:41:49 UTC
Leveraged tokens are a good way to be basically right, but still lose money.
Post
Topic
Board Currency exchange
Re: Considering doing OTC BTC/CASH side hustle? Input?
by
Bitcoins101
on 27/06/2022, 08:36:46 UTC
It's rare for anyone to charge more than 10% besides ATMs. Also, since you're doing it as a business you'll need to look into MSB registration and implementing an AML/KYC policy.
Post
Topic
Board Currency exchange
Re: CryptoRanking: CHOOSE BEST CRYPTO EXCHANGE IN 2022
by
Bitcoins101
on 24/06/2022, 10:12:55 UTC
I just go to Coinmarketcap and sort by volume. High volume = large size and low fees.
Post
Topic
Board Trading Discussion
Re: Which exchange has less hassles in terms of multiple verifications?
by
Bitcoins101
on 22/06/2022, 11:09:44 UTC
Bisq is the best decentralized exchanges, followed with localcryptos and hodl hodl.

Agoradesk is a P2P exchange like Localbitcoins. It's run by same company as Localmonero. Coinmarketcap does not include P2P exchanges.

Personal Information

We collect personal data that you volunteer on forms which you submit to us and in emails that you send to us. In addition we automatically gather details of browser types and IP addresses of the users who visit our site. We do not release this information to any outside party, except in suspected fraud cases. When fraudulent activity is suspected, we may release the users details to the party that the user has been trading with. This is done only if there is strong evidence of fraud.
Not a good decentralized exchanges and localbitcoins is a custodial P2P that will ask your KYC.

I hardly see anything wrong with those terms. Pretty standard. Agoradesk has an onion address too.
Bisq penalizes users for needing KYC, which literally forces users in certain jurisdictions to break the law. Also a risk when accepting reversible payment methods. No thank you.
Localcryptos admins are clueless and disrespectful based on my brief experience trading there. I would never recommend it. It's Ethereum-focused too. Has far less traders than Agoradesk.
I checked Hodl Hodl and there were very few ads. It looks like no one uses it.