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Showing 20 of 18,542 results by Lucius
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Board Service Discussion
Re: Is Tornado Cash not a mixer?
by
Lucius
on 04/06/2025, 13:14:43 UTC
~snip~
Did you notice people are wishing theymos to allow mixers campaign again? One of the reasons is the Tornado Cash sanctions that was lifted which means the domain can continue to be operational.


Wishes are one thing, reality is something completely different. Any decisions cannot be made based on what is currently happening in the US, which is a policy that is conducted through social networks in such a way that it changes several times in one day.

In addition, people want the mixers to return because they remember that their pay rates were more than twice as high as these today in other campaigns - but even if the mixers were to return, I honestly doubt that they would pay anything more than other sig campaigns.
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Topic
Board Bitcoin Discussion
Re: BlackRock show concern; Says BTC Source Code Could Be Rendered Flawed
by
Lucius
on 04/06/2025, 12:46:02 UTC
BlackRock, which is the first ever successful Bitcoin ETF, now holds over 275,000 Bitcoins, through its shares Bitcoin Trust (IBTT).

It wouldn't be bad if you start using some better sources, because it looks like you've woken up from a long sleep and you're quite behind on real data.

Quote
BTC BITCOIN   Alternative $70,422,200,311.10   100.00 70,422,200,311.10    660,137.61700

https://www.blackrock.com/us/individual/products/333011/ishares-bitcoin-trust

Recenyl they raised a concern that Bitcoin source code and cryptographic security could be broken, if not now but in the future by quantum computers which impose a huge risk to how large they hold Bitcoin. The concern is specifically on how fast quantum computers can advance.
~snip~


Everyone is afraid of quantum computers, but apparently very few people realize that it will be a long time before such computers are powerful enough to compromise the cryptography that protects not only BTC but everything else in digital form. I've never liked them and companies like them, especially when it's an open secret that they're there for profit and don't care 1% about BTC.

What's the next news? BR propose a BTC hard fork that will be resistant to quantum computers?
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Topic
Board Bitcoin Discussion
Re: Ripple CEO Slams Bitcoin at IMF, Says XRP Is Future of Global Payments
by
Lucius
on 03/06/2025, 14:16:50 UTC
I am so frustrated about people comparing bitcoin to their "better" solution.
It always seem to be superior mainly, because these people have huge bags of what ever that "better" coin is. Or because they own the business.
CEO of ripple saying XRP is the future, is like inventor of a pager or faxes saying saying that pagers or faxes are the future of communication.
Speed isn't relevant factor when it comes with the cost of less decentralization. Anyone can build a coin with fast payments that way.


You shouldn't get frustrated about that, because for me it's the exact opposite. BTC has existed since 2009 and in the years that followed many tried to do something better and are still trying to do it. Some of them claim to have succeeded in doing so, but the difference between them and Satoshi is always that they did something out of their own personal interests, while Satoshi did something for all people without ever thinking of profiting from it.
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Topic
Board Bitcoin Discussion
Re: Bitcoin presidents
by
Lucius
on 03/06/2025, 13:56:44 UTC
~snip~
Back then, we only had Bukele (president of El salvador) as the national leader that was actively and loudly pushing for crypto adaption. Then Trump followed and now we have so many candidates for presidency and already presidents pushing for bitcoin. I think that this is a testament to how much bitcoin has grown that not only your average citizens know and use bitcoin but also presidents. Bitcoin mass adaption might come a lot sooner than everyone initially thought.


It's true that the president in South Korea has very big powers, but Bukele is still some kind of dictator (that's what he calls himself) who does whatever comes to his mind and obviously has no one to whom he must answer. The Polish president does not have such authority and can say whatever he wants, but it is not of much use if he does not have the support of the parliament.

I don't know why people continue to call the US president someone who supports BTC, when on the other hand he obviously prefers altcoins, which he has already shown many times. What people should know is that most politicians are focused on their positions and profits, and they don't really care how they will achieve it.

Bitcoin is a hot thing right now, but that doesn't mean they love it or care about it.
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Board Service Discussion
Re: Is Tornado Cash not a mixer?
by
Lucius
on 03/06/2025, 13:29:12 UTC
Does it really matter what something is called if we know exactly what it is used for? Mixers are actually something that enables a certain level of privacy because the coins you send and the coins you get back should not be connected. Whether someone calls it a mixer, a privacy tool, or some other name is really irrelevant.

The only reason why mixers are always targeted by the authorities is that they don't have KYC, and if you don't know who sent the coins for mixing, then you can't catch the (mostly) bad guys who use these tools to try to hide the trail of their illegal activities.
Post
Topic
Board Wallet software
Re: Cake wallet - Requesting honest reviews
by
Lucius
on 02/06/2025, 10:55:45 UTC
I personally tried the mobile version of this wallet and so far I haven't had any problems - I even used the swap option several times and everything went well. I also had a question for their customer service, which can be contacted directly from the wallet, and I received a response within 1 hour (maybe even less), which is definitely one of the good things.

Another handy thing is the ability to purchase virtual cards and gif cards directly from the app, and availability of course depends on the country you are in. All in all, I have no complaints about this app (mobile version) so far.
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Topic
Board Beginners & Help
Re: Hasbulla joins the list of celebrities scamming their followers
by
Lucius
on 02/06/2025, 10:08:42 UTC
I've never heard of this man or any of the projects mentioned in this thread - I wonder who the people are who believe in fairy tales and give their entire savings to scammers like this? It may sound ugly, but the people who were scammed in this and similar scams somehow deserve it - because of so many "normal projects", people are looking for something that looks like a scam at first glance.



I say it every chance I get that memes are a gamble, and I keep being proven right every day.
~snip~


Gambling can be fun and you know what you're getting into when you play dice or roulette, but investing in this kind of nonsense is like throwing money into a bottomless well, believing that a bunch of money will come out of that same well. It seems to me that it has already become a type of addiction that should be dealt with seriously.
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Topic
Board Bitcoin Discussion
Re: Ripple CEO Slams Bitcoin at IMF, Says XRP Is Future of Global Payments
by
Lucius
on 02/06/2025, 09:50:12 UTC
~snip~
Is there anything our pro-decentralization Bitcoin community can do to stop the momentum of this centralized threat?


Do you think that little man and his little project are a threat to BTC? The best we can do is to ignore what he and others like him say, because I would be very surprised if he said anything else, especially considering the kind of company he was in. Let them just play with their little toy, because realistically it's just a toy for little children that will sooner or later bore everyone.
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Topic
Board Exchanges
Merits 8 from 2 users
Re: eXch - instant exchange BTC / LN / XMR / LTC / ETH / ERC20
by
Lucius
on 01/06/2025, 15:58:54 UTC
⭐ Merited by LoyceV (6) ,Pmalek (2)
One of my clients had 500K swiped from their wallet.

I assume it's a hot wallet or maybe funds that were on a CEX? I really don't know what to say about people who store half a million $ in a way that any slightly skilled hacker can steal - and that's actually the main problem in this story, because if those funds were stored in an adequate way, this story wouldn't even exist, right?

- A first hello from E0339x, a forensic crypto investigator.

~snip~
I'll do some research on my own side, but in case you've already done what I'm about to do, can you share how best to get in touch with these organizations to request the return of funds?


No offense, but someone who calls themselves a forensic crypto investigator shouldn't be asking such a question - because how can you expect to be able to follow the money trail, when you can't find the contact information for the agencies that have already been mentioned so many times.
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Topic
Board Service Announcements
Re: 🛡️ NoKYC.cards – 3D Secure Virtual Visa with NO ID Required
by
Lucius
on 01/06/2025, 15:36:41 UTC
It looks good at first glance, but all this talk about privacy and no KYC falls apart on the first visit to your site - because I couldn't access the site with Tor, the new circuit improved things a bit, but still the page loading is quite slow. Furthermore, the payment process you use has a very strict AML, so I wonder why all this if XMR is one of the payment options?

Furthermore, the fees are quite high:

Quote
Card Issuance:
$15 (One-time)

Card Monthly Maintenance Fee:
$10/month, charged after 30 days from issuance.

Card Top-Up:
14%+ $2 per load/Topup

External Wallet Withdrawal:
Withdrawals to an external USD (TRC20) wallet incur a $3 + 5% processing fee. This is a manual process and will be completed within 10 business days.

Google Pay cards are also very expensive - for example, a $20 card costs as much as $44, and a $100 card costs $179.

By the way, since when has the service existed considering that it already has over 4000 users?
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Topic
Board Bitcoin Discussion
Re: The Texas Bitcoin Reserve is Happening!
by
Lucius
on 01/06/2025, 15:16:06 UTC
~snip~
All in all, I feel it's not as good news as it looks at the first glance. Of course, I would not say it's a bad news either Smiley

I agree, in the short term most people just want the price to react to this kind of news, but no one takes into account what will happen when one day the people who make the key moves (I mean politicians) change. They are all just following the scent of money, and if there is profit in BTC they will accept it in every possible way, squeeze it out and then eventually discard it.

When it comes to Texas and mining, it will undoubtedly continue for years, considering that there is a little more than 1 million BTC left to mine - but as we approach the end of this decade, we will reach the point where 99% of all BTC will be mined. Then we will very likely witness much less interest in BTC mining than is the case today.



How much buy pressure can we expect from this, what exactly does the bill say? If someone has a good summary of the key points that would be excellent. It says that a part of the state investment fund will be used, but the article does not specify how much exactly.
~snip~


According to what can be seen on bitcoinreservemonitor there is speculation about as much as 227 000 BTC, but that is obviously just speculation. Maybe someone knows more about these numbers.
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Topic
Board Beginners & Help
Re: Paxful issue help needed fast
by
Lucius
on 01/06/2025, 10:42:53 UTC
~snip~
One more question should i lock this thread now or keep it open


If we know that the problem was on the service side, and that it has now been fixed, is there any logic in keeping the topic open? I think you should learn something from this situation - as others have already written, always be prepared to lose everything you hold in this way. I know you trade, but try to have as few cryptocurrencies online as possible.
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Topic
Board Bitcoin Discussion
Re: El Salvador Ignores IMF, Buys More Bitcoin Anyway
by
Lucius
on 01/06/2025, 10:30:53 UTC
IMF will stop pushing El Salvador when other countries also buy bitcoin and make it public. Then the community will be bigger and the IMF will not be fight against everyone. That is why Bukele is strong and keeps going, he knows exactly whats coming. That is exactly what Bitcoin need when others join in. If El Salvador lose this fight, then other countries have a reason “not to buy”, or not to publish it. I am sure that many others have already bought bitcoin.

Will the IMF ever say anything negative about the US having BTC strategic reserves or Pakistan planning to do the same? Of course, this will not be the case because they can blackmail only those small countries that have no choice but to submit and accept all the conditions that have been set for them.

I honestly don't see what kind of battle El Salvador can lose, unless someone still believes that Bitcoin can save them from decades of corruption and economic mismanagement. On the other hand, any country that decides to invest in Bitcoin in any way should do so in the most private way - because otherwise they are not doing themselves any favors if the price rises due to this news.
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Topic
Board Economics
Re: Bombshell!!! Trump recommends 50% tariff on Europe
by
Lucius
on 31/05/2025, 15:42:32 UTC
@EarnOnVictor, first he dropped a bomb on the EU, today the market is sinking because he launched a missile towards China - which only shows that there are no coincidences in all of this. If you're negotiating with someone in good faith, then you don't do things like this to them - because the other party will consider you unreliable because you're constantly changing your mind.

I would like the EU to be as strong as it may seem to some, but there are too many internal divisions that the US and China use for their own personal interests. Unfortunately, at this point, the EU is still too dependent on US military aid, especially given the war raging on its eastern borders. When you're in a situation like that, and you're also importing a lot of gas from the US, then you can't be as strong as you really should be.
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Topic
Board Bitcoin Discussion
Re: El Salvador Ignores IMF, Buys More Bitcoin Anyway
by
Lucius
on 31/05/2025, 15:27:04 UTC
The El Salvador need to buy more Bitcoin that will worth more since they are the first impression when we talk about countries that are supporting and allowing their citizens to use Bitcoin as legal tender. This is a good move for the El Salvador people because this is going to make the country more richer by the time the price hit $150k.
~snip~


Buy more with what money? Their government borrows money from the IMF and others to ensure the survival of the state, and you expect them to buy more than 1 BTC per day, which is over $3 million per month. Even today they start buying ten times more (300 BTC per month), it's not an investment that can save them considering the debt they are in.

What El Salvador failed to do was to buy a lot more BTC from 2021 and in the years after that, so if today instead of 6000+ BTC they had 60 000 BTC, that would be a slightly different story.
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Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: Will U.S.-China Tariff Tensions Hit Bitcoin Harder Than We Think?
by
Lucius
on 31/05/2025, 15:10:56 UTC
⭐ Merited by SilverCryptoBullet (1)
us tariffs DRAMA has nothing to do with bitcoin markets.. but silly emotional people will panic or be stupid and trade based on random silly news
~snip~


Unfortunately, too many people react to every announcement that comes from the US president, and these people, whether someone likes it or not, shape the cryptocurrency market. Those who follow what's happening in politics can profit a lot from it (it's always been that way), only now it's got a completely new dimension - all you have to do is follow one account on the social network and make your trades in relation to what is published.

As for the trade war between China and the US, I think some kind of agreement will have to be reached sooner or later, because both countries depend very much on each other. Today I read that there has been a great concern in the US automobile industry that it will not be able to continue production because China has slowed down the delivery of some special magnets that are used for a lot of things - and now all the companies that deliver them have to ask for special permission from Beijing.

If anyone hasn't noticed, a few days ago, due to negotiations with the EU, exactly the same thing happened, so I don't see any coincidence here - this is pure market manipulation directed from the very top of US politics.
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Topic
Board Bitcoin Discussion
Re: El Salvador Ignores IMF, Buys More Bitcoin Anyway
by
Lucius
on 30/05/2025, 13:53:39 UTC
~snip~
I believe in future once El Salvador would get a lot of profit they won't need to take loan from IMF just to fund their future purchases.


You can hardly expect something like that if you have 6000+ BTC and invest at a rate of 1 BTC per day (365 per year). It is simply too slow to make a profit with which you would be in a position to no longer need loans, not to mention the fact that when you sell BTC, and repay the debt, you have nothing left.

Furthermore, the question arises as to what will happen when Bukele is no longer president, will the new president continue on the same path or will he make a complete U-turn?
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Topic
Board Gambling discussion
Re: Would you rather....
by
Lucius
on 30/05/2025, 13:21:29 UTC
A simple but fun discussion we can have.
Would you rather win $10,000 in front of a crowd, or lose $10,000 without anyone knowing? The logic behind this question is winning in public a big amount can be dangerous. Some may want to target you while some may just outwardly ask you for money. For some people they might also be so egotistical that they would want everyone to know how much they won.
~snip~


For me, the answer would depend on where the person is - was the winnings made in Las Vegas where everyone gambles and $10k isn't money someone would make a big fuss about, or is it a country where that kind of money is considered real wealth. I'm not saying that something bad can't happen in LV, but where people are desperate and need money, the chances are much higher that something bad can happen.

Maybe I would rather choose to lose that much money without anyone knowing, than to gain that much money and have problems in life because of it. Money is both happiness and curse at the same time.
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Topic
Board Bitcoin Discussion
Re: GameStop buys 4,710 BTC (500m dollars)
by
Lucius
on 30/05/2025, 10:37:53 UTC
Every time I see news like this, I think it's good that it only took 15 years for someone to invest in BTC, but honestly, I would prefer it if it took them at least another 15 years to figure it out. Why am I saying that? Well, maybe because all these investors are just hoarding BTC and will probably never use it as they should, making BTC even more expensive and also more vulnerable in the sense that they can be hacked at any moment.

I hope that as many ordinary people as possible will buy BTC, because it would mean more than if companies like this buy it.
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Board Legal
Re: Pending justice for SBF
by
Lucius
on 30/05/2025, 10:12:39 UTC
I would bet that his pardon will be on the agenda sooner or later - however, I think it will be part of some "crazy" decisions at the end of the presidential term.
Donald Trump's presidential term? Trump will be president up until 2028, and after then he cannot be elected president again, do you mean sbf would be pardoned within this time, of course you know that is never going to happen.

Of course I'm thinking of him, who else? Usually, presidents grant a bunch of pardons upon leaving office, and I don't think this one will be any exception. As for re-election, it's true that by law no one can be US president more than twice - but word is that his team is working to repeal that law, because all dictators have done the same thing, right? The man clearly said, to paraphrase, "Vote one more time and you won't have to again".

Yeah, i am aware he donated to many politicians, but people were also speculating a lot of things before the sentencing, i.e. 'he wouldn't go to jail', 'he wouldn't get more than 10 years', 'the politicians he donated to won't allow him go to prison for a long time', etc, but in the end he was sentenced to 25 years in jail and he could possibly spend all those years behind bars.

For his crimes, the sentence should have been 100+ years, but he got four times less. Someone of his profile certainly won't spend 25 years in prison, but time will tell how long it will be in the end.