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Showing 20 of 138 results by coyhasmon
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Re: Critical security flaw in Chrome discovered by Google's own AI
by
coyhasmon
on 30/08/2025, 20:22:28 UTC
People, you are on the bitcointalk forum, shouldn't you all have started valuing your privacy a little more a long time ago and stopped using that spying garbage of a browser? If for some reason you don't want to use Tor, then at least try Mozilla Firefox.
A lot, well most people still use Chrome. I don't blame them though. There are instances where websites don't even work with others such as TOR Browser or sometimes even Firefox. The browser monopoly has been a problem for some time. Actually, the whole browser thing needs to be reworked from scratch. There are severe exploits found in all browsers all the time, which indicates that something is fundamentally wrong with this type of setup.
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Board Economics
Re: Trump and the pressing rate cut
by
coyhasmon
on 30/08/2025, 19:16:29 UTC
The fed has a dual mandate. Job market is at historical high. Unemployment is at a level consistent with full employment. Wage are growing, slower, but growing.
Inflation is still above target, with a potential effect from tariffs that has still to materialise, given the most increase comes from services and housing markets.
The risk is to cut to soon, and when tariffs come into play, being forced to raise rates too violently.
I understand what you are trying to say, but I am trying to say that the risk is much less than it is perceived because the cuts are so small. A single 25 point cut is not gonna crash the economy.  Tongue

And would a rate cut save the economy? No I highly doubt that
Maybe, who knows. Let them cut it and stop fighting it. We will find out after a cut who was right.

The US is in a tricky situation they might be heading into a recession (which could encourage the rate cut).
The US economy is doing better than Canada, UK, and any EU country. Don't worry about recession under Trump if you didn't worry about it under Biden, when there was actually a recession they just changed its definition to hide it.  Cheesy
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Board Economics
Merits 3 from 1 user
Re: Trump and the pressing rate cut
by
coyhasmon
on 30/08/2025, 14:22:24 UTC
⭐ Merited by fillippone (3)
To me, this is the point.
A 25 cut is a policy error, in my humble opinion, but this cut or even a 50 bps one, aren’t going to change anything in the big scheme of events.
I am trying to say is a bit different. Even if it is an error, it is not going to destroy the economy. Do the cut, observe what happens and let's see if it is a mistake or not.

Yet, if those cut are done to accommodate Trump pressure, this is far worse.
I don’t think I am a naive person, but this level of pressure from fiscal authorities on the FED is unprecedented, even by modern standards.
A lot of the public fighting is just theater. Don't always assume these things are real, especially from a country that is so obsessed about making everything into entertainment. It is difficult to be sure about these things, but the default stance should be that it is fake. A lot of these things are used to distract the population through the media from other things that are going on.
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Board Beginners & Help
Re: Critical security flaw in Chrome discovered by Google's own AI
by
coyhasmon
on 30/08/2025, 12:58:05 UTC
Not only is it necessary to update Chrome, but we also need to update our antivirus. If possible, install a reliable antivirus and perform regular scans, especially deep scans, which are useful for checking everything. Some antivirus programs also integrate with browsers, such as Mozilla or Chrome, which is also useful for anticipating attacks on our browsers. So far, those are some of the things I do frequently, so I feel safe until now.
This advice is outdated, the times of separate AV are gone. Most people are fine with Microsoft Defender. Better yet, just switch to Linux to avoid most malware.

Thanks for the heads up OP! This is an important reminder. Zero day flaws in Chrome’s GPU/ANGLE components are no joke, especially for anyone using wallets, trading platforms, or handling sensitive data in your computer. Since attackers can exploit this through malicious web content to run arbitrary code, updating to the latest patched version is the safest move. Keeping browsers up to date should always be a priority, but in cases like this it’s absolutely critical so everyone must be aware or else this could lead bad for anyone.
A good method for avoiding exploits is to not use the same machine for surfing. If you only access the same links that you need for wallets, trading platforms and such through bookmarks the likelihood that you will get hacked this way drops down significantly. There must exist a big vulnerability such as this one but also at the same there must be a hack on one of the websites that you are using at that time. Very low chance I think.
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Board Economics
Re: We're experiencing the least volatile Bitcoin bull market ever.
by
coyhasmon
on 30/08/2025, 12:29:05 UTC
Not only is the title still a fact. But the 30-day volatility actually registered a new low not only for 2025, but also for all the period since mid-2023: 0.96%.
Just wow. At what point do we seriously stop calling Bitcoin a volatile asset and reject anyone's claims that it is? This is pretty impressive already.

It is likely that the order books are "thicker" and the liquidity higher when the price is higher, but it is not guaranteed. In the altcoin world for example you have very liquid coins (which tend to be more stable) with a relatively low market cap and others with less liquidity, a higher market cap, and probability of stronger price swings. I can search for concrete examples if someone is interested.
That's right. Market capitalization and liquidity are entirely separate thing. They are often correlated, but they are separate. Where we will see a lot of improvements in Bitcoin's liquidity is when it can absorb a lot of panic selling without the price going down much.
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Board Economics
Merits 3 from 1 user
Re: Trump and the pressing rate cut
by
coyhasmon
on 30/08/2025, 12:25:45 UTC
⭐ Merited by fillippone (3)
yeah,, Trumps strategy is aggressive & destabilising however the Fed has not given up power.  Investor trust still depends on independence.
Hopefully, but I am losing faith: why Powell, who is going to retire soon anyway, chose to open for a rate cut in September? I could understand the members of the board, who need to be re-elected, but JPOW?
There is nothing wrong with doing a rate cut. You keep repeating that it is bad without any substance. The world is not going to be destroyed because of a small rate cut.

He could have signaled a total independence of the FED from the WHite House, which is by far more important, in the long run, than a mere 25 bps cut.
There is no independence, it is just a theater for people who are naive.
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Board Economics
Re: Trump and the pressing rate cut
by
coyhasmon
on 20/08/2025, 12:41:54 UTC
Quote
You should not speak on the matters of US if your knowledge is very limited. The case just means that Trump can't dismiss Powell for not liking the way his nose looks or because the weather is very rainy today. In practice it means very little. It leaves a very open field on what for cause means, and they can easily argue this in many ways as it includes any number of things from incapacity, misconduct, neglect and so on it goes. The only practical difference is that Trump must make an argument for a cause, rather than just dismiss him at will without any recourse.

When at cause things are left open to interpretation they are mostly a formality and not a limit of power. It is not a clear case of anything and clearly you don't understand anything about the US.  Smiley

And if you read my first comment, you will also notice where I talked about such being part of the limited options the president has over the power to remove the chairman, which includes if he's not effective in his duty and if he's doing things based on his personal interest and not for economic benefit, then the president can present a case against him; if it's valid, then that can be used to remove a seating chairperson from office, and not just like he can seat and declare/replace him without any backing.
Mate, just give it up. You were wrong and continuing to fight a case as an outsider to the US will not abolish you from your errors. You read these things thinking that you understand it, but the words merely pass through your brain. The US is a very special place where things happen in certain ways, ways in which foreigners can never understand. That is why you believe that a for cause thing is anything else but a formality. Quite the clown you are.  Smiley
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Board Economics
Re: Trump and the pressing rate cut
by
coyhasmon
on 19/08/2025, 19:27:59 UTC
That option that the US president has to remove the Fed chair is limited, which means that a man like Trump – if there was much for him to do in his power – could have replaced Jerome Powell long ago instead of badmouthing him long ago, as that one is not on the same economic path. By law, Trump can only take action against him if he has done anything based on his own personal interest or is not effective on duty.
Wrong, another post by someone who does not live in the US or understand its law. Trump can remove Powell by tomorrow. This would cause a short term negative market reaction, which he does not want. That is the only reason why he does not do it. It has nothing to do with his ability to do it, he has the power to do it.

I don't need to live in the US to read about US law, and I also don't need to be a US citizen before I can read about "Humphrey's Executor v. United States (1935): Presidential Power and Independent Agencies", which was a clear case where supreme courts cleared the air of presidential power over independent agencies like the FED. Or has such a law been revoked in the US that I'm not aware of?
You are asking bad AI agents for shit information before posting, that is your problem and a problem of many people on this forum. You should not speak on the matters of US if your knowledge is very limited. The case just means that Trump can't dismiss Powell for not liking the way his nose looks. In practice it means very little. It leaves a very open and clear field on what misconduct or incapacity means, and they can easily argue this in many way. The only practical difference is that Trump must argue a cause, rather than just dismiss him at will without any recourse.

When at cause things are left open to interpretation, they are just a formality not a limit. It is not a clear case of anything and you don't understand anything about the US.  Smiley
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Board Bitcoin Discussion
Re: your bitcoin is not yours.
by
coyhasmon
on 19/08/2025, 16:30:39 UTC
I agree. 20% per year is good for everybody. But i would like to get 20% every year. I don`t sure that if i would by BTC today, i would get such percent. It`s cost is too high as for me.
20% per year is a dream percentage, most people fail to make 5% per year. Don't joke around these things with made up numbers. Most people don't even make 2% per year consistently.

And i know myself, i`ll sell when it would be x2-x3.
Then you are better to deal with altcoins, Bitcoin is not for selling.

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Board Bitcoin Discussion
Re: "Bitcoin's Security Budget Issue" - Educational Website By BlockChair
by
coyhasmon
on 19/08/2025, 16:20:10 UTC
Let's see how to think about this. The price has always kept up to date with sufficient increases, so what should I think? That's right, it is going to be a problem soon time to panic!!  Roll Eyes Are you a teenager?
As much as people want Bitcoin price to keep rise drastically (in this case, at least twice every 4 years), "Past Performance Is No Guarantee of Future Results".
That statement completely missed my argument. With people like this there is no solution except wasting time on things that they believe are true. If there are indications of a problem, panic. If there are no indications of a problem, also panic.

It is unfair to call it FUD, lol.  Leading voices like Nikita Zhavoronkov, the developer of Blockchair, are legitimately concerned and are calling for continued high fees or even protocol changes to maintain security, while Pierre Rochard minimises the problem by claiming that rising Bitcoin prices offset declining rewards.

Listen, dismissing Bitcoin security budget as FUD is lazy, its security budget is real.  We are in a cycle of halving subsidies, which means that 51% attacks become more affordable if fee markets do not change & miners hash power drops.
Of course it is FUD, because it is based on several false assumptions and fearmongering plus a mixture of scam ideas from altcoin land. Who the fuck is going to attack the safest asset in the world with the most hashrate ever in its history? Who says that the security budget must infinitely grow? You are out of your damn mind.
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Board Economics
Re: Trump and the pressing rate cut
by
coyhasmon
on 19/08/2025, 16:13:47 UTC
Even if they are been chosen by the US president their duty is not to serve their personal interest.

FED duty is to serve the interest of economy in their country and President is out of scope of any administration.

But somehow we cannot deny that their our corrupt officials out there have debt of gratitude towards their appointments gotten from the President. So hopefully the chosen official have right or solid principles and cannot be controlled by anyone.
Will you stop repeating this average person shit? The FED has not been independent for a longer than you have been alive. The first consideration is always political and a power play, economy is secondary. Thinking that Powell has the economy in his heart, how stupid one must be.  Roll Eyes

That option that the US president has to remove the Fed chair is limited, which means that a man like Trump – if there was much for him to do in his power – could have replaced Jerome Powell long ago instead of badmouthing him long ago, as that one is not on the same economic path. By law, Trump can only take action against him if he has done anything based on his own personal interest or is not effective on duty.
Wrong, another post by someone who does not live in the US or understand its law. Trump can remove Powell by tomorrow. This would cause a short term negative market reaction, which he does not want. That is the only reason why he does not do it. It has nothing to do with his ability to do it, he has the power to do it.

Has anyone correlated this with the historical data that people have? Like past rate cut cycles and their effects, such as the 2008 crisis or those in the 1970s? The long-term impact on the economy could be devastating, and, as others have noted, it could trigger a market crash. I agree that it's better to have something to diversify into, like Bitcoin.
Nobody in this thread has any data on anything tbh.
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Board Beginners & Help
Re: Testnet Tips for Using Bitcoin Without Risk
by
coyhasmon
on 19/08/2025, 16:09:33 UTC
It's true it's initially created for developer, but i don't see anything wrong used for learning/testing purpose by non-developers assuming they follow well-written guide or have someone guide them directly. Besides, I've seen other thread where they claim they use testnet to teach people how to use Bitcoin.
Supervised learning is an entirely different matter and new users should never be encouraged to use any testnet without proper guidance. Most people have a limited learning capability. Using this up by teaching them about testnet addresses, coins and networks in general is a waste. If they end up getting hacked or losing their funds on mainnet shortly afterward, what was the point? It is better to spend this capacity to educate them on safely using Bitcoin.
I was thinking something more practical (e.g. create new wallet, make backup, create transaction and restore wallet from backup) rather than theory aspect. I also agree about teaching safety of using Bitcoin, although it partially covered by common digital literacy.
I agree with you, I am sorry I was replying to a combination of your posts and from other people at the same time. Many people were rushing to support people playing around with testnet coins first when it is not the recommended practice. Very few users of Bitcoin have started their journey this way. I have never heard of one or met one online that started with the testnet.


Not to mention the fact that introducing fake Bitcoin coins with zero value to people who see Bitcoin as fake money is quite misleading. Teaching them with worthless testnet coins can reinforce skepticism and incite confusion.

It is clear to you and me what is Bitcoin and the difference between networks. Do you really believe it is smart to introduce to people who can't even grasp 1% of the existence of the magic internet money its testnet, a valueless copy of Bitcoin?
At very least, i don't think it's wrong approach when it meets one of condition i mentioned earlier with assumption they're patient enough to understand the well-written guide or guided by actual knowledge person.
[/quote]
Yes.
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Board Economics
Re: Trump and the pressing rate cut
by
coyhasmon
on 16/08/2025, 16:53:24 UTC
If Trump sabotages this, it will be very difficult to revert and offset the negative effect.
Bad for the USD, good for bitcoin.

Pure Tyranny. There need to be some check and balances and some office should remain independent of the government.
There is no such thing, don't be a gullible little kid and believe what you are told.

There is not a single thing or institution that is independent anymore, everything is political and biased. Wake up, you are living in a fantasy that does not exist anymore for decades.
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Board Economics
Re: Trump and the pressing rate cut
by
coyhasmon
on 16/08/2025, 13:59:37 UTC
The US will lose some grounds in the global economic space if it becomes obvious that these important agencies are now under the control of the presidency.
I think it is already lost. China has taken over the world. For example the Chinese manufacturing exports are already higher than US + Germany + Japan.


This would also explain why they are getting more desperate to cut the rates. Recession is killing production and they wish that by cutting rates they can help it improve...
This desperation is palpable in all of other Trump's actions as well.
And whose fault would that be? The President that is in office less than 12 months?  Roll Eyes They should be really ashamed of themselves for not fixing the whole country already, how incompetent!  Cheesy

For example the recent meeting with Putin in Alaska. 2 psychos met and Trump basically sold Ukraine and Europe out just so he can focus elsewhere (specifically Asia, working from West toward East).
Ukraine is a corrupted shithole, that is not part of this topic. You can go in the politics board.

Ukrainians' reactions in their social media were funny when they saw US military (red circle) do this for Putin:

Doing what, their job?
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Board Beginners & Help
Merits 1 from 1 user
Re: Testnet Tips for Using Bitcoin Without Risk
by
coyhasmon
on 16/08/2025, 13:14:12 UTC
⭐ Merited by ABCbits (1)
The best way to learn is by practicing, therefore, for anyone who wants to try BTC, it is a good idea to practice & understand through the testnet first.
No, it is not the recommended way don't make shit up. Bitcoin is hard to use already and learning about testnets, switching wallet configuration and whatnot will definitely lead to funds loss. All it takes is for the user to make a mistake once, confuse the testnet with the mainnet coins and send his real coins to somewhere where he can't recover it. Terrible advice.

Testnet is only for developers, always has been.
It is not possible to send testnet coins to a real bitcoin address.
That's not what I said so your correction is not rightfully placed. Do you think that people don't mix up addresses regularly? They don't even know bech32 or taproot addresses, let alone differences between networks.

You are mixing things up. Bitcoin wallets isn't hard to use, I think they are the easiest without any complication, elelctrum is even the easiest of them. The only responsibility you have to take is to make sure your seed phrase is properly back up and that's it. You hardly see someone playing around testnet coins because they hold no value, they are mostly used for testing the network and maybe built some kind of applications or if the developer want to test one or two things.

Regarding confusion of sending Bitcoin from mainet to testnet, it's not possible. All Bitcoin testnet wallet start with some special characters to help differentiate between testnet and mainet wallet. Legacy wallet testnet start with m or n character while segwit start with t character. You either see something like this mhjdheuwond.... Or nkdqtbdnsk and segwit with tbq1..... or tbp1.... You can see that it's easy to spot t character in the testnet and absence of c character from the testnet, if you want to send Bitcoin to this address the wallet will say it's invalid.
Of course it is possible to make a mistake, you idiots don't know what I wrote and are responding to nothing.

That’s why topics like this one are useful as they can guie newbies and show them the best practices when using the testnet.
Newbies should never in their life touch a testnet of any coin.
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Board Bitcoin Discussion
Re: "Bitcoin's Security Budget Issue" - Educational Website By BlockChair
by
coyhasmon
on 16/08/2025, 13:11:13 UTC
Security Budget  is just another FUD  , like quantum computers or claims that if you hold Bitcoin, you’ll get kidnapped. Security Budget  issue doesn’t really exist, it’s just FUD spread by shady shitcoin promoters who say, Bitcoin has a security budget problem, buy my shitcoin instead.

If you dive a bit deeper into this rabbit hole, you realize that the “Security Budget” problem doesn’t actually exist. Pierre Rochard explained it perfectly a few days ago on Twitter,there’s no real issue with Bitcoin’s security budget.

https://x.com/BitcoinPierre/status/1956151795287515230


I believe not. We might start seeing that as a real issue if Bitcoin's price doesn't increase high enough after each halving. If the price doesn't keep up, we probably have two more halvings before the community gets into another serious debate like the Block Size Wars on the road to SegWit. Cool

But if you truly believe it's merely FUD, OK.

  ¯\_(ツ)_/¯
Let's see how to think about this. The price has always kept up to date with sufficient increases, so what should I think? That's right, it is going to be a problem now!!  Roll Eyes How stupid are you dude?
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Topic
Board Economics
Re: Trump and the pressing rate cut
by
coyhasmon
on 15/08/2025, 18:48:53 UTC
Two Fed’s board members, Christopher Waller and Michelle Bowman voted against keeping the interest rate steady in the last meeting. Which shows that they are on Trump's side. With the unexpected resignation of a member Adriana Kugler, Trump will appoint his loyalist thereby controlling almost half of Fed’s board membership. With one more member on his side, he would assume full control of an important board that is established to be independent.

Having the board of the Central Bank, an institution deemed to be independent, targeting its own mandate, without intrusion from fiscal authorities, is of paramount importance when looking at the long-term sustainability of the US economy, through the sustainability of its debt.
If Trump sabotages this, it will be very difficult to revert and offset the negative effect.
Bad for the USD, good for bitcoin.

There is not a single thing or institution that is independent anymore, everything is political and biased. Wake up, you are living in a fantasy that does not exist anymore for decades.
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Topic
Board Economics
Re: Trump and the pressing rate cut
by
coyhasmon
on 15/08/2025, 16:33:16 UTC
None of them are getting a second mandate. Ya'll crazy to believe this is actually about fighting inflation. Do you really think that a 50 points cut too early can destroy the economy?  Cheesy That's some nice brainwashing right there.
Of course it is not about the inflation.
If it were for the inflation, FED should hike rates.
It’s about the liquidity, and the market going up only. This is the reason why the White House is pressuring the FED: it’s all political.
And a bad situation for the USD, either way.
They should not hike the rates, what are you on about? Other countries have slightly lower inflation with much lower rates. Why should the FED act differently and make America at a disadvantage globally?

The only reason the FED could cut rates is the political pressure from the White House. Powell's problem is that he has to have the Board of Governors on his side, but sadly, they are concerned about re-election.
Two Fed’s board members, Christopher Waller and Michelle Bowman voted against keeping the interest rate steady in the last meeting. Which shows that they are on Trump's side. With the unexpected resignation of a member Adriana Kugler, Trump will appoint his loyalist thereby controlling almost half of Fed’s board membership. With one more member on his side, he would assume full control of an important board that is established to be independent.
Like I said, people are delusional thinking that Trump will lose after winning everything short of the scam COVID elections with millions of dead voters. He has won every battle in one way or another. This does not mean that he won every court case but overall he's coming out a winner. Just look at what they are now trying to do with the Epstein lies, when Epstein was a big Democratic donor.  Roll Eyes The FED rates are going down, it is just a matter of when exactly but overall it will be soon.
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Topic
Board Economics
Re: Trump and the pressing rate cut
by
coyhasmon
on 15/08/2025, 15:24:37 UTC
Is Trump right to pressure Jerome Powell to cut the Federal Funds Rate?
I don't think it really matters. This whole thing looks more like a political fight between parties with conflicting interests. The rates won't change much. But right now since Trump has managed to force the Arab dictator to increase production and lower the oil price, his speculation is inflation coming down so he is pushing for lower rates to battle the recession.
The rates are coming down one way or another baby, that is what you don't understand here. Either Powell does it willingly or he is out, the latest by May. There is no chance for him otherwise. It is not a matter of if but when.

He has already cut the funding for far more important stuff like universities budgets just because students were protesting against him...
They were protesting regarding Israel and Palestine, not trump. Do you have CNN turned on 24 hours in your home? Don't make shit up.
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Topic
Board Beginners & Help
Re: Testnet Tips for Using Bitcoin Without Risk
by
coyhasmon
on 15/08/2025, 15:22:09 UTC
The best way to learn is by practicing, therefore, for anyone who wants to try BTC, it is a good idea to practice & understand through the testnet first.
No, it is not the recommended way don't make shit up. Bitcoin is hard to use already and learning about testnets, switching wallet configuration and whatnot will definitely lead to funds loss. All it takes is for the user to make a mistake once, confuse the testnet with the mainnet coins and send his real coins to somewhere where he can't recover it. Terrible advice.