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Showing 20 of 273 results by notocactus
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Board Beginners & Help
Re: Make Necessary Research Before Posting a New Topic.
by
notocactus
on 02/04/2025, 19:54:55 UTC
So as a newbie, you should understand that most of the new things you learn about Bitcoin are already known to over 85% of members of the forum and as such, it must have formed a topic that was created and discussed on the forum by someone else which is why it is very important you make use the search button to research about any topic you intend to create here before posting.
Three following topics can help.

To sum up, newbies need to read before posting, learn before posting to teach other members including newbies in this forum. They need to learn of using searching well, because with efficient searching, they will be able to read and learn better.
Post
Topic
Board Bitcoin Discussion
Re: Electrum - Watch only
by
notocactus
on 02/04/2025, 20:00:52 UTC
My friend did get a email from
Code:
contact@electrumsupport.co
This email address is scam, because the Electrum wallet website is https://electrum.org/. Any official email from Electrum wallet software must has electrum.org
in email address.

Quote
They said That he has bitcoins at one "watch only wallet". He did lose some money to a scammer before, but they say he can get it back now.
It's scam too.

A watch-only wallet does not contain private key, and you only can access Bitcoin if you have access to its private key. Nobody can spend bitcoin with a watch-only wallet, and nobody can reverse Bitcoin blockchain to get stolen bitcoin back to victims of scammers.
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Topic
Board Gambling
Re: Sportsbet.io- NBA Star Tristan Thompson teams up with Sportsbet.io
by
notocactus
on 02/04/2025, 20:10:12 UTC
It was amazing Copa del Rey Semi-final match yesterday  Shocked
I expected easy win for Real Madrid but Real Sociedad was so close to qualify and they had 1:3 result until 80' minute of the match!
Than Real finished everything in extra time, but 8 goals in this match was fantastic.
Now they are waiting for Barcelona or Atletico Madrid in Copa del Rey final.
Real Madrid shown it many times and playing with them means a lot of pressure for their opponents. Scoring and leading one or two goals against Real Madrid, or sometimes three goals, is not guarantee a win because Real Madrid can equalize or come back and flip the result later and within several minutes.

This semi final match is a latest example on this ability of Real Madrid and they have many good players with abundant experience, strong mentality and ambitious to make impressive comebacks.

Real Sociedad managed to put pressure on Real Madrid and who would have thought they could put such great pressure on Real Madrid. One of the reasons they were able to do it was because this season Real Madrid has not been so good overall so they look easy to penetrate by opponents.
They played well, nearly beat Real Madrid but they lacked of focus in very last minutes and they had to pay it with a loss eventually. It's a painful loss that can be a lesson for Real Socidead for their next seasons. They are rising in La Liga recent seasons and potentially their club can grow up more in future if they can maintain good development strategy and players can absorb lessons like this one well enough for their own improvements.
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Board Gambling
Re: 🚀🚀🚀 bet105.ag | Best Odds in the Game | Low Juice & No KYC 🏈⚾⚽🏀⚾
by
notocactus
on 03/04/2025, 16:33:05 UTC
I tried to have some fun for my weekly gambling activities on bet105, unfortunately my location is restricted, I want to know if there is a possibility that unsupported locations still have a chance in the future? Or using VPN isn't against the casino rule, anyone facing the same?
I can visit bet105.ag with Tor to check their ToS. They have a term 4.1.9 about restricted locations but it's too general. I am unsure that your country belongs to FATF Countries list but you can find it there.
https://www.fatf-gafi.org/en/countries/black-and-grey-lists.html

Bet105's Terms of service.
Quote
4.1.9. If you are residing in any of the Restricted Countries, FATF Blacklisted countries, including Russia, Ukraine, India and UK.

About VPN, I can not find anything.
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Topic
Board Gambling
Re: 🎲BetFury.com|🎰Sign up & get Welcome Bonus up to 590% + 225 FS
by
notocactus
on 01/03/2025, 11:43:56 UTC
I think the reason isn't the lack of community support or the fact that the casino is not ready to spend a huge amount on listing. Personally, I think the point is that any gambling token might be an "inconvenient" token for centralized exchanges because of various restrictions from regulators.
Regarding Betfury, the listing on CEXs has been discussed here many times, and I think it is obvious to all users that the Betfury team isn't interested in listing BFG on CEXs at the moment.
It's not the reason or main reason if you know a fact that centralized exchanges in last two or three years have been becoming very surprisingly "friendly" with meme tokens, and if you know that many meme tokens are accepted on gambing sites too.

I of course am not a lawyer to understand about laws and regulations, but I think it is almost the same, again let's say it's in my stance, if you launch a token for gambling purpose initially then expand it with more use cases, and if you launch a meme token for some non-gambling purposes and later it expands to gambling use case, it's not much different.

I surely don't know about what lawyer will say in these opposite cases, but with me I see them as nearly the same, and centralized exchanges can list gambling token if they want.
Post
Topic
Board Trading Discussion
Re: Trading bitcoin what do you use
by
notocactus
on 02/03/2025, 10:27:45 UTC
Plus in futures "trading", there's a fee to pay for funding every hour, every four hours, or every eight hours depending in the exchange. That's money taken from you, and a sort of house edge added to the exchange because any reduction to your potential profit is a reduction of your edge.

If you trade futures with no leverage, that's laughable. You should trade the spot market because you won't need to pay for funding.
You pay extra funding fee by holding your position longer but there is time for funding fee reset and market reset too. It isn't worthy to pay more fees while your risk will become bigger with time by holding your position and don't mind to close it, and wait for chance of opening a new position.

Exit the market, closing your position if it is no longer good, it can help you to save unnecessary trading and funding fee but more important it can help you reducing risk, and control your capital better. With a capital that is defended well, not loss or small loss, you will have other chances in this market to get profit and cover this small loss.
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Topic
Board Gambling
Re: BETMODE: First Web3 Casino with Full Transparency Bankrolls!
by
notocactus
on 05/03/2025, 17:16:49 UTC
I guess you do not participate in casino contest a lot or maybe you are type of gambler who have decent bankroll so you can beat all competitors in a contest easily and take the prize yourself, that's why you can say that gambler do not care about second or third place.
Imagine if you are an owner of casino and you provide contest with 1 prize only and since the contest started, there is 1 player who is dominating it with a big gap with the other players.
It is more risky to join contests that have only one prize for a first competitor in final rank. Such contests are less attractive for participants and honestly I have never seen any such only one first position prize in any gambling site or any contest hosted in the forum or in real life like any award (Best scorer, Ballon d'Or and similar ones).

It can be awards for first three positions and even more than that for lower positions like top 10. It will give more chances for participants to win something from small to big awards and such contests are more attractive.
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Topic
Board Bitcoin Discussion
Re: Passphrase + seed = requires 4 houses for a backup? Isn't it too much?
by
notocactus
on 16/03/2025, 14:02:59 UTC
Cloud storage is the worst way to save secret thing, it's better the passphrase is easy and can be memorize, but you have to have another backups in order to prevent if you failed to remember the phrase.
Saving your wallet seed in cloud storage service and account is not different than storing your bitcoin on online platforms. They are both very bad and dangerous ways of wallet backups.

Reminder: do not keep your money in online accounts

I just think why make it difficult to save the seed and passphrase? That will make us need to remember where we keep those things. My approach is to save those things in something that I can monitor. Keeping in 4 locations makes me difficult to watch closely because I need to go to that place and make sure that it is safe.
This practice is sort of seed splitting for your wallet backups. It's not recommended and it is considered as very bad idea for wallet backup.
Bitcoin Q&A: Why is Seed Splitting a Bad Idea?
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Topic
Board Beginners & Help
Re: Beware of Telegram Username Scam
by
notocactus
on 13/03/2025, 08:47:55 UTC
There are scams where you might accidentally click on harmful links, as well as those that use malicious software like Trojans and viruses. However, the type of scam where a stranger offers you a too-good-to-be-true deal or money is what I call a "fool's scam."

Greedy individuals are often the ones who fall for these scams. If you haven’t worked for something, you shouldn’t expect to receive payment for it. This concept is quite simple, yet many people cling to unrealistic dreams, believing that a miracle will come to change their lives.
Scammers create scam traps that are for greedy or over greedy people who are attracted to and stucked with those scam traps. They won't be trapped and scammed if they're not greedy or over greedy.

People who are not greedy or over greedy, can easily smell that something is wrong with "too good to be true offers". They don't need anyone help to smell scam risk with such offers and by being carefully as well as control their greediness, they will mostly avoid scams.

Greedy people who are greedy enough, lazy enough are most favorite targets of scammers and more likely become victims from scammers with such offers. If they won't change themselves, they will be victims from time to time, from one scam method to another one. If they can change themselves, they can be more knowledgeable, careful and no longer greedy to be easily scammed.
Post
Topic
Board Meta
Re: Save to Draft interval
by
notocactus
on 20/02/2025, 16:26:05 UTC
I think there are already scripts developed to autosave your posts as draft, I will check if I can find it because that should be the second way of saving a post as draft.
It was shared above, and you did not read several replies above, didn't you?

Reading only a topic title or the first post, then jump to reply it instantly without intention and time spent for reading previous replies, is very bad posting style. Sometimes issues were solved by previous posts/ answers and you don't no longer need to make your reply if information is only repeats of what already posted.
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Topic
Board Bitcoin Discussion
Re: Sincerely, do you guys think that Bitcoin mixers are bad?
by
notocactus
on 26/02/2025, 18:06:59 UTC
I have been battling with this thought in my head since yesterday after I came across this topic (https://bitcointalk.org/index.php?topic=5533144.msg65099774#msg65099774) and that was the reason I decided to raise this discussion.
You knew about that thread, and it has yet been locked, so why did you not continue your discussion there rather than creating this topic?

I see this topic is not necessary while there is another previous thread for discussion about mixers and their reputation. You know reputation implies about bad and good things from mixers, how governments and communities think of mixers.

Quote

But question regarding my thoughts yesterday is that, do you guys sincerely think that mixers are bad and should not exist?
Good or bad, it's just fine and there is nothing absolutely good or bad, and nothing is only used by community for good or bad practice. There are always black and white, good and bad and mixers serve both.
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Topic
Board Gambling
Re: 🐳 Whale.io - Casino & Sportsbook 💰 Daily Cashbacks 💰
by
notocactus
on 27/02/2025, 15:34:16 UTC
When Haaland is missing, Manchester City's offense is actually much more harmless.
Haaland is more harmless in this season and in the match with Newcastle United, he shown his harmlessness in many situations and wasted opportunities. One goal scored in the match does not mean Haaland did his job too well.

Yeah, Omar Marmoush is still adapting to the team and it is a big shoe for him to fill whenever Haaland is unavailable, like against Liverpool for example. However, Haaland was fit to play and it was his goal that gave City the win against Spurs, big win for them as they fight for top four. By the way, sorry to Arsenal fans, you guys are no longer in any title race with Liverpool, it is officially over, the league is Liverpool's.
Marmoush is an attacking player with different style than Haaland, those two players can support each other well. It can be a classic combination between a striker and a forward with Marmoush can be used at the forward position and Haaland at a striker position in Manchester City. Manchester City have very flexible tactical operations but I believe that in the center or two swings of their attacking system, Marmoush with his skillset can support Haaland very well.

He in fact needs more time to adapt to Manchester City tactics and his new teammates. A next season will be promising for a combination of Haaland and Marmoush.
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Topic
Board Meta
Re: This AI case makes me think
by
notocactus
on 05/03/2025, 17:43:41 UTC
I used to have negative stand against AI but I have started to learn that it is a good tool.
AI is a very good tool and saves your time but you have to be knowledgeable enough to assess quality of content, advice from AI tools.

AI is good in a way it does not add any emotion, human bias to their content, that's better in many cases for example analysis right and wrong of JD Vance, Trump, and Zelenskyy in a White House Diplomatic show days ago. I don't want to go to political discussion here, it's just an example from neutral and non biased opinion from AI tools. Except if that AI is manipulated by the owner like how Google and Facebook were biased.

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But when someone is trying to copy and paste the an entire article without giving it a personal touch then it is bad. I guess are real reader can get the sense once they read the post/article. When it senses an AI generated text then eventually the article lose it's value of reading.
But people have to use AI rightly, I agree with you. Using AI tools for your own learning, researching, resolving your problems is rightly but using it to simplify how you earn money from content generation is sort of unacceptable similarly to plagiarism that is not couraged and not allowed in forum.
Post
Topic
Board Bitcoin Discussion
Re: How can we position ourselves to maximize the influence of Trump on the Bitcoin?
by
notocactus
on 05/03/2025, 17:11:55 UTC
Follow his and Elon’s social media accounts on both truth and x, and don’t ignore the notifications. You gotta act very fast because many people are doing the same thing. Whenever elon twits something about doge, buy doge. It doesn’t really matter if he meant dogecoin or the government efficiently thing. Just but it.

Whenever he or Elon twits something about more tariffs, the markets don’t like what heard and the markets crash so you should sell some immediately so buy it again from a lower price.
I would say don't fall into their games.

You can think of their actions like manipulation in financial and cryptocurrency markets, and what do they want behind all these manipulations?
Like all market makers, they want to get money as most as possible, and they get if you panic sell for them to accumulate bitcoins at cheaper price, and later they pump Bitcoin price with news.

If you think about it, you will wait for bad news from them to do your accumulation, but before this you must prepare your capital for accumulation. Then wait for good news from them to take profit, that's easy.
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Topic
Board Gambling
Re: 🚀-Sportsbet.io-🚀 NBA Star Tristan Thompson teams up with Sportsbet.io
by
notocactus
on 07/03/2025, 16:00:57 UTC
Even if I'm honest, I thought they would lose this match because they were constantly attacked and they also couldn't create dangerous chances. I'm sure Arne Slot was also a little frustrated in this match because he saw his team lose the touch that made Paris Saint Germain very free to hold the ball. This will be a big evaluation that will be done by Arne Slot so that the same thing does not happen again in the second leg later where they will play as the host.
Before this match, I felt no chance for PSG to beat Liverpool but this match changed my mind. They actually played very well and created very big pressure on Liverpool as well as made many good shots and only failed to score goals because of Becker, the goalkeeper of Liverpool. They only lacked of luckiness to score first and win this match, but with this good performance, they can move to Anfield and play a second match with very good confidence.

I see mentality of PSG is very strong in the first match and with this, they can have a second good match, and if Liverpool are careless or play bad like a first match, a big shock will happen at Anfield stadium.

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Overall statistics of the games they played this season, then this is one of their worst games. I agree with you even though they won but I think it was a victory that was not apart from their luck. Even maybe if we only look at the match without looking at the score, then we will conclude that they lost by at least 2 goals. Or also Paris Saint Germain who experienced great bad luck so that from all the opportunities they created not a single goal they could create.
With Liverpool, this match is very terrible and can be considered as their worst match so far in this season. They played like a team in a relegation zone against a first team in Premier League, but who care because eventually they won it.

Now they only need to play well in a second leg, and secure this advantage to move next. With performance of PSG, I don't say this task will be easy for Liverpool but it is still easier than if they lose in Paris.
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Topic
Board Beginners & Help
Re: Question: How is Bitcoin helping poor people?
by
notocactus
on 07/03/2025, 16:07:32 UTC
I have never known that a Bitcoin is helping poor people; all I can say about it is that I know that many people and nations are benefiting from it, which is why it has become the most popular cryptocurrency globally. due to how people benefit from it, but I stated that it has helped the poor. This is the first time I heard that.

Furthermore, bitcoin can make a person become wealthy. This implies that if you have knowledge about how the bitcoin investment operates, it will help people turn what they didn’t expect within a few days because anyone who invested in bitcoin always got a huge reward in the future.
It's not mission of Bitcoin to help anyone richer. It is for everyone, and if the poor person can see potentiality of Bitcoin, learn about it, have good knowledge about it, then strong belief in Bitcoin, that person can do a last important step, invest money in Bitcoin. Also, by understanding well about Bitcoin, the person will hold bitcoin for a long time to get better ROI.

This is how a poor person can improve his finance with Bitcoin, but it's individual life and decision, so Bitcoin does not automaticallly help people getting richer. Bitcoin is here and what they do with their money, will decide that they will get richer with Bitcoin, or nothing will change.
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Topic
Board Bitcoin Discussion
Re: Devaluation of bitcoin as an option for massive adoption (Innovation).
by
notocactus
on 02/03/2025, 03:01:18 UTC
If you have your money ready for the process, you can use the same for all countries, but the processor to use will be different. If you have a little money you want to invest in bitcoin, you can first start with converting that money into USDT, which is one of the most popular pairs you can use, and then use an exchange or medium that is favourably available in your country. You can buy bitcoin with as low as $10, depending on the minimum trade amount of the exchange you use.
It's not the same in all countries because legality of Bitcoin is very different in many nations globally. With better adoption on Bitcoin, its legality becomes better recent years but it does not mean you can use bitcoins 100% similar in all or most countries.

Owning and storing bitcoin are easy and nearly same around the world, but if it is about trading, you might have legal issues with governments.
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Topic
Board Gambling
Re: Metawin Millionaire Season 2 Live | MetaWin.com | The First WEB3 Casino
by
notocactus
on 01/03/2025, 15:30:10 UTC
I gamble once in a while but to be fair, Metawin motivates me to gamble all the time and I don't mean light gambling, I mean hardcore gambling. I'm thinking of saving some money and buying Metawin's NFT to get some privileges and benefits.
Gambling in hard-core way, you must be very professional, experienced and skillful so that you can survive through your long gambling time. It's very easy to lose money through gambling and if you are not good at it, you will be bankrupted very quickly.

By surviving well after a long time of hard-core gambling, you are like a gambling enthusiast and also expert in this field.

Anyone have played the newly launched The Frogger game?
https://x.com/mememe69696969/status/1895547502251950276
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Topic
Board Beginners & Help
Re: Make Easy Money From Crypto
by
notocactus
on 01/03/2025, 15:37:40 UTC
You are talking here about trying to make a profit from investing in Bitcoin through long-term cold storage. Yes, this is the way that everyone imagines that they can make a profit through it, even if they do not understand the ABCs of the blockchain and how the Bitcoin system works. In fact, there are other people who benefit from Bitcoin as an electronic payment gateway. This system helped them launch their own businesses and achieve benefits from selling services online while ensuring the ease of making payments without the need to deal with banks and classic payment systems.
This can be very misleading and confusing.

I think it is more easier to understand by saying "Make profit from long term investing in Bitcoin", that's it. Investment in long term will help you to get profit with Bitcoin.

If you want to say more about storage method, and importance of cold storage method, talk about it separatedly will avoid misleading meaning in your message. Hardware wallets are good to use but buy them and use them properly too.

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[GUIDE] How to buy a Hardware Wallet the right way
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Topic
Board Trading Discussion
Re: Trading bitcoin what do you use
by
notocactus
on 01/03/2025, 15:22:02 UTC
OP, just Buy and HODL. There's not actually a need to "buy" then "sell". That requires that you out-trade the thousands of counter-parties in the market who are faster, smarter, richer, and who are better traders than you.

Denominate most of your capital in Bitcoin, zoom out, lower your time preference, and invest LONG TERM. Because 90% probability you might not outperform Bitcoin.
Buying is easy, but holding is very difficult with most people in this young market. With this market, fud can harm newbies a lot and with high volatility, people can easily feel panic and lose control very quickly in mass FUD days.

To be strong, people need to have deep knowledge about this market, how it works, how it survives well through fud and previous bear markets, and they also have to secure their bitcoin by themselves in non custodial wallets. Another thing is don't use leverage or futures trading, because when they use leverage or futures in trading, emotion will appear more intensively than with Spot trading or with investment, pluses liquidation risk from exchanges.

Holding your bitcoin is key to succeed and get profit in this market.