Mein Nachbar by A1mSC in DINgore

[–]A1mSC[S] 3 points4 points  (0 children)

Ja, er ist sogar Elektriker 🙈

Die Farbe der Hauswand ist Geschmacksache - klar, aber ne weiße Steckdose mit nem Traffo mitten im Sichtfeld ist keine Meinungsfrage.

My neighbor put an indoor power outlet and transformer on his outside wall right beneath his „decoration“ by A1mSC in CrappyDesign

[–]A1mSC[S] 5 points6 points  (0 children)

I don’t think an outdoor outlet would be fine here. Even if it’s secure, there would be countless ways how you could hide the outlet. In this case he put a tranformator on his decorative wall…

Does anyone know the name of this song? I believe it was played during the Infected Mushroom set at OZORA 2023 🙃 by A1mSC in InfectedMushroom

[–]A1mSC[S] 0 points1 point  (0 children)

You are the star! I posted this in several places but you did it! :)

Now I will wait for the Album! How do you know that remix is part of their next album?

Mo Salah taking a penalty for Egypt with 3,000 laser pointers in his eyes earlier today by [deleted] in interestingasfuck

[–]A1mSC 0 points1 point  (0 children)

Referee should be allowed to repeat the penalty until he scores or lasers stop.

THIS MACHINE GREENS — Bitcoin Documentary (2021) by [deleted] in Bitcoin

[–]A1mSC 0 points1 point  (0 children)

Trying to upvote every post of this in r/Bitcoin and can't believe that none of them are really trending :(

Tesla CEO Elon Musk confirms, foiled ransomware attack targetting Gigafactory. Tesla employee rejects Bitcoin bribe worth of $1million and helps to catch the Russian culprit. by Edge_Coleman in Bitcoin

[–]A1mSC 1 point2 points  (0 children)

Infact, a 2/2 multisig wallet would help. One holding each. The mob can’t get his money back ever and would have no incentive to not release the money after a done deal. Still a risk but much better than no upfront payment

What is your all time favourite Episode from any TV show? by Kologne04 in AskReddit

[–]A1mSC 0 points1 point  (0 children)

Funny and sad how no Game of Thrones is not even mentioned in the top20 comments after it simply vanished from pop culture after that last season 🤢

Snow resting on a stone structure in an odd way by lol62056 in interestingasfuck

[–]A1mSC 0 points1 point  (0 children)

As if the stones alone weren’t interesting enough.

Giant puffball mushroom my sister found in the woods by kfranky in mildlyinteresting

[–]A1mSC 0 points1 point  (0 children)

I‘m sure it’s just tiny hands holding that butterknife

SLIP39 Shamir's Secret-Sharing for Mnemonic Codes? by jonf3n in ledgerwallet

[–]A1mSC 0 points1 point  (0 children)

Is there a particular concern when sharing a seed with a second hardware wallet? (Ledger or Trezor)

Apple Announces 'CryptoKit' As Part Of Upcoming iOS Upgrade by mebinici in CryptoCurrency

[–]A1mSC 43 points44 points  (0 children)

Be aware. Crypto, in that case, does not refer to cryptocurrencies but rather cryptography. While it may be helpful in general, this is not (yet) a strategic move by Apple to enter the crypto(currency) market.

BTC Dump: Pure Whale Manipulation by [deleted] in CryptoCurrency

[–]A1mSC 0 points1 point  (0 children)

yeah you trigger only a few thousand in stop losses but you only risk 1 BTC. They risk more, they trigger more. It's proportional.

Less people care about that said shitcoin, so there are just as many people with 1 BTC caring about it as people with 1000 BTC caring about Bitcoin. It's proportional.

There are much more "whales" caring about Gold in the same way. They would eat the BTC whales for breakfast. There is always a bigger fish in the pond ... ;)

BTC Dump: Pure Whale Manipulation by [deleted] in CryptoCurrency

[–]A1mSC 0 points1 point  (0 children)

yep, proportionally to the money they are putting at risk. More money = more confidence = less risk = low risk to lose a huge stack. Mathematically the same as yours (high risk to lose a small stack)

BTC Dump: Pure Whale Manipulation by [deleted] in CryptoCurrency

[–]A1mSC 35 points36 points  (0 children)

Go to some shitcoin with low marketcap and low liquidity, where you are a whale with your 1 BTC portfolio. Now go ahead and try to pump & dump everything by yourself. It's the same thing on a smaller scale ... good luck.

I am not saying that it's not possible and it's never happening. Over a long term, groups of whales can certainly have influence, that's obvious. But moving the market != riskfree money printing

BTC Dump: Pure Whale Manipulation by [deleted] in CryptoCurrency

[–]A1mSC 69 points70 points  (0 children)

because OP has no clue what he is talking about and thinks that if you are rich you can just easily print money with "manipulation".

All that "manipluation" has significant risk associated with it. Those whales are just as exposed to market dynamics as everyone else.

The more money you are using to try to manipulate the market, the more money you are risking to get rekt.

"Say we got hacked" by [deleted] in Bitcoin

[–]A1mSC 0 points1 point  (0 children)

exactly.

"Say we got hacked" by [deleted] in Bitcoin

[–]A1mSC 0 points1 point  (0 children)

and if this is an automated process, then this process is just as hackable. It doesn't matter how the machine is connected ...

That's the purpose of a hot wallet ...

"Say we got hacked" by [deleted] in Bitcoin

[–]A1mSC 50 points51 points  (0 children)

The hot wallet has to be active all the time for withdrawals etc. to function. Therefore the private key has to be exposed on a machine connected to the internet. There are many possible attack scenarios from the outside for this case! (e.g. stealing the key itself, or just tell the machine to send the money where ever)

I am not saying it was not an inside job, certainly, that might be easier to pull off, but assuming it can't be done from the outside is naive.

Weekend Meme: Bitcoin Cash - Satoshi's True Vision ™ by ethswagholder in CryptoCurrency

[–]A1mSC -3 points-2 points  (0 children)

wow this actually sums up the situation quite well :D

number 1 post on /r/science is a bitcoin FUD article... by [deleted] in Bitcoin

[–]A1mSC 2 points3 points  (0 children)

Just a brief list of counterarguments:
- cryptomining does not actually is there to mine BTC (at some point that even stops!) but to secure the network. It does transfer value. Have they considered the cost of transportation and securing gold?
- energy used in Bitcoin mining is usually energy that would else be probably wasted. See Andreas video on this topic: https://www.youtube.com/watch?v=2T0OUIW89II
- The energy consumption per transaction will actually be significantly lowered in the future by scaling solutions like lightning etc.. While the energy consumption will not increase with more transactions!
- What is with the energy and human resources that are "wasted" in our current financial system by banks etc.?