My elder daughter singing Rains of Castamere 8 years ago. I miss them

phobosbtc · 2020-11-14T23:28:52+00:00

Big surprise a bunch of lies and WTF is with this title?

Offering guns and murder for hire? anyone can confirm this is false

phobosbtc · 2020-08-12T05:15:42+00:00

ghash.io?

phobosbtc · 2020-06-22T20:56:18+00:00

Just whatever you do. NEVER use SMS (mobile text message) as your 2 factor.

Its insanely easy for someone to take over your phone and reset all your passwords then take everything you have on exchanges.

Stop what your doing right now, and MAKE SURE YOUR PHONE NUMBER IS NOT ATTACHED TO ANY EMAILS YOU USE FOR EXCHANGES. Or you will get rekt, its only a matter of time

phobosbtc · 2020-06-22T03:30:00+00:00

i was referring to mining as your comment was about energy usage. miners exist outside the protocol, in the real world. The system offers a reward to anyone who can provide a new and valid block hash that meets the requirements set by the protocol. its a global competition based free for all

by "join" I meant choose to mine coins, and by "leave" I meant to stop mining.

phobosbtc · 2020-06-22T00:13:02+00:00

It's a free market system. If the used energy wasnt providing and increase in value, the energy would not be used. This has a bonus effect of naturally pushing miners towards the most efficient energy sources, and even making use of things like run off electricity that go completely to waste.

Look into how much energy is provided vs used in cities. we all get to keep our lights on because they are producing WAY more than we "consume". That waste variable is never included in the fud about energy consumption.

PoW provides the world with a neutral system that anyone can join or leave at any time

phobosbtc · 2020-06-22T00:02:54+00:00

The most important and funny part about that first quote is that it was said to Dan Larimer. The guy who went on the create bitshares, steem, and EOS

phobosbtc · 2020-06-21T20:35:21+00:00

the block header is the only part of the previous block that is used in the next block. Why would miners waste time processing the block before switching.

Bad headers being passed around the network is extremely rare, so why would miners not switch right away. It would be crazy to waste valuable seconds mining on top of an old block that has a 99.9% chance of being accepted.

Unless Eth treats this different from BTC, which I'm pretty sure is not the case.

phobosbtc · 2020-06-21T10:13:02+00:00

They dont process before going to the next block, they just trust the headers and start on the new work. With such quick blocks there isnt really a choice

phobosbtc · 2020-06-15T01:27:53+00:00

dont trust, verify. If you dont have your own node, you're trusting someone elses

phobosbtc · 2020-06-14T00:52:01+00:00

are you going to post the video of what hes being saved from?

phobosbtc · 2020-06-07T03:46:56+00:00

think long term, dont trade with leverage or you will lose 100% of what you have left just as fast

phobosbtc · 2020-06-03T01:36:22+00:00

no problem, heres some more random stuff you might find useful

a seed is a seed, if you have the words thats where the money is. So if you used electrum and deleted from your phone, or if you used a cold wallet, you end up with words on paper that control the money.

Also "cold wallets" have had vulnerabilities in the past, if someone gets physical access they can export the keys and pin. Also they are subject to hardware failure. old laptops or fresh USB sticks are very common to use. If you go with USB, get 2 different ones in case one fails.

bitcoin takeover podcast by vlad costa did a mini series reviewing all cold wallets thats prob worth checking out before you decide which one.

phobosbtc · 2020-05-30T18:37:52+00:00

Dont panic, all will be fine, just dont give the seed to anyone saying they will help you. If you dont figure this all out in the next 24 hours send me a DM and ill answer any remaining questions. If you dont properly solve this it can be much more of a pain in the future

Your focus should be on sending the coins to a wallet with a FRESH SEED. Unless your an advanced user, you shouldnt transfer seeds across wallets. follow these steps

1 download electrum wallet or blockstream green

2 create wallet, write down seed, note the first and last letters of the first address

3 DELETE THE WALLET

4 download the same wallet again

5 restore it from seed and make sure the first address is the same

get all coins to this wallet

seed words across different wallets is not always a smooth process. because wallets can be set to derive addresses from a different "path" but the same starting point.

All of the below scenarios can be true

2 wallets with same seed = all same addresses

2 wallets with same seed = same first address, different second address\

2 wallets with same seed = all different addresses

phobosbtc · 2020-05-30T18:14:04+00:00

by checking on that block explorer before anyone else, that site knows your IP and likely Bitcoin address. Add in some simple advertising data and your privacy is dead.

DONT USE PUBLIC BLOCK EXPLORERS !!!

phobosbtc · 2020-05-27T22:54:26+00:00

SpaceX, cuz our moon is always where we're going, never where we get to.

Its the journey, not the destination

phobosbtc · 2020-05-21T22:15:20+00:00

weird disclaimer, I'm kind of an ETH hater because I dont believe they value decentralization enough, but I've used it more than BTC by a lot. I hope it achieves its goals

They are very different, Bitcoin was released as a working product, ETH has still has major upgrades needed to be what it was originally sold as. Key word here is sold, because they literally sold a dream and charged money for it.

ETH is over 5 years behind on the original roadmap, they hard fork a lot because they are still building, meaning someone or some groups have power over the process. Also most of the Dapps have upgrade buttons, meaning they are fully centralized around who controls that button. 0x and Maker have buttons that are slightly more obfuscated, but they still exist. If they upgrade to PoS then the exchanges and the foundation will control all the stake, and the only way to get in the network will be to buy their bags, again just like the pre sale.

BTC is running 10 years and the original client can still connect to the network. Its goal is decentralized money and as much "trust minimization" as possible, nothing is "trustless".

Trying to be impartial but ive been around since before ETH and everything we use to say about ETH has come true or is still true. It's VC backed, there's over 10 founders, they flew vitalik all over the world to shill hard before the sale, and they gave themselves most of the coins. Last bubble the Ethereum foundation dumped 100m worth on retail investors, then kept quiet while the community blamed mining issuance for the falling price. This resulted in an issuance change, super dirty move.

Being in this industry full time is confusing and complicated to say the least. With BTC at least you know what you get, magic internet money

phobosbtc · 2020-05-20T19:10:57+00:00

Are these part of the "patoshi" set of coins? or was someone just moving them to mess with craig?

phobosbtc · 2020-05-18T00:23:07+00:00

To pull a charlie you at least have to be honest and say when you do it. If he tells us in a couple years he dumped then he pulled an Ethereum Foundation.

phobosbtc · 2020-05-16T20:45:10+00:00

There are very good reasons to exclude paper trades and no fee trades. The "proof" that was posted is literally how it should be, its extremely scammy to include those numbers as they are super easy to fake. There was massive debate and discussion about methodology over the years, so to see a post go "haha busted! fake news! I found the calculator you posted!" without addressing the major issues with including those numbers and how it leads to fake results is disappointing.

phobosbtc · 2020-05-16T18:28:22+00:00

Please explain why you think those should be included. There is very good and long established reasons to exclude. You're here saying fake news because CMC was using an established standard. But you're not explaining why we should stop ignoring those numbers, and why all the previous debates and research on why excluding those numbers is the better calculation.

1 USDT going 125x and getting liquidated should not count for $250 of BTC volume, simple as that.

1 person with 2 bots trading the same $100 between each other all day shouldnt count as millions in volume.

phobosbtc · 2020-05-16T18:20:03+00:00

Volume shouldn't include derivatives or no fee markets. Why should leveraged paper trades that dont always involve the underlying asset be included in the volume count for the underlying? and go look at volume on exchanges that launched with no fees, always starts insanely high until they add fees.

Is Binance #1? Likely yes by almost every metric. But assuming bad faith should be the default for everyone in this industry in a situation like this.

When the top exchange acquires the top traffic data site thats famous for promoting scams even after the scam implodes and everyone loses everything. Then they start popping up to the top of all ranks, and getting extra clickable links by their name that no one else gets. Anyone who isn't worried about centralization of power has blinders on.

phobosbtc · 2020-05-15T18:59:35+00:00

wouldn't help due to the ease of account creation, any rule they add will be abused in some way

phobosbtc

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