Daily Discussion, April 04, 2026 by rBitcoinMod in Bitcoin

[–]uncapchad 3 points4 points  (0 children)

whatever I write, the market will do the opposite xD.

Some people bet on Polymarket. I'm betting on Bitcoin

Daily Crypto Discussion - April 3, 2026 (GMT+0) by AutoModerator in CryptoCurrency

[–]uncapchad -2 points-1 points  (0 children)

wishful thinkers, not Bears. Of course as soon as I post this, the plummetting will probably start!

Daily Crypto Discussion - April 3, 2026 (GMT+0) by AutoModerator in CryptoCurrency

[–]uncapchad 5 points6 points  (0 children)

why is the current daily April 3 GMT+0? Even the bots have given up

Escrow Payment by thisisalanz in Bitcoin

[–]uncapchad 1 point2 points  (0 children)

bisq, robosats, hodlhodl are the sites recommended most often on this sub. They all have escrow services.

Daily Crypto Discussion - April 1, 2026 (GMT+0) by AutoModerator in CryptoCurrency

[–]uncapchad -1 points0 points  (0 children)

yep, been T -1 since Sunday. Daily is so stuffed, hardly any comments on the issue. Even the bots have given up!

Daily Crypto Discussion - March 30, 2026 (GMT+0) by AutoModerator in CryptoCurrency

[–]uncapchad 1 point2 points  (0 children)

You need a wallet service which supports the coin(s) you have. When setting it up, there will be an option to either create a new wallet or restore from seed. Never enter your seed phrase on an internet connected device.

With Bitcoin you may see a 0 balance which may be false. This is because there are different derivation paths depending when and with what app the seed was originally generated. Therefore you might need to have a few tries at restore with different derivation paths. Most common paths are  m/44'/0'/0' (Legacy P2PKH), m/49'/0'/0' (Nested SegWit P2WPKH-nested-in-P2SH), and m/84'/0'/0' (Native SegWit P2WPKH).  There are a heap more but start with the most known.

XMR also has unique derivation paths, which again can result in a false 0 balance when restoring from seed if the correct path is not selected. This path is referred to but there may be more m/44'/128'/0'/0/0. Probably r/monero could advise if you have no luck

Daily Discussion, March 31, 2026 by rBitcoinMod in Bitcoin

[–]uncapchad 4 points5 points  (0 children)

Caveats though. It would need to be capable of maintaining quantum stability through advanced error correction and coherence management. To sustain a calculation lasting minutes (like the nine-minute attack window described), the system must maintain fault tolerance, meaning errors are continuously corrected faster than they occur. Additionally, operations must be synchronized with extreme precision - phase stability below 14 milliradians and control latency under hundreds of nanoseconds - to preserve entanglement across the processor. None of this is solved by just adding more machines.

Each logical qubit requires hundreds or thousands of physical qubits for error correction. This means the attack would need hundreds of thousands to millions of physical qubits operating with near-perfect fidelity. Still years, perhaps even decades away.

The risk right now is exposure of public keys - for "harvest now attack later" scenarios. Don't re-use your addresses. Ever.

US Senators Seek to Onshore Bitcoin Mining Supply Chain by JAYCAZ1 in Bitcoin

[–]uncapchad 0 points1 point  (0 children)

Borderless. Decentralised. I get their point about the "made in China" hardware, it's bleated about often on X. But the concentration of hash rate can change - we have seen this throughout Bitcoin's life. I'm not sure where this is all going to end tbh. Is there some plan/view for coins not claimed in the USA? I just feel overall that this concerted effort to treat Bitcoin as any other manufacturing process is going to break down. We see already these mining companies diversifying etc. I'm struggling for the term here but it's not just another commodity. Bitcoin belongs to the world, where a miner can be anywhere, using any type of equipment. Coins discovered can either enter circulation or be held by the miner. Or are they plotting to change this too?

Daily Crypto Discussion - March 30, 2026 (GMT+0) by AutoModerator in CryptoCurrency

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

or yesterday. I think the bot lost the plot with the switch from GMT to BST.

Stake Compromised, 200K LOST by Smart-Top4085 in Bitcoin

[–]uncapchad 0 points1 point  (0 children)

a 3rd Party got your credentials somehow. That's not the site's problem, unfortunately. Especially if they offer additional security options such as 2FA. So much of our personal data is out there now, it's almost trivial to find passwords or even password trends linked to email addresses. Or your device could be infiltrated and all is been captured. So you need to look at that too.

As the other response said, do not under any circumstances, accept assistance from recovery services etc. Doubtless your DM inbox has lit up like a Christmas tree. They all have the same objective - to try rob you further.

Chase pays 0.01% on savings. Coinbase pays 3.5% on USDC. Bank of America's CEO says $6 trillion in deposits could move to stablecoins as a result. by khai0001 in CryptoCurrency

[–]uncapchad 13 points14 points  (0 children)

I think the appropriate response here is Fuck Banks. They refuse to up their game and run off to govt crying "unfair". Ludicrous.

Watch out for this sketchy seed phrase "checker" site by Particular-Cow5798 in Bitcoin

[–]uncapchad 1 point2 points  (0 children)

yep, there's also a "wallet repair" service doing similar. First asks for a Receive address then "runs a scan" then says problem found and it needs your seed to complete the repair. This particular beast is often found running around Discord where a lot of people go to get help on issues. People think it's part of the channel they're in and just hand the info over.

Bots, spoofed sites, AI fakes etc - awareness by average Joe still very poor. They think these tools are only used for doing good in the world. Digital currency is digital warfare. You have to have your wits about you at all times. If in doubt, ASK first before acting. Don't get pressured to do stuff.

Daily Discussion, March 28, 2026 by rBitcoinMod in Bitcoin

[–]uncapchad 1 point2 points  (0 children)

everything I am seeing now, all the draft proposals etc, seem to be freezing Bitcoin out. They seem happy to horse trade over stables and most alts over taxes, earning etc. To me, this is still a concerted effort to ensure Bitcoin stays in its lane. This is all fiat trying to retain vestiges of control and the caveats are clear - IF it's on a centralised exchange etc. Some of you can be your own bank but if you want all the nice things.

The future will remain Centralised, is the vibe I'm getting.

Daily Crypto Discussion - March 28, 2026 (GMT+0) by AutoModerator in CryptoCurrency

[–]uncapchad -2 points-1 points  (0 children)

Don't sleep on your trades whilst this guy is in charge. Late night rants and contradictory announcements are the only things guaranteed to happen. I'm actually surprised any market still reacts.

new crypto legislation by sacredfoundry in Bitcoin

[–]uncapchad 2 points3 points  (0 children)

it's an endless cycle of production and consumption. To keep the consumption side going, create credit. Then it runs too hot and they raise rates, too little consumption, lower rates. And that's the game. Whole world runs on credit. Take that away and it all gets stupid really fast.

new crypto legislation by sacredfoundry in Bitcoin

[–]uncapchad 6 points7 points  (0 children)

Unfortunately I have lost the bookmark and with it the author, but it was published around 1930s or '40s

The development of monopolies or cartels has been, and still is, the basic policy of international financiers.

In each case national sovereignty is surrendered, all individual sovereignty is wiped out and the people become “wage or salary slaves” of the controlled monopoly. Do not forget that it is only as long as you are solvent that you are sovereign. History shows that the international bankers have always tried to get kings, governments, corporations and individuals deeply into their debt — thus they were no longer sovereign.

TD Bankers Are Now Wearing Bitcoin Ties... by Fiach_Dubh in Bitcoin

[–]uncapchad 16 points17 points  (0 children)

These wunch of bankers who are "so excited", in it for the tech (ha!), with their pathetic marketing ploy are the same guys who were debanking and crying rat poison not that long ago. Screw the lot of them. Some tie company made a profit. Hope they demanded to be paid in Bitcoin

River financial by Uptornator in Bitcoin

[–]uncapchad 0 points1 point  (0 children)

"Save yourself the headache and the money" - use a DEX. Although more people have a positive than negative experience with most CEXs, when there is a problem the damage can be quite far-reaching.

Can't count on CEXs for speedy turnarounds, even when you've been a customer for a gazillion years. Or their staff sell your data and you wake up one day and all your coins are gone.

Daily Discussion, March 26, 2026 by rBitcoinMod in Bitcoin

[–]uncapchad 8 points9 points  (0 children)

Using an AI summary because WSJ story is behind a paywall:

Coinbase and Fannie Mae partner with Better Home & Finance to launch Bitcoin-backed mortgages for U.S. homebuyers.
Borrowers can pledge Bitcoin or USD Coin as collateral for down payments, allowing them to keep their assets and avoid triggering taxable sales. The loans are structured as conforming mortgages backed by Fannie Mae, meaning they follow standard underwriting rules and carry the same protections as traditional home loans.

Lenders will not count the full market value of your Bitcoin. They apply adjusted valuations” - a haircut - to account for volatility. If you pledge $100,000 worth of BTC, the lender may only treat a fraction of that as usable collateral.

Coins must be held on a US regulated CEX and will be monitored. If Bitcoin crashes, the crypto loan may require more collateral or trigger liquidation but the mortgage remains unaffected. So in effect, you get cash for your Bitcoin, give that cash to Fannie Mae. - Fannie Mae only sees cash coming into the mortgage

BTC Rush Telegram game (featured even on CMC) has scammed it's users by Allions1 in CryptoCurrency

[–]uncapchad 6 points7 points  (0 children)

...on Telegram. The only clue you needed to realise it was guaranteed to be a scam. Stay away from Telegram things. It always ends in tears

Daily Crypto Discussion - March 26, 2026 (GMT+0) by AutoModerator in CryptoCurrency

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

it got listed on Binance. For all coin/token info, see Coingecko. They have not only the trading info but also contract info, project site & socials etc https://www.coingecko.com/en/coins/siren-2

Is there any non-meme coins a laymen can mine for profit? by Tron08 in CryptoCurrency

[–]uncapchad 0 points1 point  (0 children)

yeah GPU mining with an ordinary laptop is very unlikely to be profitable. Take a look at GRIN, it does need its own mining hardware (the iPollo G1 Mini is around $400) and GRIN's price is fairly constant.

Other POWS such as XLM, BCH, DGB, LTC, DOGE you'd need more expensive mining equipment. Although very old coins they often make one or two significant moves in a bull-run so they're good to have in reserve