terzaerian
Posts: 1,517 +2,260
Now there's an idea.He should sell the remaining attempts to the highest bidders, winner takes all.
Now there's an idea.He should sell the remaining attempts to the highest bidders, winner takes all.
Well in the meantime there are a few different varieties of stablecoins like Maker DAI, Tether, and USDC. With DAI and USDC in particular, Coinbase offers the option to earn interest for coins parked on the exchange.Until Bitcoin stabilizes at a specific value, I'm notgamblingbuying.
This is like saying the Euro only has value because currency exchanges have listings for it against the dollar. Bitcoin is valued against the dollar because it's a unit of measurement everyone (thinks) they're familiar with.
The headline "Bitcoin is now worth 40,000 Maker DAI" would confuse the normies, even though the value of the latter is *actually* stable and regulated in a way the dollar isn't.
I favor valuing Bitcoin in Troy ounces of gold, which right now is somewhere in the region of 1 BTC : 20 Troy ounces.
What about.....Did he already try the 10 most common passwords?
11111111111
PASSWORD
123456
QWERTY
ILOVEYOU
Yeah, without having to go to the Dark Web to use them.I will only take Bitcoin seriously the day that I can pay my bills, buy any goods or services............................ I mean the majority.
And that's why I started out saying:
"Calling cryptocurrency is disingenuous".
It's not really "currency".
Until people are paid from their government in Crypto, people pay their taxes in Crypto, people pay each other/exchange goods and services in crypto... it's NOT a Currency.
Buying Bitcoin is no different than buying Dave & Buster's Tokens.
If I hold out a DIME...you would say it's worth "10 cents".
If I hold out a Quarter... you'd say it's worth "25 cents".
If I hold out a Gold Dollar you'd say it's worth "100 cents".
If I hold out a Bitcoin... what would you say?
Ain't nobody trading in Satoshis...
Ah yes, NewEgg, the famous dark web marketplaceYeah, without having to go to the Dark Web to use them.
Except many central banks are flirting with NEGATIVE interest rates for savings accounts right now.
Fiat holders are fools.
And that's why I started out saying:
"Calling cryptocurrency is disingenuous".
It's not really "currency".
Until people are paid from their government in Crypto, people pay their taxes in Crypto, people pay each other/exchange goods and services in crypto... it's NOT a Currency.
Buying Bitcoin is no different than buying Dave & Buster's Tokens.
If I hold out a DIME...you would say it's worth "10 cents".
If I hold out a Quarter... you'd say it's worth "25 cents".
If I hold out a Gold Dollar you'd say it's worth "100 cents".
If I hold out a Bitcoin... what would you say?
Did he already try the 10 most common passwords?
11111111111
PASSWORD
123456
QWERTY
ILOVEYOU
I've been thinking, would I rather be the man who threw his hard drive with bitcoin on it away and can't get access to excavate the landfill where over 100 Million in bitcoin is buried? Or would I rather be the guy with the bitcoin wallet that I've forgotten/lost the password to open it. I have to say I would rather be this guy. In two more guesses, he can work towards accepting fate and letting go. The other guy has to stay up late at night, every night, trying to figure out how to get to his drive. All the while wondering if the drive is still sealed. If he found it, would the data be recoverable?
I don't think you understand what inflation is. Bitcoin is and has been doing the exact opposite of inflation.Cryptocurrency and Cash are both a failed system. To me bitcoin is the sped up version of how money works. See it inflate stupidly... see the cost to live/survive inflate stupidly. Another control out of control.
But he lost a password to an Iron key. You can't get access to data in any form before entering the right password.A crypto-coin wallet password is like 25 characters long and must use capital letters, small letters, punctuation marks etc etc.
Saying that I'm surprised he hasn't taken it someplace to have the drive cloned and then he can make unlimited tries on the clone until he gets it right. That's what the police do if they want to hack your phone or harddrive, they NEVER work on the original until they already know exactly how to access the whole thing. A company can make a clone of the usb stick and then use virtual clones to 'guess' the password.
That AI can and WILL get access to everything.But he lost a password to an Iron key. You can't get access to data in any form before entering the right password.
I honestly had no idea that newegg accepted them. Thanks for that!Ah yes, NewEgg, the famous dark web marketplace