Just to order my two cents, find out what rules there is. I have no doubt some users would very well suggest them in this topic as it’s often the case but, after you’ve got an idea about what the rules are and the least tolerated, do your best to always read first before you start engaging.

While engaging, do well to remember that this forum is a discussion space and as it is with discussion, it’s talk and response when necessary. It’s been some little thing I observe from the few times I’ve been here. Some users just create a content, I don’t know if they border to read the replies that people give but, you don’t find them responding in the topic anymore.
That’s a bad way to discuss!

It doesn’t really add up to say decentralization is an advantage to Crypto and in the very next sentence, you say it’s a disadvantage to Bitcoin. Well, we might say Bitcoin isn’t crypto as, it’s a term that is more accredited to the various altcoins out there but, Bitcoin is still a cryptocurrency from which crypto is coined and it’s very much a digital asset with all its attributes.

You are right as there are just about a means to making a scam out of everything and not just Bitcoin itself. Bitcoin might have been fit forward following its none persona attachment to an address nature but, it’s even worst in fiat where you have an account detail or channel and still, they make it disappear just with a statement or a written document.

Government regulations been absent from Bitcoin isn’t a minus. I don’t know how the starter of this topic got that idea but, I would recommend a little more reading. I am on that path when I get the chance but, Bitcoin is something out of the usual. That’s what advancements is about, something not within the norms of the society but, created out of the norms of society to serve the society.
While we might use signatures and passwords to transfer value rights to another individual in banks and available spending means, Bitcoin uses private keys or seed phrases as signatures to transfer these rights. It’s just the same thing but, using different means and you serving as the sole right to this with miners to confirm legitimacy and putting your transactions in blocks and it gets adopted by nodes to ensure security of the whole system.

This is simply the law of demand and supply. It’s everywhere and in every commodity that is been exchanged out there. Flood it in the market and it’s price goes down, reduce it in the market and the price goes up. It’s that simple.

Should some individuals or bodies with large holdings decides to sell off all they’ve got, be sure there are more than enough investors to buy them and when it’s all bought and stored away, scarcity is restored and the price gradually returns to its price. That’s joy heart breaking, it’s just business!

I saw this thread days back, just few pages on it then and I just past it. I had the intention of getting back to it but, eve without having to state it on here, I tried some pushes up today and men,,, I literally couldn’t bath, couldn’t sponge my back side nor slide arm to the side. My muscles are all pumped up although, I only had to do some numbers in the evening but, am sure to try some in the morning.
I really don’t feel like to be honest, judging by the pain in my shoulders right now but, no pain no gain right!
The thing about push ups is that, it tends to build your whole body, more like running and with it in a challenge, it would help build character too.

It would be a building of character and discipline which would transcend into having policies that would enable you to be judicious at your investment strategy, DCA on buying Bitcoin and the patience/endurance to hold it and not be moved by what’s going on in the market.

I stand motivated and I hope to do this without looking at the charts till I hear someone screen on here loud that Bitcoin has broken its high at least, it’s not quite far anymore $56.9k.

I’ve not had to put these two in contrast before: mining with respect to buying Bitcoin.
They are indeed the same package of for an investment but one with very different module of operation and benefits.

While one (mining) might require of you certain expenses and could got you in the authorities nest, taxes and all included,
The other is completely some based on financial buoyancy at the time and that’s about it.

The point which I get here though simply started is,
A teach how to fish rather than just been handed a fish or buying the fish.

Mining, getting a rig and having to start a farm is considered an expensive and not easy to maintain adventure which so many might not be able to afford, given the sophisticated nature of it.
While, having to buy Bitcoin can come by a strategy that allows for gradual accumulation (DCA).

Besides, mining devices gets outdated over time with increased sophistication. This challenges how profitable you might have been in the times your device was more applicable.

Having to run a mine would have made a lot of sense but, it’s only normal that you go with one that guys you that flexibility to invest with what you’ve got and wouldn’t require of you lots or any maintenance while being very private.

Just a little clarification here.

After having some runnings with the white paper,
I get the point that the nonce have got to start with a zero but, I thought it was a number that gets manipulated by means of an increase until you get an unused one that haves it’s start at zero to be used for a block header.

With particular emphasis on safe,
Just how safe can this method to wallet key security be?

The idea about keys to a wallet of this nature is how it could be completely secure and then, having it in a QR code formate might be a very simple means but, its just a scan away from being hacked.

Meanwhile, most  the mobile devices these days don't need an icon to be clicked for searching out the program behind a code. Just a flash of the device camera and the code is linked.

Now, does this automatically suggest you a wallet for download for you or itould just error out if you aren't scanning from a specific wallet.

Oh wow! Satoshi already had speculated on this. That says just how far into the time the pioneer was and for a fact, it’s one way to create scarcity, increasing the demand on what we have in circulation to make it worth even more.
It wouldn’t be a best idea to have new coins added to the network and even should there be any derivation, it would be a fork and not Bitcoin.

They both an an equally matched team and as it is, even with Barcelona leading the score line, it isn’t looking as though they could keep hanging on to it. Napoli is still keeping up with there attacks and all they would need is one good opportunity to present itself and the goalkeeper would be sorry.
They seem to have a more compact defense as well to prevent Barcelona from having those opportunity to come in close proximity with the goalkeeper. Anything could still come out this game.

I once had this friend that at some point made a statement that I didn’t fully understand then until later. He said;

Your phone might be just yours but, the content of your phone isn’t just yours! He said this in respect to music though but I feel it this applies to every aspect of what is on your phone or device.

A phone is something we carry about just anywhere, tend to sleep with it even and in course of our daily activity, we might meet that one friend that would like us to let him free handle our device. Some of us just will, based on the relationship we’ve got with this person and might not see reason to be any security conscious.
Eventually, this friend might stumble on what even himself or herself never had plans on and taking advantage of it eventually becomes the plan then, you’ll be sorry and wouldn’t even know where your issues is coming from.
Even in obvious hack cases.

We really need to be mindful of what we leave on our device.

Without any clear understanding of what this space is all about yet as I’m relatively new, I think this is the reason why new persons on the platform should be more reluctant on typing upon first appearance of the forum. Even that still, some platforms do require you to make comments within a week of joining and as your time continues to generate traffic for them and in turn make the platform interesting but, this shouldn’t be the reason that you rush into trouble.
In most cases, one who does almost nothing commits no offense.

What should be done rather is asking questions when necessary especially, questions on what’s the most basic rule here and how not to fault them.
That’s in an event that, you don’t take your time, perhaps the first day of your arrival on the forum to research this out yourself. It’s what a smart person would do but,

This is the internet, we’ve got people from different background and culture who chooses to behave just how it’s okay with them and even as you might want to change that, they are out there to change you and the way you perceive these things. When your learning, be ready for a lot of insult and name callings as well, it’s part of the process. Even more so, you just hope to get the answers you need from the other few that cares to offer some solution and you move on. Everyone can’t have same energy and character and that includes you!

I hoped you would say young and rich for a category because, that’s where it’s the more enjoyable and everyone would want to be, young, healthy and rich. You find better ways to enjoy your money at that stage to life and achievements, have the courage to go into debt investments of the times too than when your old. When your old, it’s mainly about relaxing, responsibilities and don’t have much need for having a good time. You get to think about how to share and what would become of your legacies but, in all, you would have a sense of fulfillment.

Oh yeah, we are very much on the same page on this now.

I don’t fully understand what is been said here but, my closest deduction is that, models to traceability happens to have changed over the years and one hardly finds a need to wish eliminate traces in fiat or banknotes except when it’s sure to be subject to questioning, laundered money and it’s related means to handling money that raises an eyelid.

Fiat uses protocols that uses less publicity to ensure privacy although, the transaction is widely open between parties (senders, third party processing the transaction and receivers).
Modern day Bitcoin adopt a model that dissociates the person from the address but publicizes the transaction for verification and adoption into nodes to ensure privacy.
Now, the trick here is that, your privacy depends on how you use an address as it could be linked to you if you frequently use the address or have by some means linked it to a persona on some platform that seeks KYC. Know that this might be exploited.
This method ensures that elicit usage of the system could have some traces should there have been any loophole in the way you managed your privacy or associate address.

This is where mixers came into play and with the talked about XMR trying to adopt models that resembles that of mixers to ensure privacy, it’s sure to be attacked and having any center clearing makes it vulnerable unlike Bitcoin.

AI continues to be the order of the day and the sophistication of technology in our time brings to question if this or that could stand in the Bitcoin models but my studies so far gives me no reason to doubt Bitcoins continued existence and growth with regards to sophistication. Given that by the absence of no coin issuers, it’s adopted system to persist by popular votes where each IP stands for a single vote and works in a chain, having nodes for verification and storage of data.
This remains a free to join and should you leave at some point, your always welcomed to rejoin and accept all valid transaction while you were absent to continue the chain and maintain integrity of the system.
This doesn’t give much time for any exploitation as, any delayed step increases the gaps between a node for which an attacker could hope to exploit and the exponential difference decreases the level of success of an attacker.

In terms of privacy, maybe Satoshi Nakamoto did.
Been a privacy specialist, the pioneer had to study other coins that exited before that time, the issues they had and how they were vulnerable to the government, dissociated from the invention from been a hotspot to the invention, adopted models that works and bringing in a model that would ensure the sustainability of this new invention. Some of those is by not making privacy absolute.

My apologies if my topic wasn’t clear enough as per explaining what my intent or purpose for this space was or maybe I might be the one misunderstanding your just recent comment. The idea remains that, am trying to challenge myself to reading as much Bitcoin or cryptocurrency related books as I can and find.
Meanwhile, this space was created for a question and answer space as the need applies in course of my reading so I don’t get to fill the sections with unnecessary topics at every misunderstood point. I figured it would be a best way to put it and avoid spamming. While I get to list the books up and my findings for experienced users like yourself and other persons that might have gone through the books to aid me as applies.
So yeah, I didn’t author any of those books, they aren’t mine and am just having to read them while seeking clarification on concepts I don’t fully get.

Meanwhile,
Thanks for the resource you just provided. I hope to go through the much I could of them as time goes on.

In my continued research in trying to understand the much I could of the technicals about the Bitcoin technology, I’ve been reading some books are suggested by users on the forum and even the referenced links or books or links as provided when chanced for that which I felt necessary. I have a topic about my adventure here:
https://bitcointalk.org/index.php?topic=5484462.0
I hope it doesn’t count for duplicates but, I was hoping I could bring it here even.

While I did quote this response, it’s because I think I found some information that somehow clears on attacks on nodes not been possible which is somehow what was being talked about in quote and it states that:

Though it might be possible for nodes to be subject to attack, the attacker must redo all the works that have been done on the node and the works done on the later blocks that have been attached or chained to the previous.
This is where the impossibility comes in given the fact that, it’s a system that largely depends on the majority and the number of users running nodes have ran into thousands if not millions and priority is always given to the longest chains which is impossible for any of such attacker to have therefore, the chances of taking control over the computation isn’t possible.

Hope my interpretation to this is correct.
This piece of information is from the Bitcoin white paper as referred to me from my having to read on Mastering Bitcoin… in progress with the book though.

In course of my studies on mastering Bitcoin, there have been several checked out references and the Bitcoin white paper is one that stands out still for a beginner to read about.

So, I want to ask this about the hash computation as described in the white paper.
Now it talked about about having implementing a time stamp to POW by means in which, it’s increments a nonce which is the number miners get to find in order to mine and get rewarding power.

Now, this nonce that is incremented is it block specific or transaction specific?
Based on the answer as would be given above, Is it possible for a transaction or block to have more than one nonce?

I actually thought the answer to this would be ‘not possible’ but instead, what I see is means and criteria for this to occur by altering some part of the hash in a supposedly interconnected blockchain network.

Wouldn’t this likely possibility create room for double spending and therefore, allowing counterfeiting which is a problem of currency with this being the exploited option for digital currency?

Could that really be true, that the founder worked with no one else in this life long invention? That we’ve not had anyone come up to point to us whom the persona is doesn’t mean the truth behind the 8th wonder of the world in the Satoshi Nakamoto isn’t known by some one or some group. It’s just that, the persona have been on top of his/her/their game and had a deep understanding of what they did intend to archive. That’s how I would like to imagine it.

Meanwhile, a privacy protocol that doesn’t give room to traces is something that could be exploited in the worst way possible by governments. It’s some unique quality but in one instance, you serve as mixers and coin offerers all in one. It’s might seem huge but, it as well brings the fight to you as government is known for going after what has gotten a name and they can’t express.

Allowing decentralization and privacy at a level of extra work and service to attain complete privacy was a good step for the founder and that is being proved with the way these non trace/absolute eluding privacy projects is been hit by.

Isn’t the decentralized nature of Bitcoin that makes people love it so much, an unregulated digital currency which depends on the people for its legitimacy and continued existence.
Once there is some form of regulation to it, wouldn’t that be a base for an attack… for me, regulation means control and control translates to centralization. What then becomes of the decentralized nature of it.

I don’t see a word without scams as, humans would continue to be dubious, always after what someone else have got, using illegal means. Eventually, scammers do get what they deserve and the authorities in various locality are getting there investigations up. Also, increasing awareness for investors are on the rise and these awarenesses always helps.

Don’t think I’ve got the best of judgments yet given that, I only just got here but,
My first approach from account creation has been the only sad part due to evil IP, this I expressed in my very first post but, I now understand what it was about as I later had a successful attempt.

Since then, the energy and effort I’ve seen from users here is unmatched, people express there views without fear of having a contrary opinion that would be subject to questioning, users are ready to aid you understand a course and would suggest to you just the right material to aid your understanding.
This is very important in a discussion platform for as this one.

That’s what scares me, for my being cautious and skepticism not turn into procrastination and which becomes a huge setback on any potential investment but,
I like the idea of learning in practice. It would be a building by experience although, mistakes might prove costly. Still, it’s an idea I would look to practice.