And what is the reason for this? It seems to me a lot of confirmations considering that 6 it is usually considered safe for transactions with inputs and outputs. This would be for transaction without inputs or coinbase I understand, there must be a good reason. |
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It's a problem with the crypto gambling industry. Casinos that do not require KYC, by protecting privacy, also cannot know if minors are playing in them. In cases where there is KYC there are always ways to bypass it, like those who steal credit cards from parents, but eventually they will find out.
Although over time I suppose more and more crypto casinos will require KYC and prevent minors from playing.
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In this regard I was thinking, when can a miner confirm the child transaction?
It occurred to me the other day while doing a transaction and I will try to explain what I mean. Suppose I have an unconfirmed parent transaction, given that a transaction is usually considered confirmed after 6 confirmations, or maybe less if it is a low amount, if I send a child transaction with a high fee for both to be confirmed, can the same miner who confirms the parent transaction confirm the child transaction without waiting for more confirmations of the parent transaction? Or has he to wait for 5 confirmations more until he confirms the child transacion? I don't know if I make myself clear.
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The best way to drive up the price of BTC was done by Satoshi when he created it. He made such a good, decentralized, supply-limited currency with a limit to its total production as an alternative to potentially unlimited-production, on-demand, fully centralized fiat currencies that the price cannot stop rising due to a double effect: the inflation of fiat currencies and the decreasing supply of bitcoin. The price cannot be constantly rising, zoom out a little and think about where it will be in a few years.
What you intend to do with websites, even if you managed to mobilize some people, would have minimal, if any, effect.
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Well, I will give my opinion. I think the Fed is going to continue to raise interest rates and remove liquidity until it can't anymore, as this helps to fight inflation but with the credit addicted economy, this policy is going to lead to a recession. They will be like this for a while, and then they will go back to lowering rates and providing liquidity. I don't see the Fed raising rates for a long time and keeping them high for years.
Less liquidity means less liquidity to invest in general, so BTC will suffer, as is already happening, but at the minimum that the economy recovers, BTCwill be a clear winner.
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I don't see the point of your post. What do you want? To calm us down? It's not because of what's written there, for sure.
He who is in the middle of a war will obviously be tense.
In my case, I worry mainly about the things that depend on me. In some moments when it was said that this would end in nuclear war, I was a little worried, but now I am not. If a nuclear war starts I will be dead in a short time, and I was going to die anyway, and since I can't do anything to avoid it, I go on with my business as usual, solving the problems that I can solve by myself.
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Well, I'd rather be in the bull market than in the bear market, but I don't put great expectations on it. There are people who invest everything in bitcoin or in the fashionable alt hoping that it will be their salvation and when we enter a bear market they despair.
Markets are like that, you have to learn not to get too carried away by enthusiasm in the bull market or pessimism in the bear market.
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Well, then, I agree that all steps in this direction are positive. The ideal would be without going through those centralised Apps that don't let you withdraw, but I don't see, as some of you have said, that this is going to happen. I suppose that in order to compete with Visa and Mastercard it will be done with apps like these.
And I imagine that if there is no KYC now, it will be just a matter of time.
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I imagine that since payment has to be made through Gemini or SPEDN app all payments will be KYC controlled. I don't know, it always sounds like good news that you can pay in BTC in more places but if so it doesn't seem so good to me. I don't know how the issue will be when it comes to declaring either, as paying for sandwiches with biticoin or other cryptocurrencies will create taxable events. We should stop dreaming for a few years of real p2p on-chain transactions between merchants and customers,
You are probably right. |
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According to the source a crypto website have launched a new NFT which comes with free slots for the holders for UpTo 50 times per day and you can also own new NFT by playing that machine as well !
This sounds a lot like a faucet but for NFTs. I don't find this very exciting. There was a bubble of NFTs that started to burst a few months ago, and realistically, 99% are going to have a value of 0 or very close to 0 in the next few years. Of course you can like win the lottery with NFTs, also by playing for free with slot machines, but it is practically impossible. |
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I agree with the majority of opinions. These types of "offers" do not usually end well. I hope no one will ever think of trying what he offers. I also wouldn't be surprised if someone comes along saying that they have tried his system and made a lot of money because of it.
Keep your eyes open guys, scam attempts in this world are very common, and scammers are not stupid, they present themselves to you as good people who are going to help you make money.
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What do you mean by voodoo? Have you seen or experienced one before?
*Thy shall not bear false witness against your neighbor. Your accusation could qualify as Sin against the Holy Spirit which cannot be forgiven.
Even JESUS CHRIST The LORD of Heaven and Earth was accused of using satanic power by foolish people but that does make the accusationa true.
Your boldest surprised my friend. Time shall tell
Oh, OK my friend. I understand now. You pray, just pray hard, and trust The Lord to drive the price to where your signature indicates. Surely if the price is not where you expect it to be, it is because you have sinned. |
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Are you out of your mind? What you claim to be doing is the modern version of Voodoo, but with a computer. Are you supposed to have other superpowers to change the course of other events or is it only with respect to the price of BTC? I don't know, maybe you can make specific numbers come up in the lottery. |
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Machinery / technology / robotics / ai is making you poor
The aim for all producers / businesses is to make their factories fully automated ( meaning to get rid of humans in the manufacturing process )
We are 8 billion people on Earth ,it's impossible for all of us to work for Governments / in Programming or Creativity related jobs.
I think your name should be gweb1816. The nonsense you are talking was already said 200 years ago and time has shown that it was bullshit. They had their point of logic if we look at it from a historical point of view but they were of an amazing narrow mindedness, the same that you have 200 years later. Precisely what has increased global wealth is the use of machines and automatic processes, which has increased productivity exponentially. |
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Thailand's move to exempt crypto transfers through government-approved exchanges is pretty interesting.
I had to look up the news because I didn't know what you were talking about. I found this, for example: https://news.bitcoin.com/thailand-exempts-crypto-transfers-from-vat-until-end-of-2023/What I don't understand is, in Thailand is VAT applied to transfers? There is nothing added there. VAT is supposed to be a tax that is levied when there is value added, and I am not aware of such a tax being applied elsewhere, as capital gains tax is usually applied if you earn money, but VAT as if when you buy a loaf of bread? Well, each country may have its own rules. The doubt I have now is that I guess they apply VAT but not capital gains, no? Or do they apply both. Let's see if someone who lives in Thailand clarifies. |
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emmy.princet has copied a text from medium changing some things: Original text: What to do in a dip. Hodl or sell https://breachclub.medium.com/what-to-do-in-a-dip-hodl-or-sell-63066998136Are you a trader or a hodler?
Every crypto investor falls into the category of a trader or a hodler.
A trader : Someone who loves the daily thrills of buying and selling cryptocurrency, regardless of the market situation.
A hodler : Someone who believes in keeping a particular cryptocurrency for long term.
Whichever the case may be, you need to understand how the market works before making vital decisions. You also need to be emotionally intelligent to avoid making sentimental choices that could make you lose money.
SELL OR HODL
Let’s explore when to sell your coins during a dip
Remember that this is not financial advice
When to sell:
1. If you notice that there’s no progress regarding long-term development for the token you hodl.
2. When there’s no structured community support for the cryptocurrency.
3. When your coin stops appearing on popular exchanges like Binance, Coinbase, FTX and Kucoin.
4. When a government creates negative policies against the cryptocurrency in your region.
When to hodl:
1. When the coin has a history of rebounding from dips e.g Bitcoin.
2. When the asset has the backing of the community and continues to develop new products e.g Solana.
3. When the token is adopted by institutions and companies globally e.g Ethereum.
Benefits of selling during a dip
1. It saves you from significant losses. It is usually best to sell when the coins are quickly dropping in value so you do not lose all your assets at once.
2. It allows you to redistribute capital into buying other coins at extremely low prices.
Benefits of hodling during a dip
1. It helps you avoid panic selling and losses from short-term market volatility.
*NOTE* : With that being said the decision to sell and hold depends on your conviction about how the asset is performing. Always remember to tailor advice to your specific situation and use it as a guide for your crypto journey.
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There are people in this forum who do not give any importance to the news, belittling those countries for being poor, as if it were normal that the richest countries in the world were the most willing to adopt BTC.
I see anything that adds up as good news.
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For me the surprising thing would be the opposite. BTC being an innovation that breaks radically with traditional currencies, it is normal that it is different in many aspects.
And I wouldn't say it's also a currency. It is a currency, it was devised and launched as a currency, but it has turned out to be such a good and valuable currency that many people buy it as a safe haven and as an investment.
I also like to speak only in terms of bitcoin or satoshis, all the middle terms I also find confusing.
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I believe that even if they don't want to, the Fed is going to be forced to raise rates at some point in the not too distant future. The rest of what you said about the smallpox makes no sense, but we are in a crisis scenario that keeps getting worse, and the only bullet the FED has for this we already know what it is.
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