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1201  Economy / Economics / Re: Bank loans and securities. on: May 24, 2023, 08:25:03 PM
Banks can not loan you above their security measures. I went to bank to access a loan of $2,300 and they ask me what's my securities collateral to back up my loan reguest. And I said my school certs. The bank agent said such amount required housing, land or multi investment documents not just certification. So that's mean education do not have the real value but properties does.

Financial institutions are very conical in dealings with others. They can beg to bring money for them to use it and build estates, mortgage and occupy landed properties but they will screw you before given you a loan.
Well bank offer personal loan and credit cards that is the most common unsecured loan for a common man to reach out.

Banks only lend money to someone who has the capability to pay back or assets to confiscate for the default of the loan amount and yes these certificates are nothing but garbage it doesn't worth penny but you spend thousands of dollars and years of schooling to get that. The system made all of us to live stupid and die stupid too. Roll Eyes
1202  Economy / Gambling discussion / Re: increased Youtube Gambling ads? on: May 24, 2023, 06:06:48 PM
I don't know if it is because I recently watched several videos of streamers gambling or it's just a coincidence, I've watched streamers gambling videos in the past but I have never gotten this many gambling ads.

And yeah this is the reason why you see ads because you consumed contents related to the ads and it's called targetted marketing but in simple words this shows how much Google is spying their users.

To turn off the customised ads just do this in your YouTube account Settings=> Privacy => Google ads settings => Turn off (customised ads)

Hope it helps. Kiss
1203  Other / Meta / Re: Thread banners (SMF idea) on: May 24, 2023, 04:33:19 PM
This may sound silly, but wouldn't it be easier to make updates in the first post of the topic?
Usually the campaign manager will edit the title to [Open/CFNP/Closed] which itself enough to identify the status of the campaign at any moment. But there are some exceptions like even if there is no slot left still manager would like to hire highly recognised member of the forum which may be available in the first post of the topic generally but the proposed idea is also good but not really necessary though cause if someone isn't reading the requirements before posting theit application then they are not fit to take a slot.
1204  Other / Beginners & Help / Re: Start a lending business on: May 24, 2023, 01:54:24 PM
How about starting with non collateral loans for trusted members only? It will give you the start you needed and once you're here for a while then you will be recognised and also I wonder is there lenders accept collateral these days because in the past members used to accept the account as collateral but now it's not in practice so most of the lenders give non collateral for short term and that's mostly I can witness from lending section these days.
1205  Bitcoin / Bitcoin Technical Support / Re: I created a transaction 2 weeks ago on: May 23, 2023, 07:08:59 PM
-snip-
What about how long usually it takes to mempool gonna drop transactions with low fees like this
The default in Bitcoin Core is 2 weeks but it's configurable so it may take more time than that for the whole network to forget your transaction.

Coinbase may also have a system that re-broadcasts transactions the moment it's dropped from their node's mempool.
But since they are custodial and closed-source, there's no way of confirming that.
I just went through their FAQ centre as well to find anything about the pending transaction for too long but unfortunately there is no article related to that and also no ques about the transaction will be rebroadcasted if it dropped from the mempool so now all comes to a narrow path which is just wait and contact the support team to do anything about it.

But usually the support team will take 7 to 10 days to give an actual reply for a support ticket in coinbase platform that really sucks and as said its another lesson whynwe have to choose a wallet which gives complete control to us.

1206  Economy / Scam Accusations / Re: Wearing Double signature (Shan85) on: May 23, 2023, 12:56:51 PM
It will be cheaper for companies to buy copper membership and manage their campaigns by themselves but they will have to spend more time building trust within the community before they can be recognized.
You might be right but I could not agree with you. To run a signature campaign they do not need to be reputed. Hence they are not aware of the signature campaign, signature design, creating spreadsheets, and calculating that. If they have all the ability then their time might be more valuable than the spending on the campaign manager. If a newbie run a signature campaign and escrow their fund for few weeks then they have nothing to be worried about.
Well at the end its a business so the companies will always approach the members who is already doing that job and managing the campaign on their own and escrowing the funds may be disastrous for the money they are about to spend because they can buy copper membership but they may have no idea of who to hire but managers generally do have an idea of which kind of members will fit for the project they are going to promote so they will hire accordingly.

1207  Bitcoin / Bitcoin Discussion / Re: effect of a million bitcoins on: May 23, 2023, 09:17:50 AM
what will be the effect on network and different technical metrics, if anyone sent 1 millions bitcoins in 1 transaction (hypothetically for now because no one have even 2% in one wallet)
Which bitcoin address have you traced to have 1 million BTC? There is none that I have heard of.

Eventually the biggest stake holder of bitcoin ever is Satoshi who is owning about 1 Million bitcoins but its not in a single address if I am not wrong and also I don't think he will ever come and use those bitcoins cause he vanished from being existence for over a decade.

So for now anyone apart from Satoshi can do such transaction and 1 million bitcoin can't be spent in 1 transaction technically cause one block will not be enough to hold that much weight so that's the effect we can see on the network.

But talking about price then surely it will shake the market and create FUD and that's it because its not going to make any long term effects.
1208  Other / Meta / Re: Forum Menbership- 3.5m registered only 56k members survived?..... Why? on: May 23, 2023, 06:32:31 AM
I don't believe that 3.5Million individuals actually registered on bitcointalk, in old days especially before the introduction of merit system people used the bitcointalk as money making forum, they simply post some garbage and gain activity and rank up then enter into campaign and just keep spamming then in 2018 theymos figured the spam is out of control so he introduced merit system which really made those accounts farmers to vanish from here. So I still think introduction of merit system reduced the rate of registration in bitcointalk.

Also I feel we don't have enough topics to discuss or that makes me too engaged, more people are just doing forum politics, merits hunting so they chase merits and purposely posting posts which is kind of annoying or atleast to me.
1209  Other / Meta / Re: Crimes of signatures campaign affects forum? on: May 21, 2023, 03:29:14 PM
Bitcointalk is just a public forum where people gather around from crypto community and discuss things, the forum created by Satoshi who is also the founder of bitcointalk but there is no direct link between bitcoins and bitcointalk.

So even if the forum is no longer the Bitcoin will continue to exist until someone use it for transaction and miner exist to confirm the block.

AFAIK, signature campaign will not affect the bitcointalk existence in anyway because bitcointalk doesn't gain any financial benefit by allowing signature however in future if more of signature campaigns becomes affect the experience of forum then we can expect signature free forum too.
1210  Bitcoin / Bitcoin Discussion / Re: Algorithm for selecting a low-fee transaction from the mempool on: May 21, 2023, 11:48:45 AM
I broadcasted a low fee (11sat/vbyte) transaction last week, just at the time when they fees went up.
I knew that the fee was low and that the transaction would take a few days to confirm (according to https://twitter.com/CoreFeeHelper , it would take around 3 days) but it's been a week and my transaction is still in the mempool. Sometimes my wallet (electrum) shows it with a blue "unbroadcasted" icon and I have to rebroadcast it again. I also sometimes use "free" tx accelerator services which basically rebroadcast the transaction everywhere.

My question is what is the algorithm that a miner picks a transaction from the mempool to include it to a block?
Is it a greedy algorithm which just picks the ones with highest fees? Is the "age" of a transaction in the mempool also a factor? Or is it just a combination of fee and a random choice?
First of estimated time to confirmation is just based on the current status of network but its obsolete cause the network status keep changing every minute so even if you paid enough fee for the transaction to get included in the next block and all if a sudden the fee required doubled and it's pretty normal thing.

There were some free bitcoin transaction accelerators in the past but not sure still they are available but its not really a possible solution, if you can't wait just bumping the fee is the only option or the receiver can also pay the required transaction to get confirmation quicker.
1211  Economy / Exchanges / Re: Effects of Binance Changing Wallet Addresses on: May 20, 2023, 06:55:41 PM
If you've been on Binance over the years, you could
Probably discover that in simple terms it is the most secured
Well coordinated and organized centralized exchange globally,

The recent announcement of wallet addresses going to expiration,
Has got me wondering, What effects, positive or negative will this have on Binance platform as well as the crypto investors and traders
On the platform, As for me I found it strange, that an address is expiring. What are your takes on this.
AFAIK, BTC address never expires and in Binance you can only have one deposit address for bitcoin so if they sre changing addresses of everyone for some reasons then its due to development of their platform or something like that so why we should be worried about?

I am sure they have a warning like check the deposit address before depositing funds to the account everytime you copy so suddenly if it changes it doesn't affect me personally or unless I am using the address for receiving payments from someone and I don't have a way to contact the sender to tell the new address.
1212  Bitcoin / Bitcoin Discussion / Re: HyperBitcoinization Coming, Says Adam Back, Do you Agree? on: May 20, 2023, 05:11:22 PM
What do you make of this information?
For me, I think it makes me more bullish on Bitcoin than ever before...

this makes me happy.

this means about 1 million people own their own key. we can track it if their Bitcoin is put in exchange, right?

~ Not your key, not your BTC ~
Not really, because one can hold 1 million bitcoin in 1 million bitcoin addresses so increase in the number of address can't be really considered as a sign of adoption happening from new people and I doubt that 1 million people have more than 1 BTC in their wallet, its still under control of few individuals and remaining is just as portions among all the small investors. But that is the real adoption cause we know its only 21 million bitcoin and there are 7 billion people all around the world so lesser the amount of bitcoin and more number of bitcoin address denotes the direct relativity towards actual adoption.
1213  Bitcoin / Bitcoin Discussion / Re: obsolete bitcoin investment advices [change needed] on: May 20, 2023, 04:32:42 AM


1. Invest in Bitcoin with your spare money:

2. Invest what you are able to lose;

3. DYOR (Do your own research):


IMO, these 3 advices still make sense to me

1. Investing spare money doesn't necessarily mean the money you got after you meet all your monthly needs for survival, it is supposed to be the savings part from your total income which means you should save 20 to 30% of your salary and invest on to different assets to get returns in future.

2. I can point hundreds of them who lost their money due to investing on Bitcoin because they invested in a wrong way. Someone saw the growth if bitcoin at the time if bull market so they took loan at high interest rate and bought bitcoin but after few months the price dropped more than half price than their purchase price now how will repay their debt?

3. It's not only about potential growth, what if someone bought Bitcoin but deposited in a fake wallet so they lose all their assets in no time so its important to gain knowledge about bitcoin, how to store them secured for long term, where to buy it, how to avoid scammers while buying.
1214  Economy / Scam Accusations / Re: scam warning rollbit.com banned my account on: May 19, 2023, 08:00:46 PM
@OP I would say it's better if you're creating a report to Ask Gamblers or Casino Guru? there's no solution in this case as you keep saying you're not an abuser and Rollbit's representative was saying you're abuse their crypto trading.

Although this accusation was on a different casino my expirience on site Trustdice.com SCAM, but he was able to get his winnings. Now it's your turn to prove if you're completely an innocent and not an abuser.
I am not taking any sides here because it's not clear yet what kind of trick OP used to make such amount of money but since OP can't login to his account anymore since the site banned the account permanently then how do you expect him to prove he is innocent.

And I beleive it's the job of casino representative to prove he cheated to exploited any bug in their system to make financial gains not the victim.
1215  Economy / Trading Discussion / Re: How do I trade bitcoin? on: May 19, 2023, 06:55:45 PM
Friends, I have download different apps from forex trading and I use most of them trying to trades bitcoin but it seem too difficult and failing, forex indications and signals are not a match when compare to bitcoin so every buys or sells I end up close the market with red lines of loss. I want to know if there is a bitcoin trading apps, that's mainly for trading bitcoin? Like the blockchain but I need local apps or website links. Please assist with good response.
Let me make you to understand that you didn't try trading you tried the futures and options based on the statement you provided. Because there are lot of pseudo trading apps available on Play Store and app market which claims that you can make money and all you need to do is to predict the future movement.

I consider spot trading is the real trading where you buy a crypto on an exchange let's say Binance and wait until it rise then you sell it so at the end you made profits and this is how the trading works and just learn basics about trading before jumping into it.
1216  Economy / Scam Accusations / Re: Wearing Double signature (Shan85) on: May 19, 2023, 05:07:53 PM


 Is there a way that a Manager will be notified as soon as a Participant of the campaign removes the signature even just for a second?


Forum doesn't have such feature so its the sole responsibility of the campaign participants and managers to keep their words. Lot of members are running for a spot in a signature campaign but someone like mentioned in OP abused the given opportunity now everything gone and gone forever.

What happened:: The user (Shan85) wearing both signatures of Duelbits signature as well as signature of BetterCallRaul (each before receiving the payment.

I did not know this happened mistakenly Sorry. I accept my mistake and I’m ready to refund last week payment to both of you Roysee and Hhampuz. SORRY

If it happened mistakenly for a week then you can logically explain and refund one bounty reward from former campaign but it looks like you intentionally did since it was happening for 3 weeks as far as I read the replies of others here so you were changing the signature back and forth at the payment date to ensure you get paid from both campaigns so its unacceptable and you will be not trusted anymore in this forum.
1217  Economy / Gambling discussion / Re: Things that still make feel awkward with some online casinos on: May 19, 2023, 03:40:19 PM
Why are some online gambling platforms having high withdrawal fee? I know Bitcoin recently has a high transaction fee but that's no more right now, some online casinos are still asking for 5$ per transaction when it should be 1$ or less.

Not just only Bitcoin withdrawal, even coins with very low transaction fee, isn't this robbery? If you just signed up on a centralized exchange, you can pretend as if you want to withdraw, to know how much the gas fee costs, but on online casino, you will see this only after you have enough wins or funds for withdrawal.
From user POV its a robbery but from the business POV its their source of revenue generation, its same on the cryptocurrency exchanges too normally they seek about $25 dollar worth of Bitcoin as withdrawal fee not as transaction fee so they can make money in this way too and it's justifiable too because of the service they are providing and nature of cryptocurrency value.
It's actually more than earning revenue if they are charging insanely high fees even when the actual transaction fees have become normal and transaction fees were high only for the Bitcoin network and not for every other blockchain and if they are charging high fees for tokens that have very low transaction fees then they are obviously robbing their gamblers.

There are many more platforms as well that are providing the same services and they are charging relatively low transaction fees so we can't really say that it is justifiable if they are charging this much. We should either abandon such platforms or they should reduce the fees.
AFAIK, more or less the withdrawal fees are similar on the reputed casinos and if someone is using a casino is charging high withdrawal fee and found an alternative which offers the same service with low fee then just move to it. I know some reputed exchange 5x times of actual transaction fee for the transaction to proceed but still they are considered as the reputed trading platform so we can call them as robbers and abandon their services?
1218  Economy / Trading Discussion / Re: Earning online more preferable than offline? on: May 18, 2023, 06:38:16 PM
Earning money online is far superior to working at a physical establishment during the day. Although offline is highly appreciated and difficult. Trading is a great approach to find your true self. It will put everything to the test, including your greed, emotions, patience, discipline, how you handle failure, control, common sense, and resolve. I strongly advise anyone who is going through a terrible time in their life to learn to trade since it provides them a clear sense of purpose other than waiting for jobs. So, which is better, online or offline?
Trading in online isn't new, it exists since we can trade stocks, forex, goods and anything that has value.

Unfortunately I don't think everyone in this can become a trader of cryptocurrencies I mean they can make a life out of money coming from trading alone so its limited too but anyone who has the skills can make money easily.

But comparing online trading and doing physical work isn't same and you can say trading online is easy because there is not much of physical effort is needed however an individual has to work their brain too hard to make money so the point is making money isn't that easy as you say.
1219  Economy / Economics / Re: What is the difference between banks and big whales in crypto? on: May 18, 2023, 04:51:17 PM
Banks are earning big profit from our deposits, they earn bigger than the interest that we get from our deposit because they put a bigger interest rate through thier borrower's or lenders, i think bank is not too far from big whales in crypto they buy or collect coins in dip and they sell in bull and they earn bigger from the holders that sell at loss  they are almost the same or what? What dou you think?
Banks create money and inject it to the economy via customers in the name of loan and the money is nothing but some ink and paper combined whereas a whale is an individual who bought huge amount of crypto assets with their real money and now has the enough asset value which can manipulate the price of crypto assets but it will work only in short term and whale risking the crypto assets too just like everyone else.

They aren't doing anything bad, they just use the situation to make more money with the money they have and if you see this as crime then every business in this world is following that strategy.
1220  Economy / Reputation / Re: 1xbit the incurable virus on: May 18, 2023, 03:33:27 PM
Scams are not moderated here so that is why they are still operating in the forum and promoting their site via people called signature campaign.

They have already negative tag under their name and known for their scamming behaviour so even if the campaign participants comes out and buzz they didn't get paid for their participation of promotional campaign there is no change for them because their reputation is already ruined so anyone who is promoting is doing at their own risk and am sure they are well aware of it as well.
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