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1241  Other / Beginners & Help / Re: New to bitcointalk? Small advice to you. on: April 07, 2023, 02:18:46 PM
Forum does not need new topics about plagiarism, guides about it. There are many topics about it over many years.

What to do when you want to write a guide? Search first to find whether there are guides about it. If you find them, it's probably time to read them thoroughly and if you have no new idea to contribute, don't write yours.

Plagiarsism QA topics. I don't think new topics about plagiarism are necessary

[Guide] Searching effectively.
1242  Bitcoin / Bitcoin Discussion / Re: 1% own 99% of BTC, 1% have 99% of power? on: April 07, 2023, 01:17:34 PM
I think I understand that the BTC blockchain can't be corrupted, because it would be too difficult to do.  But can't the 99% be exploited the 1% that own 99% of BTC?  BTC is a transfer of wealth to a different system.  Won't the 1% be able to exploit the 99%? 
Exploit what?

Who does exploit others?

In fact, you can check the Top 100 richest Bitcoin addresses and I am sure there is no information that 99% bitcoin belongs to 1% addresses. Remember, we can not identify what addresses belong to a specific owner.

There is a Pareto principle that says 80% of assets belong to 20% richest people. It is biased by lost BTC in early days when people considered it is a joke and did not back up their private keys.

Power, I guess you implied about power on the network, by owning hash rate. You must have 51% of network total hash rate to attack their network. It's impossible. Cost is expensive and community, nodes, exchanges will do react to this very quickly.

How many Bitcoin confirmations is enough. Read it first and experience the calculator there https://jlopp.github.io/bitcoin-confirmation-risk-calculator/


1243  Other / Meta / Re: seems like a bug on: April 07, 2023, 01:02:40 PM
i also checked now after waiting for ~10 minutes, and now it's showing, (and i changed my browser to from brave to chrome)
It does not take too long like 10 minutes, are you sure?

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but is it normal to have this type of problem or event (no word in mind)?
It is normal from my experience. There is a lag between your merit stat on your profile page and your merit history page (for received and sent merit history).
  • The first place (profile page) usually has a lag of seconds or up to 1 minute to update. I am sure it won't take up to 10 minutes to update.
  • The second place (merit history page) is updated nearly instantly.
1244  Economy / Gambling / Re: 1XBIT.COM ᐉ 7 BTC WB ᐉ Altcoin Betting ᐉ no KYC ᕗ Instant payouts on: April 07, 2023, 10:15:44 AM
It amazes me that these obvious scammers still have the money, and guts, to run a signature campaign here, but still refuse to pay customers.

Why is that even allowed? There should be some form of line that should not be crossed in this forum.

If an obvious scam site is allowed to promote their service in this community that looks really bad. There will be people who register there because of seeing the add on bitcointalk. So they will see their negative experience in the same light as this forum.

Seriously, something should be done to avoid further people to be scammed, a red flag is not enough.
It's simple. Forum does not moderate scam in Unofficial list of (official) Bitcointalk.org rules, guidelines, FAQ
19. Possible (or real) scams and Trust ratings are not moderated (to prevent moderation abuse).

Frank advice for 1xbit team, if they have enough budget for marketing and are ready to pay for shit posters in signature campaign with zero value posts, they should handle their issues with past accusations.

I do believe that not all accusations are valid as cheaters can try to break their reputation when they see the account was red tagged. I don't think paying to all accusation is good but resolve valid cases is a good thing to do for 1xbit team to move onwards. If they have good service, want to rebuild it, attract more users and they will be able to hire much better participants for their campaign. Then they will gain better effects from their signature campaign.
1245  Economy / Gambling / Re: 💥 💥 💥 VIPCoin Casino 💥 💥 💥 Slots | Live Dealer games | Poker on: April 06, 2023, 02:40:16 PM
We decided to keep this thread instead of posting a new one, as the casino and almost everything on the site got completely re-worked and re-designed. That said, the casino can be looked at, as a new one.
It's good to continue your business with its history even your website was redesigned, revamped completely. It is hardly to trust new business because scam is very common in cryptocurrency space and cryptocurrency gambling sites. So with your old history, it means something for visitors of this thread and your website.

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Management and the team behind it is the same and regarding the feedback, we are looking for it from scratch on our new platform.
To have good feedback for your website, you can run a review campaign. Good feedback means it can help your team to know what need to be improved. I don't mean good feedback is to write only good things about your site.

To have exposure in forum, you can run a signature campaign.

If you need a manager, feel free to drop me a DM.
1246  Economy / Gambling / Re: Duelbits.com | Casino & Sportsbook | VIP | Instant withdrawals!|ARGENTINA & AVFC on: April 06, 2023, 10:26:40 AM
Indeed, if we bet a large amount, our wins will also be large.
But is there a guarantee that if you bet a large amount, you will "definitely" win? Nothing right?
So if you are wise, you will not bet large amounts but only in moderation because gambling is not a place to make money but only for fun.
Reward for win bet depends on your input capital for that bet and the given odds for it. Of course, if you bet big, when you win, you will get big reward. However, there is another way to win big, bet small but choose high risk of loss with too high odds.

Basically, don't bet if you don't afford to lose your money, no matter it is big or small capital. If you are ready to bet, you should afford to lose it. The rich bet big and the poor bet small.

The wise gambler choose low odds to manage risk better and accept small win reward. It does not mean you always win if you choose low odds to bet, but it reduces risk of loss.

In the past, Leicester City in Premier League season 2015 - 2016 is a very interesting case for gamblers.

What is the biggest ever football bet?
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The biggest single football bet ever landed was on the famous 5,000/1 offered by bookmakers on Leicester City winning the Premier League in 2015-16.

Claudio Ranieri’s men pulled off one of the biggest sporting shocks in history by winning the title, with one punter making over £72,000 from a £50 stake after cashing out in March.

Had the punter let his bet run for just a few more weeks, it would have paid out at £250,000.

Another backer of the 5,000/1 price, Leigh Herbert of Leicester, placed £5 on the unlikely event and cashed out £2 of that for £5,600 before the remaining £3 returned £15,000 in May – a total windfall of £20,600.
1247  Other / Beginners & Help / Re: Btc mining or staking crypto? on: April 06, 2023, 10:21:13 AM
I plan on investing in the crypto space, but for long term. Between mining and staking, which one would be a better option?
It is better if your choice is Bitcoin.

With Bitcoin, let's get started by considering two options: Investing and Mining.

Mining is not as simple as you think and it requires inputs like ASICs, cheap enough electricity power source, location for your farm, human resources to config and observe ASIC operations as well as for maintenance. You should have technical knowledge to self-solve technical problems to save your time. And some other things like deep budget to survive through mining capitulation when market is very bad.

Investing is most easily thing to do. Just buy bitcoin and store it in non-custodial (self-custodial) wallet. Hold and wait it till days you can take profit.
1248  Bitcoin / Bitcoin Discussion / Re: Jamie Dimon CEO of Chase Bank on Banking Crisis on: April 06, 2023, 04:50:44 AM
Quantitative easing and dollar printing should stop at once.
Those things won't disappear in global economy. I use the word disappear to emphasize that it will exist in global economy forever. Stop, halt are kind of temporary not forever. Money printing and Quantitative Easing (QEs) are how global economy boosted by inflation created by governments and central banks.

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You get money at a certain interest rate, and you lend that money to the businesses and commoners like us and earn the spread. So when you cost of raising funds increases, banks must not invest that money into low-ticket treasury bonds. You don't earn spreads. The situation worsens because FEB kept on increasing interest rates without thinking about the consequences.
You can earn interest with traditional low interest rate but when the rate is overheated, it leads to Inverted Yield Curve which is a main cause of bank collapse. SvB, Signature and other banks' collapses recently are latest examples for impacts from Inverted Yield Curve.

I believe those CEOs, CFOs do know about Inverted Yield Curve and its impacts but they were fooled by FED months ago as in many press conferences, they stated that interest rate won't be increased.

Fed holds interest rates steady near zero, says economy is still well below pre-pandemic levels (Nov 2020).
1249  Bitcoin / Bitcoin Discussion / Re: Microstrategy bought more bitcoin on: April 05, 2023, 02:15:39 PM
According to MicroStrategy Bitcoin Holdings Chart & Purchase History, they owns 140,000 bitcoins as of April 5, 2023. The average purchase price was $29,803 per bitcoin with a total cost of $4.17 billion USD.

You can visit the link to see detailed table for their purchases in BTC purchased, amount, total bitcoin, total dollars and when they made those purchases.

However, you decide how your investment ends. If you can not hold your bitcoins, you will be more easily gotten loss rather than profit. Because you will have to sell your bitcoins even when you don't actually want to sell it but unfortunately you must do it.

To sum up, look at institutional investor activities is good as it can give you insights about their plans and possibly next trends of market. However, it is not enough can useless if you don't have good plans for yourself.

Some other sites to observe Bitcoin Treasuries
1250  Economy / Service Discussion / Re: Participating in Mixer Signature Campaign on: April 05, 2023, 08:22:45 AM
After 2 months, it continued (with slightly less spam).
Less spam because most active spammers were banned and the campaign was managed by yahoo62278 after all. He blacklisted many spammers from that campaign and rejected to pay for spam posts.

List of banned participants in the Cryptotalk Campaign. It started with Yobit, then changed to Cryptotalk.
1251  Bitcoin / Bitcoin Discussion / Re: BITCOIN SUPPLY LIMIT on: April 05, 2023, 02:58:33 AM
It is estimation that is certainly not correct!

Estimation is based on many assumptions which can be true or untrue in reality. I made my estimation in the past and you can use similar methodology to make your estimations with latest on-chain data and UTXO bands you want to use.

My estimation 3 years ago.
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If you move further by use deduction for potential lost bitcoin (from 2+-year inactive addresses. It is about 21.66% (in March 2020) of circulating supply or ~ 4010329 BTC (I used 21.66% and today circulating supply to estimate lost BTC).


Why after next year's halving, the next are as follows;
2028 = 1.5625  BTC
2032 = 0.78125  BTC
2036 = 0.390625  BTC
2040 = 0.1953125  BTC
2044 = 0.09765625  BTC
2048 = 0.048828125  BTC
2052 = 0.0244140625  BTC
2056 = 0.01220703125  BTC
2060 = 0.006103515625  BTC
Visually



1252  Bitcoin / Bitcoin Technical Support / Re: Electrum backup question on: April 04, 2023, 02:32:39 PM
I found some electrum wallet backups on a usb stick I found,I loaded them into electrum and it asks for the password
Password was set up by you in the past and its role is to protect your wallet file. You and others can only access private keys in that wallet file if you have the wallet password.

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I just want to see a balance
You can only see it if you successfully access that wallet file by your password or if you have its public address to check it on Bitcoin block explorers or import it to have a Watch-only wallet. It seems you don't have anything of such.

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if there is anything worth while in them then I can worry about finding my old password,I used the same password but with different numbers at the end so it is do-able but I don't want to start this process unless I know there is some btc in there.

Can I do this,see the balance of the backup somehow,I don't know the seed or the wallet number but can figure out the password if there something there,I know with unknown btc wallet backup's you load them into qt and can see the wallet number and balance but I can't seem to figure out how to do this with the electrum backup.
Only one option, brute force your wallet password but chance to succeed depends on complexity of your password and how many key characters you remember as well as computational power of your computer used for brute-forcing process.
Are you passwords in the green?. If your password is in the green, chance to brute-force it is silm.  Smiley
1253  Bitcoin / Bitcoin Discussion / Re: BITCOIN SUPPLY LIMIT on: April 04, 2023, 02:23:21 PM
What you will consider is the bitcoin mining hash rate global distribution we are having, are they adequately enough to evenly satisfy the demands on bitcoin supply, are there currently challenges facing this global hash rate on bitcoin mining, how many countries and geopolitical locations are we having bitcoin miners, are they much enough to satisfy the demand on the required rate, many things had to be considered here before drawing into conclusion.
First, let's talk about your writing and grammar. Your English is not bad but you should improve it, especially grammar that temporarily damages what you want to express. I can guess what you want to discuss but improvement should be made.  Wink
  • Grammarly.com. I advise you to use this one together with Grammar book

Second, you misunderstand about how Bitcoin blockchain works, how difficulty is set up to retarget. Hashrate on the network can rise or fall but difficulty retarget algorithm is always in place to do its task every 2016 blocks (which is about 14 days).

Bitcoin network's Total hash rate (TH/s). Choose all to see how it has risen with time. Then see how Network difficulty adjusted in history with some deep falls.

If you want to discover some reasons behind this (like flood season in China mainland, mining crackdown), explorer in my topic

A cool tool for Difficulty estimator is helpful for you to recognize that Bitcoin network can operate fine with either increasing or decreasing total hash rate.
1254  Economy / Services / Re: [CFNP] whirlwind.money | Redefining Mixing | Signature Campaign ~Up to $150/week on: April 03, 2023, 02:27:31 PM
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1292764
Current amount of posts: 7665
EARNED merit in the last 120 days: 183
bech32 BTC Address for payouts: bc1qquvm0ecgtd73gx47un6r8tc6k24xf7kl9nsghc
1255  Economy / Gambling discussion / Re: Premier League Prediction Thread 2022/2023 on: April 03, 2023, 01:49:23 PM
Newcastle deserves to win this match. They played with such determination, which making them the superior team on the pitch. But, what impressed me a lot about their solid defense, that prevented the opposition from scoring any goals throughout the match. Man United's performance was quite underwhelming and did not live up to expectations. They were outplayed by Newcastle, and frankly, they deserved to lose by an even larger margin. Newcastle has now moved above Man United in the standings and claimed the third spot in the league.
Newcastle United deserves to win it with their performance.

This defeat pulls Manchester United back to reality that they are not strong enough as clubs which can win 3 or 4 titles in a single seasons. They are very dominating teams in those seasons but it is rarely seen and those clubs have to sacrifice unimportant competitions. Manchester United are opposite as they are not too dominating strong but they did not sacrifice any competition. Weeks ago, they hope to win 5 titles and now they will have to face with reality that they even can lose a position in top four.

Unlike Manchester United who played as if they were on training ground.
There was no force. There was no motivation, that is not known for Manchester United.
The attack was just like neutral or it never existed. The only person that spiced up Manchester United game was Anthony martial who entered somehow late because of his injury. I think Eric the Manchester United should not relax. He is having many under-performing players in the ditch such as Weghorst and Co.
Manchester United and Ten Hag will have difficult matches with Sevilla in Europa League too. In recent weeks, Manchester United look to touch their best form in this season after that they started to fall down. Will they be about to recover and avoid losing top four and failing in other competition. A few more matches will decide this season for Manchester United and hopefully they won't end this like Arsenal in the past season.
1256  Bitcoin / Bitcoin Discussion / Re: (Bitcoin payment success) 3-month statistics on: April 03, 2023, 01:28:04 PM
my old thread and taking a few pieces of advice. It is not worthless to be here at all.
Is it better if you update those stats, charts in your old thread that is locked now?

It would be more easily for readers to follow how you started with "Bitcoin accepted here" for your business and how it grew with time. If you continue this trend, you will create many topics like other topics for "6-month statistics", "1-year statistics" and "n-year statistics" for (Bitcoin payment success) like that user
1257  Other / Meta / Re: Can Bitcoin Talk forum launch its own coin? on: April 03, 2023, 12:49:31 PM
@theymos launched the official Bitcointalk ICO in 2018. However, you're pretty lucky. It's still running and you can still buy some coins, if you want.

Just check the official announcement thread: [ANN][ICO]HoweyCoins: the only BitcoinTalk-endorsed ICO - GUARANTEED PROFIT
It is an educational ICO from theymos to warn Bitcointalk members about scam ICOs especially at highest hype with ICO in 2017 and 2018.

Many forum members actually felt great with this ICO at the first glance. Honestly I fell into this fooled ICO from theymos as well but later I realized that theymos did creatively educated us about scam projects and how scammers team will use influencers, too good to be true offers to scam investors.

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(It's guaranteed profit btw. And that's why all the Legendary members drive lambos ofc.)
Too good to be true Smiley

If the forum is to launch a coin what will it be use for ??
It would be a mean to convert merit points to something you can sell on exchanges.
1258  Economy / Gambling discussion / Re: Premier League Prediction Thread 2022/2023 on: April 02, 2023, 02:25:40 PM
And shortly after there is a match between Manchester United and Newcastle. Newcastle are currently performing exceptionally well, creating great enthusiasm among the team's players. I am slightly concerned that Manchester United will lose this match. However, the match will be highly competitive and there is a possibility of a draw.
Newcastle United have grown a lot in the past season and this one. In this season, they impressively got very limited defeats in Premier League. They used to hold a third position very long time before losing it to Manchester United. I don't think they will have good chance to get that position back but top four is their target in this season.

In this match Manchester United will not have Casemiro who is one of most important pieces in their squad. He cam le and made their midfield stronger which is a foundation for Manchester United success in this season. Without Casemiro, Manchester will have more issues with attacking from Newscatle United.
1259  Other / Meta / Re: New CAPTCHA now required before posting on: April 02, 2023, 12:07:48 AM
Where is the Bird?

I love Bird  Cheesy

How to fly with Bird now  Cheesy
1260  Economy / Services / Re: [OPEN] Re-Launch Sinbad Signature campaign | Reward up-to $350/w on: April 02, 2023, 12:03:29 AM
Current number of posts (including this one): updating
Rank: Legendary
Merit earned in the last 120 days: 183

Let me be the first applicant after April Fool. Am I the last one fooled?  Cheesy

I can personally recommend anyone who got accepted into my most recent campaign - they'd be a great fit!
Even if Royse picks all participants from your campaign, there are still vacant spots for others to apply and join (like 13 Hero/Legendary;1 Senior, 1 Full members)  Smiley
It means open slots are:
16 * Legendary
17 * Hero
16 * Sr. Member
11 * Full Member.
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