Bitcoin Forum
May 27, 2024, 01:04:50 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 [64] 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 ... 1151 »
1261  Bitcoin / Development & Technical Discussion / Re: Block 811273/74 mined before block 811272 on: October 10, 2023, 04:55:43 AM
My node received block 811272 4 minutes earlier than 811273 and 9 minutes earlier than 811274. That confirms they were mined in sequential order.
To be clear in the blockchain blocks can only be mined in sequential order because block (n+1) must have a reference to block (n) (the 32 byte previous block hash field in each block header) that can only be known if block (n) is already mined.
1262  Other / Beginners & Help / Re: Will my private key be seen by everyone on the network? on: October 10, 2023, 04:49:29 AM
I read that the private key is a collection of letters and numbers
A private key is a big number and numbers can be represented in different ways. For example: ten, 10, 0b1010, 0xA are four different ways to represent the same number, 10.
In bitcoin we represent this number using a special encoding called Base58 which means what you see is a combination of letters and numbers.

Quote
are used to verify transactions and prove ownership of a bitcoin address
In bitcoin we use mathematics and an algorithm called Elliptic Curve Algorithm and use what's called Digital Signatures.
You create a "signature" mathematically using your private key and publish that alongside your public key that is also mathematically computed from the private key. Both of these processes are one way (meaning they are irreversible).
Others can verify the authenticity of the signature with your public key while not be able to know your private key because of how the algorithms work.
1263  Other / Politics & Society / Re: Can Israeli - Palestinian conflict worsen the crisis? on: October 10, 2023, 03:14:41 AM
I saw it on BBC that US are sending what would help Isreal in defense.
There isn't really anything new here though. US has been sending billions of dollars of American taxpayers money to Israel for as long as it existed (ie. after its artificial creation in post WW2).

Quote
The influence that Palestine will have would be from Muslim countries like Iran:
I wouldn't call it "influence", it is more like assistance and it is sadly only Iran that assists Palestinians in their struggle to regain their occupied country and battle the genocide that is set to eliminate any sign of them from this world.

Quote
Russians are main Christians and Isreal will have more influence in Christian countries. Although, Isreal are Jews but in reality, the Christian countries will prefer to support them.
No offense but they must be a special type of stupid! One of the things Zionists love to do is to go to Bethlehem and the birthplace of Jesus Christ and urinate on its wall for fun.

This is a pointless conflict. Hamas can never win, and Israel can only kill more innocents just to try to hit a few combatants.
Sometimes the choices you have are to either sit back and let the genocide continue until nothing is left of you, your family and your race or you try something and hope to win.
BTW Israel doesn't murder women and children to "hit a few combatants", the armed Palestinians aren't even in their vicinity to be killed in such airstrikes. The Zionist terrorists murder children to discourage the resistance at the front from advancing.

This is also clear from the videos where we see the Palestinian resistance launching their rockets. The locations are always an open space, jungle, desert, etc. You never see any buildings anywhere close.
However when Israel uses the US donated bombers, they are always bombing civilian buildings and schools like the UN school they bombed murdering dozens of children and hospitals like the International Eye Hospital in Gaza 2 days ago.

Quote
Iron Dome was probably designed for hundreds but not thousands of missiles.
More like dozens and it is a rocket defense not a missile defense.
This was also mainly a ground assault not like before which was solely a rocket attack from afar. This is why Gaza size is now doubled as they have already liberated nearly the same size around the strip and last I checked they are close to opening a route to the West Bank (the remaining Palestine) which would effectively surround the occupiers from 3 sides.
1264  Other / Politics & Society / Re: Can Israeli - Palestinian conflict worsen the crisis? on: October 09, 2023, 06:58:17 PM
Even funnier fact - Zelensky himself is a jew.  Grin
Technically and officially he is a Zionist.

In other news the Zionist terrorists cut off Gaza strip's water and electricity before they started carpet bombing civilians. Meanwhile the Lebanon #resistance seems to have entered this war from the Northern front and has already attacked a handful of Zionist positions in northmost parts of occupied Palestine.

On the other hand the only involvement US has had so far in this conflict was a C-17 sent to the terrorist organization with arms and the USS Liberty, I mean USS Ford Cheesy just "hanging around"...


As I was typing the most interesting thing popped up on my screen. Yemenis #resistance just threatened United States that if they enter this conflict they will attack all Israeli and US positions. You know what the significance of it is? Yemen is the poorest Arab country that has been under a full scale invasion by the US-Arab coalition for the past 9 years and it is located at a 2000 km distance!!! 'nough said Wink

So let me paint a little picture about your title even though everything is changing real fast and predictions at times like this is tough:
If US regime decides not to heed the threat and goes rogue, the entire Middle East will turn into a hellhole for all US assets and anybody who stands near them. As the former United States Marine Corps intelligence officer captain Ritter once said "[US military] is going to be dominated in a way they've never been dominated before".
That also means oil and gas prices to the moon.
That means Suez canal shuts down.
That means Europe's main trade route is shut down for at least a year
That means all import/exports will have to go around the entire African continent, face attacks from #resistance (the African branch) and face the worse sea conditions all of which would skyrocket price of everything across EU...
1265  Economy / Economics / Re: The world continues dumping US dollar (Gold, New World Order, World War III) on: October 09, 2023, 05:54:38 PM
The war between these two countries
It's not two "countries" though. Just as Ukraine and Donesk, Donbas aren't 2-3 countries. It is one country called Palestine that has majority of it under occupation. Gaza can not even be categorized as a country! It is more like a large prison.

Quote
What is happening in this war is because of the fight over the promised land and the heritage of their ancestors, not on politics or economics like other things. and as far as I can notice this war does not affect global politics and economic polarization so it is very unlikely to trigger a world war.
Only on paper. In truth this is actually tied to the World Order, the old and the new.
You see the fake country of Israel was created artificially a little more than 70 years ago after WW2 so that the Western hegemonies (basically United States) could have a wild dog in the most energy rich region of the world that not only controls the balance of power to be always tipping towards US to help US control the energy but also has access to East Mediterranean sea and one of the most strategic and economical chokepoints on earth called the Suez Canal controlling European economy (ie a rabid dog for both West Asia and Europe).

As the organization weakens and as the resistance takes back the occupied places (which may take a long time) US continues losing its power and the New World Order is solidified even more.
1266  Other / Politics & Society / Re: Can Israeli - Palestinian conflict worsen the crisis? on: October 09, 2023, 04:18:57 PM
I find it interesting that Russia, who itself is an invader murdering civilians and bombing cities, supports another country that is currently being oppressed. When we lay siege, that's fine, but when another country does the same, we're against it. Freedom for the oppressed! Cheesy
Russia is just trying to play the field, putting pressure on US proxy in the region to put pressure on US. This caricature shows how Russia is seeing the situation better than I can explain: https://www.talkimg.com/image/RZ5Vv

We have to wait and see if the Zionist lobby infestation in United States ~
Mentioning a Jewish lobby in the US is called antisemitism by Jews.
That's becaue majority of the people in the world do not know the difference between Semites, Jews and Zionists. If I wanted to put it in one sentence while simplifying it: the relationship between Semites > Jews > Zionists is like the relationship between Middle Easterners > Muslims > ISIS.

The biggest crimes the Zionist fraction has committed is actually against Semites and Jews. This is why many Jews are against Israel and burn its flag. Examples from London and New York.

Thanks for raising this matter BTW.
1267  Bitcoin / Bitcoin Discussion / Re: In Case of Global Conflict, Is BTC The Best Alternative? on: October 09, 2023, 03:46:23 PM
The example you used is such a localized and small conflict that doesn't have any global impact. At least so far and until no third parties get involved. But to answer your question, it depends on the scale of the conflict and the type of the battlefield. For example in a worse case scenario which is a global nuclear war, something like bitcoin is absolutely useless. So is fiat and any other assets and most probably even gold and other precious materials. But in a WW2-type conflict things could be very different to the point where something like bitcoin that can not be seized and can be carried across borders very easily and undetectably has the potential to shoot to the moon due to the massive increase in demand.

In short whenever the world is disrupted for any reason (COVID, energy crisis, economic crisis, war, etc.) things become too complicated to predict. We also have to consider dozens of factors affecting bitcoin and the economy to be able to make any kind of prediction.
1268  Economy / Economics / Re: The world continues dumping US dollar (Gold, New World Order, World War III) on: October 09, 2023, 03:31:00 PM
It is possible that today the world has become even closer to the Third World War. Yesterday, October 7, the Islamist group Hamas launched its biggest attack on Israel in many years.
The terrorist organization commonly known as Israel has been falling apart from inside for about 4 years now where no "government" can remain in office for long and the back to back protests across the occupied land for 40+ weeks against the radical Zionist is another indication of how this terrorist organization is coming to its end of life.

Palestinians are now using this opportunity, specially as the armed IDF terrorist have been abandoning their posts for the past months, to attack the occupiers and try to take back as much of their occupied country as they can.

However, this is all too small and too localized to lead to a World War. Not to mention that United States has not dared to enter this conflict so far which would be the only reason why this war could expand. And I don't think they have the capability or courage to enter it at this point either. The warning US regime received was too serious for them to do anything but stand back and watch their dog burn.
1269  Economy / Economics / Re: What US can do with its dept? Genuine question. on: October 09, 2023, 03:22:59 PM
We all know that US borrowing heavily. There are a lot of information on US debt on the Internet. Just to make it short, I will ask few questions:

What do you think, how this situation will be resolved? What did happen to any other nations who had huge dept in history? Is there any ways offered by economists to resolve the situation?

1.Solution number 1: The Federal Reserve keeps printing more dollars, which leads to devaluing the US dollar, which devalues the US debt.
2.Solution number 2: The USA defaults and stops paying the debt. All the creditors lose money. The financial markets crash. The economy crashes and we will be witnessing another Great Depression for 10 years or more.
I think that the US central bankers and politicians will choose solution number 1.
There's also solution number 3:The US government cuts 2 trillion dollars government costs and raises taxes in order to achieve a balanced federal budget and get rid of the budget deficit. This is close to impossible.
This is exactly why dedollarisation is mandatory for every nation around the world, that is if they want to survive the upcoming economic crash. The more they decouple themselves from the US economy and the US dollar the less affected they will be.

BTW they tried the solution #3 by cutting the cost from certain sectors like the healthcare, etc. but they increased the military budget and the military spending for overseas wars that not only negated that but also increased the US national debt by over a trillion dollar,... so far....
1270  Other / Politics & Society / Re: Can Israeli - Palestinian conflict worsen the crisis? on: October 09, 2023, 07:00:23 AM
Meanwhile, oil prices reacted to the news exactly as I predicted:
Some analysts are starting to compare things with the 1970's situation (1973-ish) where the oil price went from about $3-$4 up to $12-$15 which is about 4x rise!

Meanwhile United States has not yet dared enter this conflict despite having a large force in the region (like the Ford Carrier Strike Group in Eastern Mediterranean or baes in Syria, Jordan, Iraq, etc.) simply because the Resistance threatened to wipe out all their bases in Middle East.
We have to wait and see if the Zionist lobby infestation in United States is going to be able to push them into making this stupid mistake and the scale of the response so we can see if there is a possibility to say hello to $400-$500 per oil barrel... Grin

P.S. I wonder if Israel is going to sink another US Navy ship like USS Liberty in '67 lol
1271  Other / Politics & Society / Re: Can Israeli - Palestinian conflict worsen the crisis? on: October 09, 2023, 06:21:36 AM
Plot twist: Saudi Arabia and UAE as Arab states take the side of Palestine and start to actively participate in the conflict. Taking into account they're cutting their ties to the US and leaning towards Russia it's entirely possible. What is going to happen then?
What do you mean by "participate"? Just because they made a statement out of fear it doesn't mean they are participating in anything. Both Saudi and UAE dictators know very well that the country they invaded in the past 9 years called Yemen is now capable of bombing them back to stone age and Yemen supports Palestinian struggle for freedom. They have to make these statements because they know that Yemen has legitimate cause to attack them (as they are the invaders and haven't yet fully left the Yemeni's soil).

the Palestine terrorist.
I wonder if anybody dares call people of Ukraine terrorists?
After all Ukrainians are doing the same thing as Palestinians do, they've picked up arms and are attacking the invaders who are occupying their homes.
Although the difference is that Russia is only occupying Ukraine while Zionists are committing genocide in Palestine...
1272  Economy / Economics / Re: What US can do with its dept? Genuine question. on: October 08, 2023, 04:45:46 PM
The US producing money, accumulating debt, and exporting inflation is significant, right? As the world's reserve currency, the dollar has long been unique to the US. What happens when more nations abandon the dollar? As you noted, exported inflation could return to the US, raising prices and possibly causing a recession. A tricky balance, right? Managing the economic effects of such transformations demands a strong and flexible economic strategy. How will the US and others handle global economic changes? Only time and policy will tell.
Abandoning dollar is the definition of the New World Order. Each time the World Order changes, there will be a lot of "chaos" in the world. In other words it is expected in all aspects including economy, energy, food, security, etc. Many countries were already prepared for it, some got prepared for it over the past year and a handful will continue to remain unprepared.

How will they handle this significant global change?
How each country will handle it depends on the countries considering their preparedness, their people, their strengths and weaknesses, their infrastructure, most important of all their resources and their relations (which side they stand with).
For example both Pakistan and Germany have been facing an energy crisis over the past 1.5 years but the effects and how they handle things are vastly different!
India is another vastly different situation as they are transitioning into China's role as a massive "production factory" and has been setting record high economic growths despite being an energy importer too.
Iran is another example but as an energy exporter that despite being in the midst of the longest and largest cold war in history, has the most battle hardened economy and despite all this has been setting record high economic growths from 5% last year to the 7.9% from the first quarter of this year (that is Spring).

As for US itself, they too have plans to prevent hyper super-ultra inflation inside United States as the world dumps the dollar. I haven't done extensive research to fully explain it, just read some articles here and there. For example one way is the laws they have that would practically "block" the dollars from coming back to US mainland! Basically turning any dollar outside of US soil into garbage to keep the "domestic supply" low.
1273  Other / Politics & Society / Re: Can Israeli - Palestinian conflict worsen the crisis? on: October 08, 2023, 04:23:07 PM
I was not aware of this incident, but I think it might not be the main reason or might be I can not say for confirmation because many incidents occurred at Al-Aqsa Mosque, and many Muslims were assaulted there for no reason.
Past week alone was filled with assaults such as the one I explained and the Arabic media is filled with news of it and the anger of people's from different countries condemning these atrocities and the Palestinian resistance warning the Zionist extremists of a retaliation. But of course the heavily censored Western media only covers the story from right after the retaliation portraying it as if the Palestinian resistance is the starter and the extremist occupiers are the oppressed!

Quote
I have watched many videos of the attacks from both sides on TikTok because such videos are deleted by the media in no time, I when read the title of this topic, I thought it would also be deleted from here, but I came here to know what members of this forum have to say about this incident.
One good thing about this forum is that despite being US based it does not follow the US censorship enforcements. Possibly because discussions here do not get the same amount of traffic like other places such as reddit, twitter, etc. get. Like this topic that has only gotten 90+ views. So the "choke acts" that US regime tends to issue in cases like this do not apply here Roll Eyes
1274  Economy / Economics / Re: What US can do with its dept? Genuine question. on: October 08, 2023, 10:59:31 AM
My country is in huge dept especially after they took several loans form other countries that includes China,
There is a huge difference between foreign debt and national debt. What your country (and a lot of others have) is foreign debt which is where they borrow money from elsewhere.
The national debt which is what US is suffering from is where you print more money than you should by practically borrowing money from every single citizen creating inflation. Another way to look at it is the government spending more money than they actually have. This is a simplification but I hope you get the difference.

What's gonna happen depends on how dedollarisation goes. You see unlike other countries and other fiats, when US prints money and creates debt, they export that inflation to others. But as more countries dump more dollars, this inflation goes back to United States.
So a period of very high inflation and shrinking economy and even recession is on the horizon.
1275  Economy / Economics / Re: Can stablecoins be able to prevent de-dollarization? on: October 08, 2023, 07:48:23 AM
If stablecoins are backed by the dollar, then this, in my opinion, will only strengthen the dollar, since it will mean the circulation of the same dollar. If a stablecoin is supported by another national currency, then, on the contrary, to some extent it will weaken the dollar. If the stablecoin is backed by another financial asset, then this should have virtually no visible impact on the dollar.
For stablecoins to strengthen the dollar they have to fulfill two things.
1. Actually being backed by US dollar at a 1:1 rate.
This is obviously not true and never been. The biggest stablecoin that is Tether is known for not being backed by dollar for many years, specially since 2016-17 when they started printing a ton of it out of thin air in short intervals.

2. To be massive (in tens of trillions)
So far the biggest shitcoins have only been able to print billions of their token and as I said, even that is not backed by dollar so the real value is not even in tens of billions. In order to have any effect on the strength of the dollar they have to be much much bigger than this.
For example when we say Petrodollar used to strengthen the dollar, we were talking about $10 billion wroth of oil every day (102 million bpd) which $3.5+ trillion annually.
1276  Bitcoin / Bitcoin Discussion / Re: I recently convinced my employer to start paying me in BTC, it has been great on: October 08, 2023, 06:47:55 AM
Pretty cool, so these have no actual KYC process in any capacity, even for P2P trading? Or is it just a veneer?
Bisq is so far the most Decentralized EXchange with no KYC that I know of and every trade is peer to peer with the company providing the servers to connect peers and the option to use escrow.
1277  Bitcoin / Bitcoin Discussion / Re: I recently convinced my employer to start paying me in BTC, it has been great on: October 08, 2023, 06:31:19 AM
Do you have any tips where I should look at for P2P? Currently I use Binance, I know we are not fans of centralized exchanges here and justifiably so. But I have been using it specifically for P2P and to be fair it hasn't been bad. Decent search process, escrow and chat are available.
Binance is a centralized exchange, even what they refer to as "DEX" is not exactly a P2P trade or decentralized. CEXes have their merits too, as long as people are aware of the risks and disadvantages involved in using them.

As for alternative for a true decentralized P2P trading platform, check out Bisq.
https://bisq.network/
https://github.com/bisq-network/bisq
1278  Bitcoin / Bitcoin Discussion / Re: I recently convinced my employer to start paying me in BTC, it has been great on: October 08, 2023, 06:10:55 AM
Recently, I convinced them to start paying me in BTC. I save what I have to save, and convert the rest to fiat via P2P trading. Its so quicker and I get great deals, no more bullshit. I think this has been a great benefit of crypto for underdeveloped nations.
If you are indeed getting "great deals" then this whole thing makes sense but usually in all cases of P2P trading specially when people trade bitcoin to their local fiat currency, they get terrible deals with a huge spread. Meaning the price they sell their bitcoins is far lower than the current price on CEX and a lot lower from what they have to buy bitcoin at in P2P orders.

Yeah, I don't think its legal. But I am not worried about it at all, people use it all the time, there are ads and as far as I know nobody has ever gotten in trouble for just transacting it in BTC here, exchanges and crypto sites operate here without any hassle.
You shouldn't make assumptions about these things specially if you are getting serious about receiving bitcoin as your official salary. I don't know which country we are discussing here but there may actually be some regulations in place, considering how almost all countries have some regulations regarding bitcoin already. So try to consult a legal expert in this matter to avoid future problems.
1279  Bitcoin / Development & Technical Discussion / Re: UTXO explorer, instead of block explorers on: October 08, 2023, 05:41:14 AM
As blockchain gets bigger and bigger, people no longer can use their internal HDD or SSD, permanently attached to their machines, because many devices have 256 GB or 512 GB storage. That means, some external disks are needed, for example connected via USB.
the problem is you usually don't get hardware with built-in 4 TB disk, so you need some external one.
Are you talking about laptops here? I think the main system people usually use to run full nodes is their PCs not laptops, I don't even think it is efficient to use a laptop since you can run a PC for long periods even 24/7 but not a laptop.
A PC motherboard supports multiple storage disks (SSD, M.2, SATA).

I also wonder, how many times you tried to verify the chain. Because CPU speed is not much better than ten years ago.
The speed of a single core hasn't gone up for ages but we are getting CPUs with many cores that can perform computations in parallel hence significantly increasing the computation time. Full nodes like bitcoin core utilize parallelism for verification.

Quote
And now, I made a copy of the whole chain on my 4 TB external disk, and I spend next hours on getting it reindexed, to the point where it were before latest crash. Guess what: copying the whole chain was quite fast, but verification is still ongoing, it was started on Monday this week, and I hope it will finish before next Monday, without crashing. But I restart the client regularly, and refresh my copy, to not start reindexing from 2009 again. Guess what: reindexing is much slower than refreshing my backup.
If you have enough RAM and are using bitcoin core, try increasing your dbcache. It helps with the verification process speed up.
1280  Other / Politics & Society / Re: Can Israeli - Palestinian conflict worsen the crisis? on: October 08, 2023, 04:06:22 AM
Will this (re)emerging conflict fuel a new war and worsen the global economic situation?
It is not a (re)emerging conflict, it is an ongoing conflict for the past almost 80 years that Palestine has been occupied. It's just making a lot of noise in the media because over the past 24 hours, it has been the Palestinian resistance that is hitting back and not the terrorist organization commonly known as Israel.

For example if you search the entire Western or Russian media you will not find anything regarding the IDF terrorist raiding the Al-Aqsa Mosque 48+ hours ago, brutally beat the women praying there, rip off their cloths assaulting them. In other words the main reason why the Palestinians rose up and started feeing their cities one at a time.

Hamas fired more than 2200 missiles and the legendary Iron Dome failed to protect Israel with many missiles getting through and exploding in the streets.
Only in the initial phase 5000 rockets were launched in 20 minutes ie. ~4 rockets/sec Wink
The number of missiles launched was smaller.
Pages: « 1 ... 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 [64] 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 ... 1151 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!