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13201  Bitcoin / Development & Technical Discussion / Re: The Lightning Network FAQ on: November 14, 2020, 10:50:06 AM
Unlike on-chain transactions, off-chain transactions aren't limited in capacity, so market mechanisms should lead to an equilibrium between cost and profit. If fees go up a lot, new parties can join the LN-routing-market and fees will go down again until there's a new equilibrium.
Isn't that the same as mining, hashing power, and demand? Because offchain channels are also as limited as the amount of capital, the Bitcoins held, the users have.
No amount of hashing power, capital or earnings per block can increase the number of transactions Bitcoin can process (I'm ignoring small fluctuations until the next difficulty adjustment).
With LN, anyone with some coins can set up a node, which increases the number of available routes. The new node will need to connect to some nodes (or users). I've seen several offers from node-owners that pay to open a channel with them.
13202  Other / Meta / Re: LoyceV's Weekly Trust list overview in Human Readable Format on: November 14, 2020, 10:35:32 AM
Update:
Trust list of the week to avoid loading the large index page: Trust list for: theymos (Trust: +28 / =0 / -0) (DT1! (51) 6956 Merit earned) (Trust list) (BPIP). You can also use BPIP for easy navigation, or https://loyce.club/profile.html?id=459836 (obviously replace my userID with the one you're looking for).
The top-navigation-bar is still being updated.
13203  Other / Meta / Re: The future of Bitcointalk: Low Ranking Top Merit earners in the past 30 days on: November 14, 2020, 09:05:09 AM
Update:

    1. Newbie Lightning Tony (Trust: +0 / =0 / -0) earned 36 Merit in 30 days (BPIP)
    2. Newbie Tornomy (Trust: +0 / =0 / -0) earned 30 Merit in 30 days (BPIP)
    3. Newbie LiveBTCdata (Trust: +0 / =0 / -0) earned 21 Merit in 30 days (BPIP)
    4. Newbie Kazummi (Trust: +0 / =0 / -0) earned 16 Merit in 30 days (BPIP)
    5. Newbie Capanatlax (Trust: +0 / =0 / -0) earned 14 Merit in 30 days (BPIP)
    6. Newbie Bergkampsballs (Trust: +0 / =0 / -0) earned 13 Merit in 30 days (BPIP)
    7. Newbie Code29 (Trust: +0 / =0 / -0) earned 13 Merit in 30 days (BPIP)
    8. Newbie Shaydeebankz Banned! (Trust: +0 / =0 / -0) earned 12 Merit in 30 days (BPIP)
    9. Newbie cryptorichrecords (Trust: +0 / =0 / -0) earned 10 Merit in 30 days (BPIP)
   10. Newbie s265925 (Trust: +0 / =0 / -0) earned 10 Merit in 30 days (BPIP)
   11. Newbie nomad647 (Trust: +0 / =0 / -0) earned 9 Merit in 30 days (BPIP)
   12. Newbie xmr9 (Trust: +0 / =0 / -0) earned 9 Merit in 30 days (BPIP)
   13. Newbie renner123 (Trust: +0 / =0 / -0) earned 8 Merit in 30 days (BPIP)
   14. Newbie ElBloggy (Trust: +0 / =0 / -0) earned 8 Merit in 30 days (BPIP)
   15. Newbie Poloche9x7 (Trust: +0 / =0 / -0) earned 8 Merit in 30 days (BPIP)
   16. Newbie kuvarscrypto (Trust: +0 / =0 / -0) earned 8 Merit in 30 days (BPIP)

    1. Jr. Member Disruptivas (Trust: +0 / =0 / -0) earned 61 Merit in 30 days (BPIP)
    2. Jr. Member Bitcoin Store (Trust: +0 / =0 / -0) earned 28 Merit in 30 days (BPIP)
    3. Jr. Member Istiaque (Trust: +0 / =0 / -0) earned 20 Merit in 30 days (BPIP)
    4. Jr. Member Trinx01 (Trust: +0 / =0 / -0) earned 18 Merit in 30 days (BPIP)
    5. Jr. Member erav3n (Trust: +0 / =0 / -0) earned 12 Merit in 30 days (BPIP)
    6. Jr. Member Crptomagma (Trust: +0 / =0 / -0) earned 11 Merit in 30 days (BPIP)
    7. Jr. Member j2002ba2 (Trust: +0 / =0 / -0) earned 11 Merit in 30 days (BPIP)
    8. Jr. Member m.lov (Trust: +0 / =0 / -0) earned 10 Merit in 30 days (BPIP)
    9. Jr. Member abdulodoi (Trust: +0 / =0 / -0) earned 8 Merit in 30 days (BPIP)

    1. Member Apocalipsa (Trust: +0 / =0 / -0) earned 43 Merit in 30 days (BPIP)
    2. Member HedgeFx (Trust: +0 / =0 / -0) earned 36 Merit in 30 days (BPIP)
    3. Member dushanya (Trust: +1 / =0 / -0) earned 31 Merit in 30 days (BPIP)
    4. Member LitLitBit (Trust: +5 / =0 / -0) earned 27 Merit in 30 days (BPIP)
    5. Member Krubster (Trust: +0 / =0 / -0) earned 27 Merit in 30 days (BPIP)
    6. Member Serious475 (Trust: +0 / =0 / -0) earned 26 Merit in 30 days (BPIP)
    7. Member CryptocurencyKing (Trust: +0 / =0 / -0) earned 24 Merit in 30 days (BPIP)
    8. Member BountyDetective (Trust: +0 / =0 / -2) earned 21 Merit in 30 days (BPIP)
    9. Member brollikk (Trust: +0 / =0 / -0) earned 19 Merit in 30 days (BPIP)
   10. Member Stanlo (Trust: +0 / =0 / -0) earned 19 Merit in 30 days (BPIP)
   11. Member rurikramka (Trust: +0 / =0 / -0) earned 18 Merit in 30 days (BPIP)
   12. Member cryptosec.info (Trust: +0 / =0 / -0) earned 18 Merit in 30 days (BPIP)
   13. Member Blackpussy Banned! (Trust: +0 / =0 / -0) earned 15 Merit in 30 days (BPIP)
   14. Member QueenVera (Trust: +0 / =0 / -0) earned 15 Merit in 30 days (BPIP)
   15. Member KaneVWE (Trust: +0 / =2 / -6) earned 14 Merit in 30 days (BPIP)
   16. Member Raytheon (Trust: +0 / =0 / -0) earned 14 Merit in 30 days (BPIP)
   17. Member Stalker22 (Trust: +0 / =0 / -0) earned 14 Merit in 30 days (BPIP)
   18. Member Josefjix (Trust: +0 / =0 / -0) earned 14 Merit in 30 days (BPIP)
   19. Member Coinsbee.com (Trust: +0 / =0 / -0) earned 14 Merit in 30 days (BPIP)
   20. Member Amintas (Trust: +0 / =0 / -0) earned 14 Merit in 30 days (BPIP)
   21. Member japones (Trust: +0 / =0 / -0) earned 13 Merit in 30 days (BPIP)
   22. Member MAAManda (Trust: +0 / =0 / -0) earned 13 Merit in 30 days (BPIP)
   23. Member livecoins (Trust: +0 / =0 / -0) earned 13 Merit in 30 days (BPIP)
   24. Member vincenzo (Trust: +1 / =0 / -0) earned 12 Merit in 30 days (BPIP)
   25. Member bert1587 (Trust: +0 / =0 / -0) earned 12 Merit in 30 days (BPIP)
   26. Member francois-cooper (Trust: +0 / =0 / -0) earned 12 Merit in 30 days (BPIP)
   27. Member sensaaEth (Trust: +0 / =0 / -0) earned 12 Merit in 30 days (BPIP)
   28. Member pankowri (Trust: +0 / =0 / -0) earned 12 Merit in 30 days (BPIP)
   29. Member darkv0rt3x (Trust: +0 / =0 / -0) earned 11 Merit in 30 days (BPIP)
   30. Member Sparrow96 (Trust: +0 / =0 / -0) earned 11 Merit in 30 days (BPIP)
   31. Member Angelbcoin (Trust: +0 / =0 / -0) earned 11 Merit in 30 days (BPIP)
   32. Member fortebettor (Trust: +0 / =0 / -0) earned 10 Merit in 30 days (BPIP)
   33. Member jdmcg (Trust: +0 / =0 / -0) earned 10 Merit in 30 days (BPIP)
   34. Member LordStapy (Trust: +0 / =0 / -0) earned 10 Merit in 30 days (BPIP)
   35. Member Ilia Korguzalov (Trust: +0 / =0 / -0) earned 10 Merit in 30 days (BPIP)
   36. Member dobbscoin (Trust: +0 / =0 / -0) earned 9 Merit in 30 days (BPIP)
   37. Member KingsGambet19 (Trust: +0 / =0 / -0) earned 9 Merit in 30 days (BPIP)
   38. Member BIN-BIN (Trust: +0 / =0 / -0) earned 9 Merit in 30 days (BPIP)
   39. Member Unbunplease (Trust: +0 / =2 / -0) earned 9 Merit in 30 days (BPIP)
   40. Member texgeek (Trust: +0 / =0 / -0) earned 9 Merit in 30 days (BPIP)
   41. Member 1r0n (Trust: +0 / =0 / -0) earned 9 Merit in 30 days (BPIP)
   42. Member btc123thatthere (Trust: +0 / =0 / -0) earned 8 Merit in 30 days (BPIP)
   43. Member Melloiga (Trust: +0 / =0 / -0) earned 8 Merit in 30 days (BPIP)
   44. Member FinneysTrueVision (Trust: +0 / =0 / -0) earned 8 Merit in 30 days (BPIP)
   45. Member Azrieli (Trust: +0 / =0 / -0) earned 8 Merit in 30 days (BPIP)
   46. Member Hustinog (Trust: +0 / =0 / -0) earned 8 Merit in 30 days (BPIP)
   47. Member Tokenista (Trust: +0 / =0 / -0) earned 8 Merit in 30 days (BPIP)
   48. Member Tobi971 (Trust: +0 / =0 / -0) earned 8 Merit in 30 days (BPIP)
   49. Member gunungkembar (Trust: +0 / =0 / -0) earned 8 Merit in 30 days (BPIP)
   50. Member G.Seed (Trust: +0 / =0 / -0) earned 8 Merit in 30 days (BPIP)
13204  Economy / Reputation / Re: maartenhaha --purchased or hacked account on: November 14, 2020, 09:01:02 AM
The password has not been changed.[/b]
https://bpip.org/Profile?id=134519
The password could have been changed before BPIP started tracking changes.

Regarding the languages; it's not strange that a Dutch national does also speak French and/or German, they're close so it does make sense.
There are also Indonesians who speak Dutch. I know some of them in the Netherlands, so some of them probably live in Belgium too. However, "Maarten" doesn't sound like an Indonesian name, and he didn't say he speaks Indonesian when he listed his languages in 2015:
3talig: vlaams, engels en frans, roestig duits en hakkel spaans ^^ lezen gaat veel beter met die 2 laatste haha
13205  Other / Serious discussion / Re: KYC is expanding to YouTube. How wrecked is digital privacy? on: November 13, 2020, 10:23:16 PM
Quote
As part of this process some European users may be asked to provide additional proof of age when attempting to watch mature content. If our systems are unable to establish that a viewer is above the age of 18, we will request that they provide a valid ID or credit card to verify their age. We’ve built our age-verification process in keeping with Google’s Privacy and Security Principles.
Nice try Google, you don't get my creditcard number!

Since when has Youtube adult videos anyway? It's not as if they're competing with NSFW, which doesn't ask for anything before showing everything. The main problem my kids have is watching Youtube videos in weird languages, but they don't give the option to only show selected languages.
13206  Economy / Scam Accusations / Re: BINANCE can't withdraw my 8.000.000 MTH - Ignore me - Kick me out of chat on: November 13, 2020, 09:18:32 PM
Please share this story everywhere.
That won't help anyone.

Quote
Sure, I could just sell the MTH for BTC and cash the BTC out. This would work just right now. But that's not what I want. I created the Binance Account to buy MTH and other small coins and I insist on MY MTH do being paid out to me.
May I ask why you spent 50.000€ on some shittoken? That's one hell of a gamble at any exchange!
13207  Other / Meta / Re: Poll disappeared on: November 13, 2020, 05:48:08 PM
if do you agree with it being trased do you support censorship
The forum rules are clear about it:
1. No zero or low value, pointless or uninteresting posts or threads.
I'd say "Please select an option that is true" is pretty low value.

Millions of low-value posts have been deleted. You call that censorship, I call it keeping the forum clean.
13208  Bitcoin / Development & Technical Discussion / Re: The Lightning Network FAQ on: November 13, 2020, 03:30:33 PM
Then if adopted, will the Lightning Network's fees not be "unfairly cheap" forever?
Unlike on-chain transactions, off-chain transactions aren't limited in capacity, so market mechanisms should lead to an equilibrium between cost and profit. If fees go up a lot, new parties can join the LN-routing-market and fees will go down again until there's a new equilibrium.

Quote
Is there some truth to what some people said that LN fees might be more than some altcoins' fees, because of limited capital, opportunity cost, and demand?
Yes Smiley An XLM transaction for instance costs 0.00001 XLM, which is about $0.0000008 or 5 msat (0.00000000005 BTC). There's no chance and no need for Bitcoin to compete with this, because it's Bitcoin, and not some altcoin.
13209  Economy / Gambling / Re: BetKing.io is a blatant scam operated by Dean Nolan on: November 13, 2020, 03:13:05 PM
beware of this account too NLNico.
I haven't seen any reason to doubt NLNico's motives, and he's on my Trust list.

it is either run by betking dean or he is a cohort of dean the scammer or he is paid to support dean and give fake feedbacks to dean
NLNico left BetKing.io positive feedback on 2015-12-04, and I believe it was justified at that time.

Quote
and give negative feedbacks to anyone that attacks dean
He hasn't tagged JollyGood or me, so this is not true.
13210  Other / Meta / Re: [CHARTS] Brief monthly overview of the local boards activity on: November 13, 2020, 12:35:26 PM
I was really referring to post counts though
My bad, I assumed you meant only the number of Merited posts per thread.
13211  Bitcoin / Development & Technical Discussion / Re: The Lightning Network FAQ on: November 13, 2020, 11:57:54 AM
Why aren't exchanges starting to run/operate their own Lightning nodes? The incentive is there.
I don't think they care about earning 0.2 BTC in several months, or 0.25% on withdrawing small transactions (they earn much more from the common 0.5 mBTC withdrawal fee).
13212  Other / Meta / Re: [CHARTS] Brief monthly overview of the local boards activity on: November 13, 2020, 11:42:40 AM
I do not have the post count though, to derive the merit/post.
That should be easy to get from all Merit data. I don't have data per board, but it's easy per thread.
13213  Economy / Gambling / Re: BetKing.io is a blatant scam operated by Dean Nolan on: November 13, 2020, 10:23:32 AM
Dean deleted this from his thread
Here's an update: https://loyce.club/archive/details/topic_5287374.html



retard.
your stupid false accusation.
If you are incapable of reading
post nonsense claims of scam
just waffle on
sad, pathetic losers
the same shit
that's just stupid
these clowns
Such a professional business ethics, where have I seen that before? Roll Eyes
It's so typical for scammers to start calling people names when they're called out on their scam. It's also very common for scammers to mention none-existing "investors who trust them with their money". It's a standard trick from the scammer handbook to convince gullible people to hand over their money too.

If only you'd have any style, I'd make you a poetry thread too.



Don't pull out loyce ~ He doesn't count (his tokens were worth ~ $600 max ~
Where are all the people that lost real money that matters?
If $600 (actually it was over $700 by my count) is not "real money", how come you had to scam me for it instead of paying it as you should have? Isn't it funny you got many negative feedbacks and a big red Flag for something that you think "isn't real money"? Was it worth the $700 Dean, or did it cost you much more in new scams that failed thanks to the big red warnings on your accounts? If that's the case, it was for sure worth $700 to me!
The irony is: I'd have to withdraw my Flag if I'd be made whole:
Quote
BetKing.io did not make the victims of this act roughly whole, AND it is not the case that all of the victims forgave the act.
Now it takes 10 years for the Flag to expire. Enjoy.
13214  Other / Archival / Re: 🔍 Roobet.com | Guess Total Wagers #70 $50 Prize | Progressive Jackpot inside on: November 13, 2020, 10:02:33 AM
LoyceV: 654,654,654

If anyone's interested, I have almost 4 months of total wagers (one snapshot per minute): loyce.club/other/roobet.txt.
13215  Other / Meta / Re: Why was my reply deleted? on: November 13, 2020, 09:54:52 AM
It's not going to change anything as far as the deleted post goes.
I've seen theymos restore a post in a heated discussion in Politics & Society, but it's quite rare indeed.

looks like it was reported as a necrobump.
It wasn't a necrobump: OP bumped the topic 3 days earlier, which is allowed. It also makes sense OP deleted his bump after another post was made (I do that too when I notice it), so to the Mod it looked like a necrobump.
If negrobumping would be the reason, it doesn't make sense that posts made after that (and even quoting NotATether) were left alone.
13216  Other / Meta / Re: Stake your Bitcoin address here on: November 13, 2020, 09:53:59 AM
In brainwallet try to use the QT version, paste the message without the extra new line. Then just add it yourself and it will work, but in the permalink will fail to verify, weird.
Looks like a bug, just report it Smiley
13217  Other / Meta / Re: Report flagged as bad by mistake? on: November 13, 2020, 09:20:41 AM
Yet every bad I get pisses me off so much that it is quite remarkable even to myself. Grin.
I always wonder what exactly I typed for the bad report. Unfortunately I can't see that anymore, and I report too many posts to remember everything.
My latest bad report was on this post. I'm pretty sure I reported it because it's a duplicate of this post, which isn't allowed:
12. No duplicate posting in multiple boards (except for re-posting it in the local language boards if it's translated).



You can have a duplicate thread in both the bitcoin and alt coin marketplaces obviously providing they accept the relevant currencies, if that's what's happened here.
Thanks, that explains it.

Quote
You can always PM a Global mod at the time and ask them what the report was marked bad for.
I don't want to create more work for them for the few bad reports I get.
13218  Bitcoin / Development & Technical Discussion / Re: is it Dusting ? on: November 12, 2020, 08:13:00 PM
Guess they target high profile and controversial addresses.
I'm more surprised they also target addresses with a very low balance. This address was first used 8 days ago, and has received only 0.00500547 BTC in total. None of this makes much sense Tongue
13219  Other / Meta / Re: Image issue with bitcointalk and imgur. on: November 12, 2020, 06:02:46 PM
It would be amazing if we were able to upload images directly on bitcointalk while posting.
I don't know if this would be possible from an extension?

Quote
Btw with our image hosting, we would be able to integrate compression and resize tools and save a lot of space while giving comfort to users.
I quickly searched for it when I posted this, and there are several image upload scripts out there. If anyone's in for a project ..... Cheesy
13220  Bitcoin / Development & Technical Discussion / Re: The Lightning Network FAQ on: November 12, 2020, 05:51:34 PM
LN is a bit like a spoke-hub: instead of making a connection from anywhere to anywhere, everyone makes only a few connections.
That's just plain wrong. The Lightning Network is completely distributed at its core.
But..... How far is the current Lightning Network from being completely distributed? I get that it's theoretically possible, just like it's possible to send a letter from A to B without using a centralized distribution center, but I'd expect a few large nodes to handle the majority of transactions because it's much more efficient that way.

https://twitter.com/alexbosworth/status/1318778737228349440
Quote
Today my nodes reached 0.21 BTC (currently $2,500) in routing fee earnings, on 83 (currently $1,000,000) of forwarded BTC.
That's 0.25% fee on average, not bad for small transactions (paying 5 sat to send 2000 sat), but if you're sending a few mBTC, on-chain fees can be lower already.

From what I've seen so far, this is much more likely:
Quote
Realistically I have earned 326 Satoshi over the last two years
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