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1461  Economy / Speculation / Re: Bitcoin is getting ready for $25K, How? on: January 26, 2023, 09:11:06 PM
...
Most fear and greed indexes I have stumbled on are suggesting we are still in the neutral zone and traders are undecided about whether we are out of the waters yet or not.

In addition, no matter how low the price drops, there would always be traders who would want to buy at lower levels. I doubt they have any real intentions to buy, but just enjoy seeing the price drop cause they do not hold any.

$25k in the next couple of weeks is a reasonable price range, we just have to see how much growth above that can be sustained.

- Jay -
1462  Other / Meta / Re: This forum has resources to make significant changes on: January 26, 2023, 08:58:49 PM
theymos has toyed with the idea of some sort of Bitcoin related course before, which would tie in with the forum potentially via badges if I remember correctly.
If this could implemented, it would be a great addition to the forum.
Bitcoin knowledge is all over the place, but what I learn from this forum is better content than I find in most online courses and articles and it operates in a decentralized manner where each user has a voice and can use that.

A structured course organized by the forum and maybe run with supporting information from the members here would be a great addition.#

- Jay -
1463  Other / Beginners & Help / Re: is bitcoin a good chance for the future on: January 25, 2023, 01:28:43 PM
I don't know much about bitcoin, and I also want to invest in bitcoin,
You need to know about bitcoin before you can invest in bitcoin.
Listening to what others say about how their investment went could mislead you and give a wrong impression of bitcoin and how it works.

but I want to ask whether bitcoin has good potential for the future?
It is one of the most promising investments and has lot of potential for the future particularly in the financial sector.

and what,, many people who lose investing in bitcoin.? and I want to know why people experience losses investing in bitcoin?
You only lose in bitcoin when you sell and people lose cause they sell too early or panic sell when the price drops.
People can also experience losses from not taking security precautions and do not store on third party wallets.

- Jay -
1464  Economy / Trading Discussion / Re: How bitcoin supply can be more than 21 million on: January 25, 2023, 12:58:39 PM
my question is, we can trade more than 19miilions coins on exchanges with leverage like: an institution have 500k bitcoins and they are trading on 50x leverage (it's obvious no one will take this much risk just for example and understanding) and more like people or institution like this than we can rich more than 19miillion coins
I do not think it is possible. Leverage trading is not as straightforward as knowing the ratios, there are peculiarities associated with the collateral and the exchange. So a collateral of 500,000BTC would influence the amount of leverage one can take considering the exchange reserve funds.

like this than we can rich more than 19miillion coins
or more than exchange's reserve ,
I am not absolutely certain on the laws, but it could be illegal for an exchange to allow margin trading beyond its reserves.

- Jay -
1465  Economy / Service Discussion / Re: I might be wrong about this but I need to know on: January 25, 2023, 12:42:48 PM
Cloud mining for bitcoin today is likely a scam attempt.

With the computing power competition among high-end modern equipment, cloud mining is unprofitable and exposes your device tomlots or risks from malwares and viruses.

- Jay -
1466  Bitcoin / Development & Technical Discussion / Re: State of secrets management, recommendations and improvement proposals 2022 on: January 25, 2023, 12:34:41 PM
It's as simple as downloading and verifying the software on your online computer, and then securely transferring it to your airgapped computer.
That makes lot of sense. I was overthinking the situation and considering the risk of some malicious app or file being on my online device, as I use it more often and it is considered less secure than the airgapped one.

Since this does not have to be done often and I still have to maintain some level of security on my online device, there is a reduced risk or a breach.

- Jay -
1467  Bitcoin / Development & Technical Discussion / Re: Bitcoin freelance ecosystem development for fractions of Bitcoin - Bounties site on: January 25, 2023, 12:26:55 PM
I think there are dozens of freelancing websites that pay you in crypto such as LaborX. I never try them myself, so I can't comment on their reliability. I'm pretty sure you can find online reviews or compare other websites easily though.
I am not aware of any, so thank you for the recommendation pointer. I just checked out the site and it seems a lot like the regular freelance websites such as fiverr or upwork, but with less activity. Hopefully it turns out to be a bit more privacy inclined than them.
Just to check, am I on the right website[1]?

Code:
[1] https://laborx.com/jobs

- Jay -
1468  Economy / Speculation / Re: Will the bitcoin price continue to increase? on: January 24, 2023, 12:22:50 PM
some novice investors and traders have more concerns about the assets they own. especially when market conditions are not very friendly. they look at a market that has fallen sharply and then sees a move that makes them happy. Of course, there is a sense of wanting to take advantage of seeing the correction happen again.
That is one quick way to get burned out of the market quickly. If you are confident on your choice of asset and did your research beforehand, then you should not be bothered by unfriendly market conditions. This difficult for new holders, but easier for more experienced ones.

Without trading skills, trying to profit from changing markets would result is losses.

- Jay -
1469  Bitcoin / Development & Technical Discussion / Re: Bitcoin freelance ecosystem development for fractions of Bitcoin - Bounties site on: January 24, 2023, 12:17:42 PM
The website looks clean, and gets extra points cause it is default on darkmode. It is a brilliant idea for crypto users to get rewarded for their skills and efforts.
Maybe Project Development board fits this better.

Would there be other platforms like this, but for those who are not as skilled in tech? More like for other freelancers like writers, translators etc.

- Jay -
1470  Bitcoin / Development & Technical Discussion / Re: State of secrets management, recommendations and improvement proposals 2022 on: January 24, 2023, 12:05:40 PM
I would consider it to offer more protection than most hardware wallets, if done properly.
Alright, I understand now. An arigapped device require more careful attention to set up and use properly. I am aware of how to sign a transaction on an airgapped device and another device with a watch only wallet, but I am not sure how to properly check for updates and maintain the latest version of the software.
A hardware wallet efficacy would depend on the particular product and its specifics.

I don't store these electronically. Such back ups I do on paper.
Understood. I am aware not to store sensitive data like seedphrases electronically, but your first reply seemed to suggest you do that sometimes.

For seed phrases that you use regularly, employ reliable protection hardware such as Trezor or any other open-source hardware wallet that has proven its reliability.
For regularly used wallets, I still keep this on an airgapped device. Once you get a hang of it, transferring out of such wallets get easier to do.

- Jay -
1471  Economy / Gambling discussion / Re: Too accessible of online casino grows addiction faster? on: January 24, 2023, 05:30:52 AM
He is somewhat correct. There is surely no shortage of casinos and gambling houses around different neighbors but it is so easy to pull out your mobile, top up your account and start gambling for as long as you want.
One can get addicted to both and would do anything to either get to a casino or use their mobile, but the relative ease of access in one option makes it harder to break from.

Self discipline is key to avoid getting stuck to online gambling as well as filling your time with other habits.

- Jay -
1472  Bitcoin / Development & Technical Discussion / Re: State of secrets management, recommendations and improvement proposals 2022 on: January 23, 2023, 09:33:29 PM
...
Would you consider the permanently airgapped computer to offer the same level of protection as the hardware wallet or paper wallet?
If not, which would you recommend as the highest level of security for cold storage?

Also, how do you store seedphrases and passphrases on a computer? Simply as a file or do you have the wallet set up fully on the device.

- Jay -
1473  Economy / Speculation / Re: Will the bitcoin price continue to increase? on: January 23, 2023, 07:47:16 AM
is it possible that bitcoin will increase again in the near future, or will it decrease again.
No one has a crystal ball to predict what happens in the near or distant future, though the latter is considerably easier to attempt to predict.

If you are a long term holder you should not be worried about what happens in the near future, or which DoJ said what.
If you are a trader then, you should not have to ask questions like above.

- Jay -
1474  Other / Meta / Re: Why Does A Post Or Thread Get Locked? on: January 22, 2023, 11:43:26 AM
why does a post or thread get locked in this forum?
Can be locked by moderators if its a spam megathread.
Can be locked by the admin or mod if its an informative post that does not need replies. This is usually combined with it being stickied.
Can be locked by the creator if they have gotten their answer.
Can be locked by the user if the discussion has become extensive and run out its relevance.
Can be locked by scammers who does not want other members to point out their scam attempt.

What are some criteria(do's or don'ts), that makes a posts or thread get locked?
Do not create a spam megathread. If you have gotten your answer, lock the thread yourself, or it would be reported to the moderators.

Is it a good thing to have some posts or thread locked?
Yes if it fits any of point 1 above. It helps to prevent spam.

- Jay -
1475  Other / Beginners & Help / Re: LoyceV's Beginners guide to correct use of the Trust system on: January 22, 2023, 07:08:14 AM
I'm just upholding the bitcointalk forum rules that apply
You are thinking too hard about this and if you wish to pursue all the merit sharing which does not count as high quality, subjectively to you, it would take up a huge chunk of your day.

If you are right that it is merit abuse, they would not have enough to send around that matters as they have to keep generating them.
If you are wrong, you are tagging someone for a random merit transaction they considered worth it

"Therefore, it is highly recommended to reward only high-quality posts."
High-quality is subjective.

- Jay -
1476  Economy / Trading Discussion / Re: Success in futures trading after long wait. on: January 22, 2023, 06:26:42 AM
This is the internet. Do not reveal your trading or wallet balance here as it gives random people too much information about you.
You could recognize breaking even after a long wait, without oversharing.

- Jay -
1477  Economy / Speculation / Re: Bitcoin Mini bull run or short Squeeze (manipulation) ? on: January 22, 2023, 06:17:51 AM
Could it be a correction of the price?

As you mentioned there have been positive news in the recent past which indirectly and loosely affected bitcoin and could have pushed the price now and now there is a retrace back to the more accurate valuation.

It could also be a mini bull run and the price keeps creeping up with the coming weeks.

- Jay -
1478  Other / Beginners & Help / Re: A curious funny thought of the day on: January 22, 2023, 06:06:35 AM
Probably put all exchanges on high alert in expectation of the hacker moving it through them. This could be extended to mixers as well which they think the hacker would try to move it through first.

In their characteristic fashion, they would likely try damage control as public funds are involved, and shift the blame to how the crypto system is set up which lead to the loss and encourage people to save with banks instead.

- Jay -
1479  Other / Beginners & Help / Re: Trade vs. HODL - avoid traps on: January 22, 2023, 06:00:13 AM
I don't know, it feels like some people do this trick in accumumulating sats in the long run.
This could work to accumulate some sats if done right. For example, one who held through the last bull run, cause they have not reached their target profit has the exact same amount of bitcoin as they did during the bear market, but another who sold at the peak or some percentage off it and bought back at the bottom or some percentage off it, would have a much higher amount of bitcoin in their portfolio.

The downside here is you have to be constantly checking the price as well as holding some stable coins which you exchanged for bitcoin, while waiting for the retrace.

- Jay -
1480  Economy / Gambling discussion / Re: Premier League Prediction Thread 2022/2023 on: January 21, 2023, 09:23:13 PM
Crystal Palace holding Newcastle to a draw has allowed Manchester United the chance to put a bit of daylight between them and the Magpies. This comes after Palace squeezed out a draw against United themselves during the last matchweek.

Arsenal are also looking to restore their eight point lead at the top of the table, or a five point lead with a game in hand shoul City win in the earlier kick off tomorrow.

In the early kickoff tomorrow, Leeds United try to glide as far as possible away from the relegation zone as they go up against high flying Brentford.

- Jay -
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