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May 27, 2024, 01:46:21 PM *
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161  Economy / Games and rounds / Re: 🚩 Blackjack.Fun | Bournemouth - Brighton ' 28 April ⚽ WIN 💲50 on: April 23, 2024, 12:39:26 PM
Total Corners + Cards: 7 + 5
162  Other / Beginners & Help / Re: How possible can a forum memeber visiting foreign local board here? on: April 23, 2024, 12:36:54 PM
As long as a particular board is not off limits to you, you are totally free to visit the board. This forum is an open place as long as you don't break any rules. I myself visit other local boards to read some quality posts that are not available on the general board. However I don't make any comments or posts in local boards where I can't speak their local language. This is because it is against the forum rules to create a post on a local board using a translation service like Google translate.
This is because such a post can be considered a copied one (plagiarism)since you were not the sole writer of it. Also translation done using services like Google translate can sometimes give wrong information by misplacing a few words after the translation. This in turn can sometimes make the post kind of vague after the translation.
163  Bitcoin / Bitcoin Discussion / Re: How much did it cost to mine 1 Bitcoin back in 2009? on: April 23, 2024, 12:18:22 PM
As at 2009 there were only a few miners around since Bitcoin wasn't quite popular at that time and it was just recently launched. As at 2009 Satoshi himself was an active Bitcoin miner in addition to that the reward per block at that time was 50BTC and since there were only a few miners around the available miners had an edge also coupled with the fact that the mining difficulty at that time was very low compared to now. Majority of whales now we're active miners and hodlers of but during the earliest period of Bitcoin's launch. It was during this early periods that Satoshi NAKAMOTO managed to mine over 1.1 million Bitcoins including the 50BTC he mined from the genesis block before his disappearance.

As at 2009 the dollar had a far better value than it does now which is actually because of inflation and over circulation. as at 2009 electrical cost was cheaper compared to now therefore miners had to pay little percentage of the Bitcoins they accumulated to accumulate cost and although Bitcoin price was low at that time it was cheaper.
164  Bitcoin / Bitcoin Technical Support / Re: Can't transfer BTC from wallet.. on: April 22, 2024, 07:42:31 AM
Firstly op you can't manually edit your fees on trust wallet..

Are you implying that I lied?
Yea, trust wallet fees are automatically higer than normal fees but there's an option to manually reduce or increase the transaction, they'll only give you a warning message that it may delay your transaction if you reduce it.

Lol no offense Alpha Marine I never said you were lying  I was only typing based on my experience with trust wallet in the past. Wink Wink
Still I don't recommend you make use of trust wallet especially if you want to have a hodling wallet. Trust wallet is quite vulnerable, coupled with the fact it is not open source. Aside from all these most people prefer to make use of wallets that accept mainly Bitcoin as in most cases a majority of them are closed source.
It think during that period when the conjestion was at its peak, many users also had similar issues trying to move funds in their trust wallet. If you face such issues you could just export your keys to another wallet and broadcast the transaction from there.
Don't forget to keep your keys safe mate
165  Bitcoin / Bitcoin Technical Support / Re: Can't transfer BTC from wallet.. on: April 22, 2024, 03:55:03 AM
Firstly op you can't manually edit your fees on trust wallet. Trust wallet uses a default fee selection system where it automatically selects the best fee for you per say which means that it will definitely pick a high fee so you can get a quick confirmation. The two things you could possibly do is either wait for mempool conjestions to drop so that fees return back to normal or you add some coins to what you have there so you can fund both the amount and fees. You could also use the seed phrase to access the wallet through electrum and then broadcast the transaction with the fee you want from Electrum.

For the record Op trust wallet is one of the worse wallet you should be using right now aside the fact that it is almost Similar to an exchange it is also closed source. So that you don't face similar issues in the future kindly switch to a better wallet like Electrum or a mobile one like mycelium where you can fully customize your fees.
166  Economy / Gambling discussion / Re: What do casinos do with inactive accounts? on: April 21, 2024, 07:56:31 PM
In my opinion this question doesn't have a general answer. Different casinos have their rules regulations and privacy policies as well as terms and conditions. Therefore to be able to accurately tell what would happen to the casino account, you would have to go through the terms and conditions policy of that casino. However for most casinos the account would either be deactivated or frozen especially if it contains some funds. Most times after a proof of ownership the casino account can also be retrieved back to the owner.
Most of the time trying to retrieve such accounts can be very tasky especially if it has some funds in it. Therefore you should try to login to your account at intervals to prevent any suspensions except you don't wish to make use of it anymore.
167  Economy / Gambling discussion / Re: No gambling today due to bitcoin high transaction fee. on: April 21, 2024, 07:40:34 PM
Fees are actually going back to normal gradually. As for now a majority of persons have paused and transaction till fees become economical once again. Likewise most gamblers either paused funding their gambling wallet with Bitcoins or made use of other networks to deposit like USDT or even Tron. Gamblers that are still able to stake this period are those who already had some funds in their gambling wallet or recently funded their gambling wallet before the recent Bitcoin fee increase.
I that alternatively most gamblers are making used of other coins and tokens accepted by their online casinos to fund their gambling wallets instead of making use of Bitcoin during this period of high fees.
168  Bitcoin / Bitcoin Discussion / Re: Why bitcoin transactions fees gone high and will be be increasing day by day? on: April 21, 2024, 07:29:47 PM
Op the cause  is congestion in the recent halving block. A lot of persons tried as much as possible just to make sure that their transaction is added and confirmed In block #840,000 which is the most recent halving block. Therefore there was a great deal of competition for block space on the network causing fees to rise. However unfortunately a couple of users still paid those fees.
Currently the fees are still very high but according to most speculations it would probably return to normal within a couple of weeks or even less. If you observe closely you will even notice that fees are actually gradually going back to normal.
169  Other / Meta / Re: Introducing scammers to the forum. on: April 21, 2024, 07:22:11 PM
I can't say people are introducing scammers to the forum, although it is definitely possible, you also have to take note of the fact that this forum is a very popular one as well as a public one. There are certain keywords that if contained in your search using a service like Google or bing , Bitcointalk will definitely pop up especially because of the large volume of crypto information contained here especially relating to Bitcoin.
Of course people also introduce others to Bitcointalk how ever I strongly believe that majority of scammers and shit posters here were not introduced by someone here but rather found it themselves. Nevertheless I believe that the main reason most persons fall for scams is because they too were either greedy or poorly informed.
170  Bitcoin / Bitcoin Discussion / Re: Is this madness or what? on: April 21, 2024, 06:05:07 PM
Ordinals were the first one to pollute Bitcoin network and now the rest is done by those runes. The runes basically allow developers to create fungible tokens on Bitcoin blockchain. They are another weapon by those haters who want to pollute the Bitcoin network, but we know that their main intention is to make money out of it and that's why they don't really care about Bitcoin users.

It's somewhat an attempt to make more money out of that rune because the one who paid such transaction fees already knew that he makes way more money than what he spent on minting of that rune. The developers who mint such runes often have pre made plans, they simply wait for the right time to execute those plans. And, right time for that guy was halving event.
 
Not just ordinals even FOMO. The truth is Bitcoin is usually affected in terms of fees anytime there is an event. You will notice that even when there is a nice increase in Bitcoin price in just a short space of time, fees tend to rise all of a sudden. This is usually  because a majority of people begin to move their coins to exchanges so they can make profits off it. As for that which occurred in this year's halving, it was just too enormous and uneconomical. Since I joined the crypto space I have never experienced Bitcoin fees up to 100 sats / byte however unfortunately fees were over 2000 sats /bytes during the halving block.
 
For some time now I have been trying to rap my head around the reason why a lot of persons were ready to pay such enormous fees so their transactions would be included in block #840,000.

171  Economy / Economics / Re: It's better to invest now than to regret it in a hospital bed. on: April 21, 2024, 07:55:10 AM
The least regret a person would have in a hospital bed isn't about failing to invest in bitcoin. It is more of failing to build strong human relationships and friendships. There is no one who will be at their hospital bed and say to themselves I wish I had invested in bitcoin. Rather they'll say I wish I had fixed my relationship with my kids, my wife, my mother, father, brother and who ever they count significant in their lives. In my estimation the best invest one can make in their lifetime is in humans.

Investing in bitcoin is great but it cannot take care of you while you are in the hospital bed. It cannot visit you or buy you flowers. In conclusion, invest in bitcoin but also invest in humans too.
Exactly. This is very true . Op is taking Bitcoin too far by relating it with regret on a sick bed. Just like you mentioned, the biggest regret a person would actually have on his sick bed is the kind of wrong turn he had in life. Probably he didn't take family seriously or he lived a careless life. Regretting about Bitcoin is possible but mentioning a sick bed regret is just too extreme.
Bitcoin investment is not a die hard affair. Not everyone can or must invest in bitcoin .It is very possible to excel in other investment plans excluding Bitcoin. The only difference is that Bitcoin is one of the easiest and safest investment plan therefore it is easier to start and manage. Plus it doesn't require any advanced knowledge for a start either.
172  Economy / Gambling discussion / Re: After losing the money in gambling,what is your strategy on: April 21, 2024, 05:53:45 AM
Exactly! OP's friend shows being an irresponsible gambler because he used loan money just to get back all the money that he have loss in gambling which is not advisable because we all know what will going to happen if we do that kind of strategy, You will become addicted and being in a huge debt. No matter how many advise we give to them, OP's friend will never listen because seems like he is decided on the things that he will going to do.
Losing huge amounts of money while gambling is quite painful. This is one of the major reasons why people often comment staking what you can afford to lose. This is because losing huge amounts of money often comes with a great deal of emotional stress which is obviously something a gambler should try as much as possible to avoid. At the point of having huge loss, in my opinion the best option is to kindly pause the entire gambling activities instead of continuing to stake which can even add up to additional losses if you eventually end up losing. Gambling is a supposed fun activity and not a die hard one therefore a responsible gambler should be mindful of how much they put into making bets and stakes.
173  Economy / Gambling discussion / Re: Has this ever happened to you as a gambler? on: April 21, 2024, 05:45:41 AM

It doesn't come to me as a surprise because I've seen it many times. A gambler would walk into a betting shop with the intention of staking his bet and going home. When he sees a virtual game on the screen that he thinks would play, he'd bet on it and after he must have ended up emptying his pockets, he'd start begging his fellow gamblers money or go home not placing his bet. In such situation I don't think the gambler is being greedy rather he's addicted to gamble that he has no control over his funds.
This is a very common problem most gamblers usually face. Sometimes when some gamblers start making picks on bets or games they wish to play they usually have a target maximum amount in mind. However sometimes they may find other wagers, or bet that are quite attractive and get convinced to try them out. Of course it's not a wrong thing to do . however as a gambler who is responsible you should to some level have a certain amount of discipline this would assist in preventing you from going way over the maximum amount you are supposed to stake. This because if you eventually can't resist fancy wagers you would probably end up exhausting all you cash on them.
174  Economy / Gambling discussion / Re: Gambling addiction causes loss on: April 21, 2024, 05:38:20 AM
Many people gamble for more than fun. Even the best difficulties are problems. Taking charge is the greatest option. People get hooked chasing wins, thinking things will change. Big error. Admitting you must shift course takes great courage. Honestly, if you cant stop yourself after significant losses, you need help. The smartest play in the book is this. New hobbies and healthy habits are where the winning happens. The best form of control is reclaiming your life.

Gambling addiction is something every responsible gambler tries to avoid making the right decisions during gambling activities. Most non addicts have the ability to control their emotions and rationally calculate how much they spend and stake as these help them monitor their gambling activities as well as habits. Most gambling addicts on the other hand are unable to financially manage how much they spend on placing bets during gambling activities. Majority of gambling addicts are usually perceived as gambling addicts and irresponsible persona because they usually lose more often than they win. Gambling addiction is something every gambler tries to avoid however some persons fail to do the needful and unknowingly to them they gradually drift into addiction.
175  Economy / Gambling discussion / Re: Going all in and losing the bet on: April 21, 2024, 05:31:03 AM
I have all sorts of thoughts blaming casino, like do they manipulate the result of the game when user goes all in.

Oh believe me frenn I always blaming the casino when I lose the bet  Grin especially if I play the original game all the house game but some casino give you hash that can be verified after do bet so it is provably fair unless the site doesn't have feature like that and since you do all in like I did after lose streak haha  it is just simply human nature to blaming the other especially the casino haha. So my advice is don't go all in frennn or if you still want to live a degen way that's fine to go all in as long inline with your budget
You have to try as much as possible to make sure you get rid of such character. The casino has almost nothing to do with you losing a bet. The problem some people face is that they are unable to accept that they lost hence some of them become very angry and begin to do the wrong things like over staking thinking they can recover every fund they lost in a single bet. It is quite possible but the chances are usually very thin since such a person is not in a proper emotional state. As a gambler you have to be very mindful of your gambling habits especially when it comes to making stakes.
176  Other / Beginners & Help / Re: [Question] In Regards to using translators on local boards on: April 20, 2024, 05:39:09 PM
Firstly Op , there is no rule here on Bitcointalk that says you should not translate a post with any translation service for the purpose or reading or getting information. There is only an issue where you use a translator like Google translate to translate a post and then repost it. And there are many reasons why it s against the forum translation rule one of them is because such a content would be regarded as plagiarism. Secondly a translator program can't get the full information as it is written in the original text like a human would.

I sometimes visit other local boards like German and Russian  to read certain nice and informative discussions. However I can't post there since  I can't speak either of the languages and I also can't  use translators since it's against forum rules.
177  Other / Beginners & Help / Re: Make sure to avoid wasting BTC for too high fees – step by step guide (Electrum) on: April 20, 2024, 03:48:50 PM
Hello everyone.  Smiley
I would like to bump my topic since transaction fees have spiked a lot recently.
People were willing to pay up to 2000 sat/vbyte recently for transactions, which is beyond ridiculous and not helpful for anyone.
Even Jochen Hoenicke's website doesn't have any colours above that limit anymore.



So, make sure to check the mempool first before sending a transaction and keep in mind to avoid paying too much transaction costs.


This is one of the major problems Bitcoin has been facing for a very long time now. Anytime there is an event, there is always a high tendency that Bitcoin fees will increase. I can remember vividly towards late periods of last year when ordinals were First introduced into the bitcoin space, fees immediately rose and hardly dropped till early this year when the ordinal tension had dropped. I can still recall when Bitcoin  made a new all time high this year and as you would expect fees increased to even more than double it's initial value, mainly because people were rushing to move their coins to exchanges so they could swap them and make some profit off it.

Now it's halving and the tension of people trying to make sure their transaction fits in block 840,000 was so high that fees recently rose to over 4000sats/bytes and funny enough most persons were totally ready to pay. Even now fees are just too uneconomical and it's going to take over a week before these fees would likely return to normal.
178  Economy / Games and rounds / Re: 🎁 HugeWin | West Ham - Liverpool ' 27 April ⚽ Prize $50 on: April 20, 2024, 06:44:13 AM
Time: 13'
179  Economy / Games and rounds / Re: 🃏JacksClub: ROUND 19 - BTC PRICE PREDICTION CONTEST $150 in BTC 🚀 on: April 20, 2024, 06:42:53 AM
JacksClub Username: Mia1
Prediction: $65,350.00
180  Economy / Games and rounds / Re: 🏆 Blackjack.Fun | Man United - Burnley ' 27 April ⚽ Win $50 on: April 20, 2024, 06:41:06 AM
Time: 15'
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