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161  Economy / Gambling discussion / Re: When I'm emotional, I LOSS! on: August 30, 2024, 03:29:23 PM
In this case, the solution is to allow yourself to lose sometimes. In fact, there is nothing dramatic about this. If losing is what causes you to start playing erratically, even though there is nothing fatal about a small number of losses, then you need to start allowing yourself to lose a little sometimes. Losses are part of the game, you can’t hide from them. But we need risk—management that would protect us from the consequences of these losses. I know that no one wants to lose. But, for example, no one wants to repair a car or pay for parking or pay fines. Everyone just wants to drive a car. But driving a car without paying fines does not happen.
You have a point though.
However it's not quite as easy as it sounds. The human mine and aim is generally programmed towards trying to win and purposely losing won't be as easy as it sounds. If you come to think of it , almost no gambler will place a bet on a sure losing cause . However I have come across posts here where people argue that they've come across a couple of gambler who can place bet on a team that they know that's going to lose anyways just because it's their favourite team.
To me I don't think doing that means you love your team so much. Because it's better to just stay clear from placing the bet than betting in their support knowing fully well that they'll lose the game.
162  Bitcoin / Development & Technical Discussion / Re: Achieving ASIC Resistance Using Economics on: August 30, 2024, 03:10:09 PM
You point is a Little unclear to me . However bitcoin protocol already has rules that has a majority of the attributes you are trying to refer to.  Chips miners currently use are more efficient than regular computer CPU and GPU. Although they are unable to multitask, they are capable of carrying out a single task more effectively and faster than is what makes miners still being able to find valid hashes with the current difficulty level.

It was during the first for years of bitcoin's launch that GPU and CPU mining was possible because there was lower hashing difficulty. Anyways, op don't forget that although the Hashing difficulty is high, the bitcoin protocol was also created in such a way that if the valid hash is found too soon, the difficulty is increased to slowdown the mining process.
Bitcoin is decentralised enough I would say since everyone using the network has their percentage of control over the network.
163  Bitcoin / Bitcoin Discussion / Re: [Quiz] Answer the Bitcoin question and earn merits! #5 on: August 30, 2024, 02:32:49 PM
Nice one Blackhatcoiner.
Well I have an idea of what to do however my phyton scripting skills are quite low anyways I was able to write these two scripts I don't know if they'll do. I tried running them on my mobile phone with a phyton compiler but it seems I'll need more computational power to run the test however Im not with my PC now. Hopefully the script is correct.


Code:
import hashlib

def find_x():
    target_hash = "df3984c3d89ec61f93f2d3060263bbb960a885ffa5d41ca1eb9c2692de71d8b7"
    for x in range(2**32):
        result = 2*x + 8
        hash_result = hashlib.sha256(str(result).encode()).hexdigest()
        if hash_result == target_hash:
            print(f"x = {x}")
            break

find_x()

Code:
import hashlib

def find_x():
    target_hash = "0xdf3984c3d89ec61f93f2d3060263bbb960a885ffa5d41ca1eb9c2692de71d8b7"
    for x in range(2**32):
        if x % 100000 == 0:  # Print progress
            print(f"Trying x = {x}")
        result = 2*x + 8
        hash_result = hashlib.sha256(str(result).encode()).hexdigest()
        if hash_result == target_hash:
            print(f"x = {x}")
            break

find_x()

164  Economy / Games and rounds / Re: Godex.io | BTC Price Prediction ' September 01 | WIN $50! on: August 30, 2024, 11:31:42 AM
$59,950.78
165  Bitcoin / Electrum / Re: Electrum seeds and wallets on: August 29, 2024, 03:19:35 PM
When you try creating a new wallet on ELECTRUM you are given several options to choose from. If you decide to select create a standard Electrum wallet, then you get a custom BIP39 ELECTRUM wallet which would not load up on most BIP39 wallets.
What do you mean by "custom BIP39 ELECTRUM wallet"?
A seed phrase generated by electrum is not BIP39 at all and there is no such thing as custom BIP39 seed phrase. As already mentioned in this thread, electrum uses its own algorithm when generating a seed phrase.
I actually meant Custom ELECTRUM wallet. The bip39 was more of a typo error. Anyways thanks for the heads up.
166  Bitcoin / Electrum / Re: Electrum seeds and wallets on: August 29, 2024, 02:26:12 PM
Hi everyone, I have some questions and need help with Electrum. If you can help me I would appreciate it. I want to create a wallet on electum, but I have some doubts, I'll put topics to make it easier.
Electrum creates beep32 seeds and I know that it is possible to recover the account if electrum disappears (a unlikely scenario), I have already tried putting the 12 words in the blue wallet and it works without problems. However, I did another experiment, which was to create a wallet with 12 words plus 2 optional ones. But in this case, when I entered the 12 words in the blue wallet it loaded (it didn't ask for the other 2) but another wallet appeared, different xpub addresses, everything was different. And he didn't carry my real wallet. Does anyone know why? what happened? Why instead of giving an error did it load other data that was not from the original wallet?
When creating a wallet with 12 words plus some or some optional ones, is it only possible, if necessary, to do a recovery with the seed in the electrum itself?
Which wallets are accepted or compatible with bip32 electrum seeds?
Thanks guys
When you try creating a new wallet on ELECTRUM you are given several options to choose from. If you decide to select create a standard Electrum wallet, then you get a custom ELECTRUM wallet which would not load up on most BIP39 wallets.
As for what you noticed, it's quite simple. Now every seed phrase (your regular 12, 18 or 24 words) is generated by the wallet automatically upon creation. Now that seed phrase is broken down into a master private key using the hash function. In return that master key can also be hashed to generate what we call child keys for the other addresses like change addresses in the HD wallet.

When you add custom words, once the script carries out the hashing a totally different master key is generated which would be different from the on you get from the regular 12 words. Infact adding a single letter would create a different wallet to because when it's hashed a different private key is generated, which also means a different address and public key would be generated making both wallets different.
167  Economy / Gambling discussion / Re: No 2 or more accounts awareness on: August 29, 2024, 01:04:01 PM
I think this is one crucial place where reading terms and conditions properly comes into play. I won't blame a lot of persons though because many people including gamblers usually ignore the idea of going through terms and conditions of gambling sites and casinos. Aside from reading it to prevent your account from being blocked like literally both accounts, sometimes the casinos may not take actions till the user hits a nice win or jackpot then boom they take actions of denying their withdrawal.
Some gamblers decide to create more than one account to have the ability to be able to place bets on both a VIP account and also a regular account but I really don't know why.
168  Other / Meta / Re: This is what I call spam feeders on: August 29, 2024, 12:48:02 PM
Simply have a look at this user: Fullbear2222. 11 merits and 450 posts from which 242 are topics. Can you imagine? 242 topics.
What's his point? Nothing. He simply created new topics and feeds spammers.
Another one here: UTON Blockchain. 10 posts (8 topics).

What about to make the list of spam feeders in this thread? Everyone should put these people on ignore list. These people create topics, then bunch of spammers post in their thread and spam grows on this forum and that's bad.
Yeah you have a point. It's high time we start taking out plagiarist and spammers. sometimes there are too many low quality posts. As for sequencial posting, it's not against the rules of the forum . Posting very frequently isn't a wrong thing to do the problem is when you post frequently and the post are just plagiarised articles, or AI generated or just too low in quality. Also A newbie creating do many topics though isn't really a big deal if similarly those topics are of quality or the op was simply asking a couple of important questions.

I probably haven't really come across these users before or probably I have but didn't take note. Spam still occurs on the forum but it affects some boards and not all boards. Boards like technical discussions hardly get spams and I've noticed the moderator there deletes generic posts ASAP.

The best thing to do is to report these post when you spot them. It helps the moderators notice them on time.
169  Economy / Games and rounds / Re: EPL round#3 | Guess the Total Goal | DGbet Crystal Ball | Win $100 on: August 29, 2024, 09:44:04 AM
Total goals: 29
First goal: 27'
170  Bitcoin / Bitcoin Discussion / Re: Did bitcoin adoption bring about trust even in dips??? on: August 28, 2024, 06:54:11 PM
Most users often misquote having bitcoin in your wallet for a very long time probably a couple of years as what the concept of Hodling is about only. However having some bitcoins in your wallet for just a short period of time even as low as a minute can classify you as a holder.

I don’t know where you get that concept of having to hodl Bitcoin in a wallet to categorically classify you to be a hodler but, I would say you should refer to the word “hold” using a more crypto centric term which would be “hodl” which translates to hold on for dear life. You don’t hold on for dear life in a minute.
In fact, your just a channel a pathway through which, a transaction is been done.
Having to practices the act of hodling, it’s you involved in long term storage of Bitcoin in a non custodian wallet, cold wallet or whatever means you might deem safe to use. You have to by a great length of time contribute to its scarcity.
Quote
Did bitcoin adoption really bring about people trusting bitcoin even in dips?
Bitcoin is yet to get a wide spread adoption so, it’s difficult to really consider it in this context which is more about a mainstream thing. Although, I’ll say, the more people get yo discover and rediscover the currency, its persistence despite critics has earned it it’s place in our world.
Well I'm not talking based on instincts here rather I'm talking based on the origin of the word HODL. Now Gamekubuyi was the first person to make use of that word before it became very popular. If you use the forum search tool to pick up that post and read through it, he wasn't talking about hodling your coins for a period of  say "X " years or months. However his point was own some coins and talking about full ownership of your coins you are well aware that those coins mustn't be on an exchange of any kind whether centralised or decentralised.

HODL was just a mis spelt word which later came to stay in the crypto space. Based on. The context of Gamekubuyi's usage of the word, he had those coins sitting in some wallet which he had the keys to. Hold on to your dear life is more of a made up meaning for HODL by bitcoin investors.
171  Other / Off-topic / Re: Poverty is the fuel for gambling addiction on: August 28, 2024, 05:43:37 PM
This is one of the reasons why people become addicted to gambling.
I live in a poor country where the minimum wage is less than $50. It is not secret that the rate if gambling is one of the highest in my country and I think this is one of the reasons. A person can win more than their monthly  which is equivalent to the minimum wage in less than one hour by playing a slot game or any other game.
Op I get the reason you are saying this however I still don't believe that poverty leads to addiction or that poor people are the highest percentage of gambling addicts. Rather I'm of the opinion that addiction leads to poverty. If you'll agree with me , there are gambling addicts out there who are rich persons still just like there are also poor people who are addicts. Addiction is simply the result of poor gambling habits and practices.

Let's logically analyse the fact that a genuinely poor person may not even have the funds to stake in gambling bets and games. Even if they do due to some nasty addiction, they is a high likelihood that they were in a better financial state previously before their addiction. My point is whether poor or rich, addiction is something that can affect any class. It's just a matter of stacked up poor habits.
172  Other / Beginners & Help / Re: Warning: Cthulhu Stealer Malware for macOS on: August 28, 2024, 05:09:30 PM
Though currently I'm not a Mac user, I'll say based on my experience so far, Mac has really been relatively more difficult for hackers to compromise compared to the windows software with lots of vulnerabilities. In fact no OS is totally say , as I read in some detailed article sometime ago, even Linux Ubuntu OS has a boot vulnerability that allows hackers to access the pc via the boot log process.

Anyways +1 op for sharing this as it would create awareness for Mac users here on the forum.
As for the malware, many users who get infected with these malwares are those that do not get their software from the original and legit sources probably because they are in search of a cracked version that they wish to make use of.
173  Other / Beginners & Help / Re: A very important update on: August 28, 2024, 05:00:52 PM
It just get to me that Binance exchange seized Palestine crypto assets on it's platform, this just prove to me that no fund is SAFU no matter who you are, and I think you should feel the same way too, stop leaving your funds on any exchange, small or big it doesn't matter.
I think the situation of people storing funds on exchanges has been so much of a discussed topic that majority should be aware already of the risks and this quit the act. However that doesn't seem to be the case. Funny how some people even upon seeing this news still would pay no attention and still leave their funds sitting in some exchange.

The fact is these persons literally have some reasons for still keeping their coins in exchanges some because they are crypto traders and their exchange offers crypto trading services, some because they are P2P vendors and transact constantly with different coins thus an exchange makes it easy for the to convert seamlessly between different crypto currencies with little fees. Some on the other  hand are either to lazy to store their seeds and keys by themselves or they simply are not enlightened about the dangers.
174  Bitcoin / Development & Technical Discussion / Re: Sustainable PoW on: August 28, 2024, 04:48:58 PM
Every just dances around the fact that scrypt with LTC and Doge is better than BTC for long term sustainability.
Doge endlessly prints 10,000 rewards to satisfy miners and does 10x the blocks plus at the same time it endlessly reduces its rate of inflation every year.
It is ridiculous that people don't get the Doge is next to perfect for p2p.
Who wants to pay 1 btc for a nice car only to have 1 btc become valuable enough to pay for 10 cars.
And LTC as a closer mirror to BTC allows for rarity of a coin. Basically like BTC does.
So I simply say what can BTC do to be better than LTC/DOGE
I am a POW guy but all I see for btc is a reward/fee issue in 20 years or less.
I see an algo that is being used better for p2p and small wealth accumulation in Scrypt.
ahh but what do I know not much.
At the op your idea is different to a certain degree. But how is it better than scrypt?
Let's just say bitcoin was a breakthrough to the world of digital banking and thus crypto currency at large.  Bitcoin really has huge impact on the whole crypto currency ecosystem. The fact is people really didn't think bitcoin and crypto at large would go this far until around 2015 or so when bitcoin began to show great bullish potential. Many people during the early periods of bitcoin's launch around 2009 to 2012 either got their bitcoins from mining since mining was very profitable back then or they simply got it from a giveaway. Many persons literally gave out their coins as easy as they got it.

A majority of crypto currencies out there make use of POW some literally copied the concept from bitcoin's code. However it's simply a safeguard to the network to prevent faked bitcoins from being spent on the network since every mined coin has a unique time stamp and origin.
175  Other / Beginners & Help / Re: Is it me! (newbie) on: August 28, 2024, 10:46:33 AM
Hello folks,
                  I am in the UK using an android smart phone (not that smart), installed the app etc, when I go onto youtube , to look and learn, it seems to me, everyone on the planet has a different wallet layout, ie, I have no Sell, no Cash out, support said Coinbase is unable to offer cash currency wallet services such as cashing out. Since you can't add a bank, you can sell your crypto for fiat currency using PayPal. If you prefer not to use PayPal, you have the option to send your crypto to another exchange. How am I supposed my money.  Huh Thanks for any advice  Wink
Op your whole writeup is quite vague. I had  to read it several times before I could get a glimpse of what you were trying to express. Firstly Op coin base may not be available in your country or probably their being restricted to offer certain services in your region. Similarly to how one of the biggest centralised exchanges binance is available in Nigeria however they don't offer P2P services in Nigeria. If the funds you have there are in fiat you can consider moving it to another exchange or banking app in your region.
If the funds are in form of coins probably bitcoin, you should consider moving them to a safe wallet where you have control over the keys probably something like ELECTRUM if it's bitcoin. Also if you wish to swap those fiat for a particular crypto currency like bitcoin you can do that here on the forum with a reputable member.
176  Bitcoin / Bitcoin Discussion / Re: Did bitcoin adoption bring about trust even in dips??? on: August 27, 2024, 10:30:06 PM
Altcoin Run swings are much, much wilder than Bitcoin swings.  Altcoins can drop by 99 percent in a matter of WEEKS.  Bitcoin has never had such a drop and most of the harder ones have recovered in relatively short time span.  Altcoins usually stick to the bottom once they drop.  Bitcoin does not.  It is like a ping pong ball put underwater and let go.  It dips and then bounces out of the depths of the water.

So yes, us Bitcoin users are pretty much there for it even if Bitcoin dips.  Because we know it will eventually bounce back, most likely.  Although I would argue we are kind of silly for believing so, considering it is still kind of new around and unexpected turns of Events did happen before.  But I am happy with Trusting Bitcoin and its future.  After all, if ultimately even Bitcoin fails, then my hope for a better future of humanity is honestly to drop to about zero.  Bitcoin is one of those last strings of Freedom for me.
I guess you've pretty much said it. Although bitcoin is volatile too just like other crypto currencies, it has been a better store for value overtime than many altcoins, shit likes and meme coins. Bitcoin has much adopters including whales which pretty much affect the price of bitcoin indirectly. Based on simple market economics, many altcoins out there have low adopters out there and so when their prices liquidate, there are no potential investors available to assist the price to either resume the bull or prevent the coin from dropping below a certain price.

How possible is that?
Lol like I said in the OP, many py really don't get the concept of Hodling. Did you know that having bitcoins in a wallet which you have full control over the keys for the slightest moment can be classified as hodling?  Though it's very short term. Owning bitcoins alone classifies you as a HODLER as long as you have full control of the wallet keys.
177  Economy / Gambling discussion / Re: Do you have a team or player on which you keep losing bets no matter what? on: August 27, 2024, 07:56:28 PM
So, has anyone been experiencing something similar, like never betting on a tennis player, never betting if his team is playing against San Antonio Spurs or Villarreal, or avoiding completely a league like the Belgian Pro League because overall you always lose on those matches?

Which one is your cursed team when it comes to gambling?
What I does is that I completely avoid some team that doesn't score to my expectation like if making selections and I noticed that particular has matched to play I wouldn't include them in my selection to avoid further lose, although it could be that they are my favorite team but I don't mind during gamble because when lose there is not way were that team would reward you for being loyal fans so, while gamble I don't mind betting against my team for that very moments.
That's a fact though. Every gambler has a team they don't like especially because the usually lose bets on them. Sports betting is almost fully based on luck and like some persons would say, luck may not shine on you all the time. People have their different ways of predicting the outcome of sporting events and sometimes this doesn't just cut out right for some teams. So teams are more like unpredictable and the moment you speculate they'll lost a game, boom the hit a win .

However I don't fancy the idea of betting on a lost cause. Some persons place bets on teams they know deep within them would not give them a win hoping they would win the bet just because it's their team. I am of the opinion of staying clear instead of placing a bet against your personal team of support if you do not wish to.
178  Bitcoin / Bitcoin Discussion / Re: Let's get to know everyone's personal opinion about Bitcoin on: August 27, 2024, 07:25:50 PM
I have been thinking about raising a thread concerning this. However I think I'll just spill some here. Let's start with bitcoin transactions well currently I'll say fees are ok and as good as new compared to periods of early this year and late last year. Lol I remember vividly the time transaction fees were so high to the extent that averagely fees were around 11- 15 sat/byte.
Now concerning the bitcoin bull, I don't really think that bitcoin will be hitting the $100k mark  anytime so soon or rather this year. It's definitely going to take a while based on some certain price movements this year. If you can recall vividly, bitcoin hit the $78k mark recently this year which was the major bull price I speculated this year . Anyways hitting a 100k would be nice though I don't see it too soon this year.
179  Bitcoin / Bitcoin Discussion / Did bitcoin adoption bring about trust even in dips??? on: August 27, 2024, 06:46:00 PM
Generally, when it comes to the crypto space especially in the concept of Hodling coins, crypto holders and enthusiasts often anticipate bulls and almost no one wants to see a dip in the crypto currency of his interest. Yeah yeah , every one sings about hodling however some persons in-depth don't fully understand the concept of Hodling so I guess I'll start this discussion with that.

Most users often misquote having bitcoin in your wallet for a very long time probably a couple of years as what the concept of Hodling is about only. However having some bitcoins in your wallet for just a short period of time even as low as a minute can classify you as a HODLER. The concept is actually the fact that you having some bitcoins in you possession ( with having full control over the coins ) makes you a HODLER . However having those coins on an exchange doesn't count as hodling since you don't have total control over it.
Now bitcoin for a very long time has kept up with it's bullish trend unlike many volatile coins out there. For most coins people panic when in dips however in the case of bitcoin people don't panic when it comes to hodling bitcoin. That brings us to the big question;

Did bitcoin adoption really bring about people trusting bitcoin even in dips?
180  Local / Nigeria (Naija) / Re: Can anyone recommend a mall that accept Bitcoin and other cryptocurrency? on: August 27, 2024, 01:08:20 AM
I would want to know if there are any mall, such as eatery, supper store and shopping center within the state?
This would help us easily locate one. For instance in PH-city or within Umuahia. Most time I am getting messed up with cash so due this p2p stuff and i think is the right we look for another alternatives to spend our coin without even looking out for exchanging them directly to p2p providers.

This is more like a thread to discuss the happening places that accept bitcoin with the State/county.
It seems like  many of us are not getting the point here. Currently cryptocurrency is more like illegal in Nigeria and that simply means that transactions made with bitcoin or any other crypto currency irrespective of if it's P2P or just a normal goods or service purchase is more of illegal. That's one of the biggest reasons why crypto currency payments aren't popular in Nigeria. Take for example you set up a shop publicly accepting crypto payments, you may get shutdown by the government depending on certain factors.

Another reason crypto currency transactions aren't too common in Nigeria is because payments in crypto is hard to come by due to low adoption which still owes to the government. Crypto has a wide audience in Nigeria though a majority of them are being held back by governmental restrictions and removing those restrictions will allow a breakthrough in crypto transactions.
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