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1721  Other / Beginners & Help / Re: Manipulation looks like on: September 18, 2022, 07:15:52 PM
There is no singular form of manipulation, it could happen in various ways;
• Pump and dump: here a whale buys up a large amount of a small cap asset and moves the price up, attracting investors. When more people start to buy at that price, they dump,
• News and media can also be used to manipulate trader sentiment. Social media influencers are now becoming more popular to shill projects,
• Governments can also manipulate the market with policies they adopt.

Bitcoin as the most popular and adopted  cryptocurrency is somewhat inoculated from the effects of manipulation. It's mostly unrewarding and expensive to attempt.
1722  Other / Off-topic / Re: IT boosts up the economy on: September 17, 2022, 06:36:59 PM
Technology is the currency of now and the future, if a country has a healthy community base who are highly skilled in Tech and E-commerce, they would have many of the leading industries in those fields, bringing in revenue from other countries around the world.
This is one reason nations around the world are investing in education.

Freelancing is a broader blanket, involving so many skills besides those which are tech related.
1723  Economy / Gambling discussion / Re: Bitcoin as an electronic currency, can it be use for bet gambling on: September 17, 2022, 04:42:23 PM
Bitcoin is quite common for use on sport betting platforms.
There are so many casino games out there which use Bitcoin as well as some other cryptos to facilitate bets.

Head over to the gambling section and you will find a number of such platforms there.
1724  Bitcoin / Bitcoin Discussion / Re: Crypto regulation in the EU and the USA on: September 17, 2022, 12:34:12 PM
People could say that it would kill crypto. Some channels on YouTube do.
YouTube channels say whatever for the views.
In reality, majority of crypto users do not care about their privacy or desire to keep their financial transactions away from he eyes of the government - "if you're not doing anything wrong you don't need to hide".
The minority users who value their privacy would avoid centralized exchanges and stick to decentralizated, P2P ones to avoid the regulations that come with CEX.

Others (me) could see this as an investment opportunity.
Care to tell how?
1725  Bitcoin / Project Development / Re: For those of you that launched crypto based project. Any useful tips? on: September 17, 2022, 10:51:38 AM
I would love to hear from the community, did you ever promote a project? what did you learn?
Yes, promoted multiple projects in the past and learnt a lot from them, but would be difficult to describe that in a few words.

Is there any warnings when it comes to investing in different projects that's related to how they market them selfs?
• First advice is not to invest solely based on marketing. The actual product is the value of a project and is more important,
• If you like the product, you then scrutinize the marketing strategy. There are projects which prioritize quantity over quality; such projects would encourage numerous spam posts about them around the forum (and internet), in the hopes that it gets them some traffic and users.
This is more common on social platforms like YouTube and Twitter, with bots promoting several projects multiple times, sometimes in the same comment section,
• Customer response is also an important aspect of customer relations. Do not only check out how a project tries to announce themselves to new users, also check how the interact with existing ones.
1726  Other / Meta / Re: How would bitcointalk community react to bitcointalk nfts on: September 15, 2022, 05:52:17 PM
A giant Panda is a bear, so your NFTs would be promoting the bear market, just kidding. But mroe seriously, the Bitcoin centric part of the forum would not care for a forum themed NFTs, or any NFT for that matter. There are definitely members who see value in it and associate with them, but do not expect a wide spread interest if you did create some.

Just a quick edit from these: https://opensea.io/collection/eipandas
Basing them off "ethereum improvements"? It frankly would have been much better if they actually were inspired by the bear market.
1727  Bitcoin / Bitcoin Discussion / Re: The impact of bitcoin on world population, what happens when the population rate on: September 15, 2022, 03:07:28 PM
Yeah it reduced as much people joined the network, I clearly stated it.
No, you didn't.
And the reward has nothing to do with more people joining the network, it's a protocol in the system; every 210,000 blocks, the coinbase reward is halved and it is currently at 6.25BTC. You might want to correct the OP.

First, the increased use of bitcoin could reduce the cost of living for some people around the world. This would lead to an increase in standards of living for those who have access to this new form of currency.
Use of Bitcoin does not reduce cost of living. Bitcoin barely impacts the economy of a Nation, and cannot directly impact the life of holders, simply cause they hodl.

Second, the popularity of bitcoin could lead to an increase in wealth among those who own it. If you can invest your money in bitcoins and make a profit, then you have more money than ever before!

Third, there is also a possibility that new jobs will be created as companies begin accepting bitcoin payments.
The number 2 point is the most practical. But Bitcoin is already very popular, and I would not be expecting a demand shock due to increased population, which happens gradually overtime.

Bitcoin does not create new jobs either.
1728  Bitcoin / Bitcoin Discussion / Re: The impact of bitcoin on world population, what happens when the population rate on: September 15, 2022, 02:25:06 PM
The first miner to solve the equation successfully gets rewarded with 25 bitcoins.
Outdated figures.
The current coinbase reward on each completed block is 6.25BTC.
It stopped being 25 after the halving in 2016.

The difficulty of solving the equations increases over time, so it takes more time for each computer to find solutions and verify transactions. As more people join the Bitcoin network, it becomes harder for each computer to be successful at finding solutions and verifying transactions. This causes the average time it takes to solve an equation to increase from 25 seconds in 2009 (when the first Bitcoin was created) to 10 minutes today.
The difficulty level can increase or decrease with each difficulty adjustment, depending on how the hashrate increases or decreases.
The average time was always designed to be 10 minutes for each block.

If the world population increases, it will have a significant impact on bitcoin. The more people there are, the more money is going to be spent on things like food, water and electricity. This will lead to increased demand for bitcoin as a currency.

The reason for this is that when there are more people in the world, there will be more transactions taking place. This means that there will be more money being spent on goods and services than there was before.
This is a reach in my opinion. Bitcoin is barely being adopted by the approximately 8 billion people on Earth now. And of those who have adopted it, it's not utilized much for purchases of daily needs. An increase in population, would not significantly impact demand, unless there is a rise in adoption.
1729  Bitcoin / Bitcoin Discussion / Re: What Payment Processors are being used Globally? on: September 15, 2022, 02:17:53 PM
As my believe is on Bitcoin and I know it was meant to be a payment processor why it is not listed on that list? Which made me question other blockchains.
In the technical definition of a payment processor (PP), Bitcoin was not meant or designed to act that way.
A payment processor, although described a bit differently by different website, has some similar terms across all definitions, in how it mediates between buyers and sellers, or in a more basic term credit and debit (cards).
PP acts as a middle man or intermediary, enabling user A, to send funds to user B, more easily and efficiently, despite barriers like banks, currency or border. It's effectively a third party.

Bitcoin is not a third party, infact it eliminates the need for one and allows users transact P2P, so it's not meant to be on that list.
1730  Bitcoin / Bitcoin Discussion / Re: OpenNode is testing Bitcoin payments with the Central Bank of Bahrain on: September 15, 2022, 12:08:09 PM
One issue, though, that I continue to ponder is if it will ever be feasible to use bitcoin without any third party intervention when adopted by the government?
Most likely not. One reason for this would be scalability issues; using Bitcoin as an accepted means of exchange would increase the demand for faster transactions, increasing the demand for 3rd party systems like BTC processors, or lightening network (best case scenario), or some centralized exchange system which is adopted by citizens (worse case scenario).

Another reason is how governments always want centralized and controlled systems. They wish to give the impression of being a citizens watchdog, which prevents them from getting into trouble, but in reality, they seek more control, which is not available on Bitcoin, without the use of 3rd parties.

As we all eagerly await the day when bitcoin will be widely and legally accepted throughout the world,
If you can use Bitcoin today, you don't need to wish on any day where governments get into it.
1731  Economy / Economics / Re: Crypto adoption index 2022 - Chainanalysis on: September 15, 2022, 11:34:42 AM
China are the most unlikely entry for me on the list; with Nigeria, I'm aware that the ban only restricts banks from mediating between crypto transactions, but China have a full on crypto ban, which even affects mining activities in the country, but are ranked #10. Any history on where China was ranked a couple of years ago, before the effect of bans started kicking in?

Vietnam is also a country that comes up very little in crypto discussions, little surprise they are topping the list.
1732  Other / Beginners & Help / Re: Is Bitcoin private enough for freedom financially?? on: September 15, 2022, 11:15:55 AM
Since BTC is not private by default and as such every transaction conducted is recorded on the Blockchain
Bitcoin by default is pseudo anonymous. Information are public, but there is no real identity linked to them, so they effectively are private. Practices that one does to reveal their identity are not directly linked to Bitcoin, neither is it a product of the protocol, and there are some extra steps one can take, if they are very strict on maintaining 100% privacy.

If you think the consideration if running a full node will be challenging due to the space required and the technical skills as well after considering the cost also, you can go for a hardware wallet
A hardware wallet is not an alternative for running a full node. For full privacy you can adopt both, but do not rely on any one to maintain privacy, security or pseudo anonymity.
1733  Bitcoin / Bitcoin Discussion / Re: Father of Blockchain on: September 13, 2022, 06:15:57 PM
let's talk about the man who built the concept of bitcoin. David Chaum.
Pioneered the concept of blockchain technology you mean.
There are lots of history leading up to the creation of Bitcoin by Satoshi and that is definitely not disregarded when discussing cryptic financial technology, this however does not mean David Chaum built Bitcoin; Satoshi did.
1734  Other / Meta / Re: Legendary account banned! [Appeal][1+ year passed] on: September 13, 2022, 06:04:28 PM
Yes it would completely be fine for me in case of permanent suspension of signature. I no longer have intentions to enroll in any of the signature campaigns.
That's the best case scenario that comes out of this, and it's cool that you are down with it, if that's the way you can get back into the forum.
Your appeal is here, and even though the admin does not comment much, they see all (or almost all) messaged posted here and would take an action if they consider your appeal.
If you do not get a response of any sort, that most likely means it's a No to your request.
1735  Economy / Gambling discussion / Re: UEFA Champions League 2022/23 Season on: September 13, 2022, 05:55:35 PM
The squad lineup for both Barcelona and Bayern have been announced, and I am somewhat surprised by both lineups.

Barcelona start Marcus Alonso and seem to be starting a more attacking lineup, with a midfield of Gavi, Sergio and Pedri. I'm highly surprised Jessie doesn't start. Dembele and Raphinha is also a very attacking strike force, would be interesting to see if Denbele starts from the left side, considering how good he has been on the right side of the pitch.

Bayern... meh. As a cule, I didn't check their lineup too much as I'm not too sure who's in form and who isn't at this time. Let's go Barca!!
1736  Bitcoin / Press / Re: [2022-09-13] Man arrested for laundering millions from malicious Electrum update on: September 13, 2022, 04:15:19 PM
With the recent attention mixers have been getting from government, I hope news like this would not turn attention to decentralized, P2P platforms like bisq, increasing censoring.
So that's it? They didn't even seize whatever small commission he got?
He did get a slap on the wrist and data carriers found in his him we're seized. There is no guarantee this contains the entire stolen amounts.
1737  Bitcoin / Bitcoin Discussion / Re: Bitcoin fees (subsidy) on: September 13, 2022, 02:21:33 PM
That's not a personal signature.
Such information is sometimes displayed below the forum ad banner which is located below the first post of every page.
Apologies for detailing this thread
I've seen a couple of those around, but somehow never this one linked above and I wasn't too comfortable with the words used to pass the message across.
I also just saw this link (https://bitcointalk.org/adrotate.php?adinfo) in another thread about factoids which are advertised in the forum ad banner space and was honestly surprised how many there are and how very little of them I have actually come across.
1738  Bitcoin / Bitcoin Discussion / Re: Bitcoin fees (subsidy) on: September 13, 2022, 12:22:45 PM
it was in the forum's main Ad space banner's place.
Oh, I somehow missed the last sentence in the quote, which would have explained it all.
Could have been someone's personal signature text with the forums' ad warning below.
1739  Bitcoin / Bitcoin Discussion / Re: Bitcoin fees (subsidy) on: September 13, 2022, 12:00:04 PM
Quote
Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.

Source: Bitcointalk.org
Do you mind sharing what post you got this excerpt from here on the forum?
The block reward is more accurately called a coinbase, which is giving to the miner who validated the most recent block, and it is not technically created out of thin air, but is a reward for the Work the miner has done to complete the block (using computing power).

I'm no bitcoin expert, but is it possible that bitcoin can undergo a similar merge like ETH before that happens?
I can hardly see Bitcoin becoming similar to ETH in anyway, neither do I expect any major changes in the protocol due to the supply being completed. Minor ones are more probable.

I think bitcoin will remain the main cryptocurrency till there's a block reward, and ETH might take over after that as the main cryptocurrency with more market cap.
There's no guarantee that ETH would even be the number 2 cryptocurrency at that time.
<snip>
You added an extra quote tag, which skewed how it appears, might want to fix that.
1740  Other / Beginners & Help / Re: Why cant we trust the digital signauters more? on: September 12, 2022, 05:42:45 PM
Can you provide a bit of clarity to your question, so someone can give an answer to it?
You seem to be inquiring about mining, with the talk on computing power and creating a fake blockchain?

If you asking why there's a need to use high computing power to validate blocks and why don't the network trust a digital signature, then you need to do a bit of research on how blocks are validated, and it doesn't have to do with "someone's" digital signature.
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