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1821  Other / Off-topic / Re: Life lessons from Bill gates and how it could make you a successful entrepreneur on: November 19, 2022, 04:18:51 PM
What, those are some motivational lines created from random dudes over internet.

Ironically, how Bill Gates became successful is somehow morally not correct cause he made billions from Windows but it is not invented by himself, he just learn the art of getting the innovative ideas of others.

Think about future and take risk.
But that's business, right? You don't need to create something if you want to be a businessman. An entrepreneur uses all of the resources available and it happened that Billgates (if this information is true) had that money to buy windows and he,himself developed it to be a better version and to be sold to more people. That would be even greater if windows did not start from him because there's more into who he was before he had that company of him. This somehow related to privilege wherein people condemn those who has it and totally disregarding how that certain individual made use of that advantage.
Yeah, that is what my point is, "we don't have to work hard or find something innovative or something exceptional", all we need to do is how to sale the package we have so its about what people demands and sell those things to them.

Yes, the information was right because he didn't write the codes of windows or anything but the company got from someone along with his partner Allen and made some changes and sold it.
1822  Other / Off-topic / Re: Life lessons from Bill gates and how it could make you a successful entrepreneur on: November 19, 2022, 02:58:43 PM
What, those are some motivational lines created from random dudes over internet.

Ironically, how Bill Gates became successful is somehow morally not correct cause he made billions from Windows but it is not invented by himself, he just learn the art of getting the innovative ideas of others.

Think about future and take risk.
1823  Economy / Economics / Re: Household debt soars at fastest pace in 15 years as credit card use surges, Fed on: November 19, 2022, 12:05:02 PM
In the US, the Federal Reserve reports that households increased debt during the third quarter at the fastest pace in 15 years. due to hefty increases in credit card usage and mortgage balances. The biggest contributors to that debt load are:

  • Mortgage balances- it rose from $1 trillion a year ago to $11.7 trillion
  • Credit card debt, which climbed to $930 billion which is more than 15% from the same period in 2021. This largest annual jump in more than 20 years
  • Auto loan balances is up 5.6% from a year ago.

According to the report the reasons for this are because of “very robust” consumption, rising prices and consumers using substantial levels of savings that remain on accounts.

On a personal note, I think this is the time for introspection. A lot of persons are buying stuff they do not need using their credit cards(money they do not yet have) because they want to impress people they do not like or people who do not give a rats ass about them. Understand the times we are in and live within your means because 2023 is coming and if you are affected economically and you have no back up plan, how would you pay off those debts?

Please share your personal experiences the strategies you employ to avoid getting in debts.


I believe inflation rate has something to do with that so the figures are a lot higher than it used to be, credit card is awesome for someone who knows how to use it but its really a trap for people who don't have any knowledge about money management, current lay off and pay cut due to post covid.

Delayed gratification is the key to avoid the debt, for example if we want to own the iPhone 14 then we should make money by working hard to get that small gadget in the meantime we may realize donwe really need that stuff or can we do something better with this money.
1824  Other / Meta / Re: The resurrection of an old topic. on: November 19, 2022, 07:33:38 AM
I have a question, what if an old topic is raised and a discussion starts, and users actively quote the OP giving a targeted answer to his post, don't people see the date the thread was created?

I'm talking about this topic. https://bitcointalk.org/index.php?topic=5397790.0

Looks like she's getting another wave of spam. The question is always relevant, but people's answers look like a conversation with the void. Whoever created this thread has been blocked. Some dumb newbie recently brought up some old threads and all the users gleefully started pushing them further, completely oblivious to the date of the first post. I complained several times about necroposting, but posts are being deleted selectively.
Does the forum need such topics? And how do we stop their discussion? Is it fair to complain about someone who quotes the author, knowing full well that quite a lot of time has passed? Is anyone interested in answers to a question that was asked a very long time ago?

Actually the topic mentioned in OP is locked so that is the answer how can we stop those necro bump posters simply by using the report to moderator button. Even I had some experience that their post didn't deleted after the report for s while or it just left unhandled so it depends on what mods decide about the topic and bump from random one worth to be discussed further or not.
1825  Alternate cryptocurrencies / Altcoin Discussion / Re: Binance, BitMEX and KuCoin have delisted FTX Token pairs from their crypto excha on: November 18, 2022, 02:28:55 PM
All three exchanges have, as the headline indicates, delisted FTX token pairings from their cryptocurrency exchanges.

The FTT/BTC, FTT/BNB, FTT/ETH, and FTT/USDT trading pairs have been deleted off Binance's platform, according to the company, since they did not pass recent checks. The FTT/BUSD pair is still accessible on the market, the exchange stated.

https://twitter.com/binance/status/1592020929999159296

The perpetual swap contracts related to FTT have been delisted by all exchanges except Binance and BitMEX. Its FTT/USD and FTT/USDT pairings are included in this. The exchange explained their justification for delisting as a drop in spot trading of the pairs. KuCoin has delisted their FTT/USDT perpetual contract on KuCoin Futures, similar to BitMEX.
FTX collapsed as a result FTT also dropped even the company filed for bankruptcy so why people should trust the coin and its no surprise the next to LUNA crash, one who managed to get their coins traded on time got some money.

If any exchange still has the pair but the volume for buying will be close to zero so why should any exchange will have it.
1826  Economy / Gambling discussion / Re: We Feel All The Emotions When We Gamble on: November 18, 2022, 12:25:05 PM
When we gamble we feel all the emotions, like when we feel excited when we are chasing our losses, feeling happy when we won a big amount, feeling depressed when we lose and we feel frustrated when what we expected to happen did not materialize, this is one of the reasons why we cannot stop gambling because we feel all the emotions.

Do you agree that we cannot stop gambling because it completed all our emotions and do you have other feelings when you gamble.
You're right, gambling let the users to all kind of emotions a person can feel and it can be a reason for people to keep engaged with gambling but these are secondary cause money matters more than anything which is the strong reason for people to gamble and many to get addicted. Gambling is fun until they are in their limits but it can end up someone's financial and mental health when addiction took over the urge.
1827  Economy / Gambling discussion / Re: Can you still win with free spins? on: November 18, 2022, 10:20:17 AM
Is it possible to stick with free spins on online casinos and still be able to make some good reward?

I am looking into the free side of things, no risk at all with free spins but the question is has anyone ever make something out of free spins before? Something reasonable at?

The last time I earned something free from gambling websites was when BTC has very low value and many faucets still run, that's couple of years back.
Yes, it is possible to win and for that you only need the luck but tonnes of it.

Now many casinos have restrictions because people are abusing the bonus and promotions so users have to be wagered a minimum amount then only they can able to withdraw the rewards from casinos.
1828  Bitcoin / Bitcoin Discussion / Re: Btc Are limited supply and people Are withdraw them from exchangers on: November 18, 2022, 08:18:04 AM
Btc Are limited supply and there is fear on the Market everybody or most will think the fear make holders to sell.
But now AS people Are afraid bit to hold their coins on exchangers it creates exchangers shortages of coins.
I guess thats the reason why btc price quite Stable the supply and demand Even If traders are bearish in fear the funding balance stays negative still on exchangers.
So current ftx case making people more often to withdraw their assets out of exchangers.

Situation looking clear for me it seems to me that exchangers now out of coins and that triggers price up not other way around that people accidently think that current fear situation making crypto to go down the exchangers dont see our emotions but buy sell orders and supply and demand.

We have situation now when many traders holders will withdraw their coins in private wallets.

There is no possibility for shortage of bitcoin, because bitcoin supply is limited so users who deposited the funds to exchange should have the exact amount of bitcoins in their wallets so the deposit and withdraw should be tallied or else the exchange is involved in some how with shady activities.

Only hack on the exchange will result into the shortage for them and it if happens then probably the exchange will announce it publicly, traders can't trade via wallets so when we say trader they have to use the exchange for trading.
1829  Economy / Exchanges / Re: Crypto.com Accidentally Sent $400M to Rival Exchange on: November 17, 2022, 06:33:30 PM
But if its sent to an exchange then there is chance to recover the funds with the help of legal actions but the centralized exchanges became more lethargic when it comes to managing the funds and of course its not their own money but they due hold the responsibility of keeping it safer so making such silly mistakes can't be given as an excuse. With such mistakes the other exchanges are growing stronger and also started to feel like monopoly.
1830  Other / Beginners & Help / Re: Why are there lots of accounts that seem abandoned? on: November 17, 2022, 05:16:17 PM
I hope they're living their life, probably a break or they didn't want to participate in the discussion or the reason can be any. Well, there is no loss for the forum but for themselves cause bitcointalk is a place where we can keep up the knowledge about cryptocurrency and a lot other things up to date.

Some of the reputed members even left bitcointalk for various reasons for example the red trust queen Lauda but I guess many users are still surfing in guest mode or anonymous new accounts. Cheesy

1831  Bitcoin / Bitcoin Discussion / Re: The risks of self-custody outweigh the risk of exchanges on: November 17, 2022, 03:48:53 PM
You may have heard of James Howells and his $11 million plan to find a hard drive with $181 million in Bitcoin. That is a risk of self-custody. His chance of finding his bitcoin is actually good.

If you had bitcoin held on FTX, there is no amount of money or time that will bring those coins back. They are gone. You have a 0% chance of finding those bitcoin.

Even in the worst case scenario, self-custody is better than an exchange.

Not your keys, not your bitcoin.


Keeping bitcoins in your Wallet actually gives you the complete access along with responsibility, in the example you mentioned the chances of finding the lost hard drive is less and probably zero in my opinion but the point is you will have a chance but if you gave the responsibility to someone then you can't really do anything about it.
1832  Other / Politics & Society / Re: Where would Twitter go after its takeover by Elon Musk ? on: November 17, 2022, 02:45:54 PM
Snip...



You're right though, many celebrities chose to stay away from Twitter but if you think about that in different perspective then its good for the community cause the influence will be lesser if there are less celebrity and it also will become an advantage for the Elon because he will gain more influence and he knows how to monetize that power and reap money from the platform or in another way simply using the fame.
1833  Other / Politics & Society / Re: Where would Twitter go after its takeover by Elon Musk ? on: November 16, 2022, 07:30:58 PM
Elon Musk acquired Twitter about two weeks agao and Twitter has been All the news everywhere. His bold moves of firing a big portion of staff, changing major Twitter features and making more modifications are spurring waves of controversy. His supporters and adversaries are quite in fights. Where will Elon Musk lead Twitter ? Is Twitter heading to a wrong direction ?
Actually the idea of getting blue tick with fee is a big failure and already they stopped this due to lot of scams happened in a day or two after rolling out the new changes. Also the fired employees sued the company for not following their policies so its actually a lot of mess but what he gained is more attention for the platform so in future if everything backs to normal the users may increase.
1834  Other / Off-topic / Re: Lay off vs Pay cut on: November 16, 2022, 04:49:53 PM
Companies may choose to layoff its employees for several reasons which include but not limited to cost-cutting, staff reduction, relocation, buyouts, and mergers. When you go the Google and search for layoffs you would find out it almost seems like a conspiracy among big companies to layoff its staff almost simultaneously.
  • Meta, laid off 11,000 people
  • Twitter, laid off about 3,700 people
  • Stripe,  laid off about 1,000 people
  • Salesforce, laid off hundreds of its employees last week
  • Microsoft, laid off fewer than 1,000 jobs
  • Zillow, Snap and Robinhood, laid off 300 of its employees late last month.

A pay cut is a decrease in an employee’s compensation. It could be a reduction in salary, benefits, hours and more — it’s not limited to monetary compensation. It can happen for a variety of reasons. For example, a company might be trying to avoid layoffs and/or save money during a tumultuous period, with the intention of returning salaries to normal once the threat is over.

Let's suppose your boss called you into his/her office and explained the company's situation. He/she then gives you the option of getting laid off or taking a 50% pay cut. If you were to choose one of these options, what would it be and why?






Lay offs are more dangerous but honestly people will choose the layoff instead of pay cut in my opinion. And also lay off may benefit the company long term because its just one time work while pay cut may not be that much effective in their efficiency and also companies laid off people recently because they are not really in any loss they just feel that they don't need that much human work force in this era.
1835  Economy / Gambling discussion / Re: Black Friday Online Casino Bonuses 2022 on: November 16, 2022, 03:08:42 PM
It's that time of the year where business get ready to do the Black Friday deals with their product and services. Online casinos are not left out too. on Friday, Nov 26th, which is Black Friday, most casinos will offer he match bonuses, some signup bonuses, free chips, and of course free spins. So if you happen to be someone who wants to get the most value for your deposits and wagers, the 26th of November could be the day that you’ve been waiting for. Suppose your favorite online casinos don't offer any Black Friday bonuses, would you try other casinos that do or stay loyal to them?
Talking about online crypto casinos there is no lack for promotion and bonus, they always have some sort of bonus and promotions to keep the players more engaged. Yes there are also some casinos doesn't concentrate more on the promotion has separate users while the common users who uses most preferred casinos have lot of choices no matter what so Black Friday deals maybe little extra we can expect.
1836  Other / Off-topic / Re: Would you use this Twitter service? on: November 15, 2022, 05:07:08 PM
If someone don't really have time to post a tweet then they shouldn't tweet at all from my perspective so I don't think this kind of service will work greatly and also I am not sure how someone can express for others because each and everyone differs in each and every way.
1837  Bitcoin / Bitcoin Discussion / Re: Binance is spamming mempool on: November 15, 2022, 02:37:12 PM
Could this be related to this.


I initiated a transaction on my electrum wallet (almost 24hour now) and that has been the error message saying that ''my transaction fee is too low to fit into its mempool, that there are many other transactions with higher paying fees, and I should increase my fee.'' 
Yes, you should increase your fee for your transaction to get into the mempool.

Or you can try using mempool feature under fee tab instead of static or other so you can choose how much fee required for the next block.

Also you can use https://mempool.space/ to know required fee for fast confirmation.
1838  Bitcoin / Bitcoin Discussion / Re: Binance is spamming mempool on: November 15, 2022, 01:10:48 PM
Or is he trying to combine his coins for when people start to massively withdraw from his scam exchange so he can charge his users massive fees

I just checked their current BTC withdraw fee and found it's 0.001BTC (about $16.9). I'm sure the fee was 0.0005BTC or lower few months ago. It's unlikely they perform consolidation with such high fees, so your speculation could be right.



Those fees are a massive ripoff if you consider how cheap you can send bitcoins and also how important it is for people to move the coins from the exchange as soon as possible. So far it seems tja there are more coins flowing into the wallets than out of them.

Making money while ripping other people by forcing them to pay a lot or wait for days.

156 blocks? That is the biggest number I have seen in this year! And it seems still the consolidation is in process cause incoming transactions doesn't seems to be decreased.
1839  Economy / Economics / Re: People looking For new ways to make money in Crisis new growing industry on: November 15, 2022, 11:11:55 AM
I am thinking the other way, now people from the countries which are not really that rich on paper started to think in more innovative ways and starting future based companies and also people may join MLM because there is no really other way cause their financial sources are limited but sadly most MLM fails or scam so I am never going to recommend that to anyone but starting something even if it's not really profitable now may turn out to be in in future.
1840  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum is centralized, can we trust it anymore? on: November 13, 2022, 02:42:29 PM
Firstly, I'm gonna reiterate that The Merge does not makes transaction fee cheaper since you seems didn't fully comprehend it, in fact the statement is already addressed as misconceptions(https://ethereum.org/en/upgrades/merge/#misconceptions).

Don't get your point, if something is getting centralized then it is controllable so for an average joe the chances of making profits will become less cause manipulators know when to trigger the button which pours profits in their pockets.

Either centralization or decentralization is causing control, the difference is the consensus, centralization will limitate the control only to a hand in view, and the opposite gives broader control on each own.  Although it is very highly likely probable, centralization won't merely make causality of manipulation. The simple way for the concerned Ethereum holders in regard to centralization is to simply rethink their holding/investment position on ETH.

But the saying of centralization will market manipulators to have more control is baseless.

For the record you can check the current gas fee of ethereum here : https://etherscan.io/gastracker

It was around 25x higher few months back and if you say this is normal at the time of bull run but even after the end of bull run the uniswap transfer was around 50 dollar but now its around 2.5 and transaction fee for ethereum is less than 50 cents.

Validators are the one who will be controlling the blocks in PoS right so if most of the stake holders are centralized exchanges which are regulated by government or atleast someone who is running behind it may wants to take control of it so its easier with pos than PoW that is what my statement is about manipulation.
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