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2081  Economy / Speculation / Re: Bitcoin October Month Performance on: October 05, 2023, 03:51:58 PM
Oil price is rising again and with the temperature dropping slowly we are going to see another slow rise in energy prices in general. This would lead to more inflation specially as they failed to control it with their interest rate manipulations.
We all know during inflation bitcoin price goes up but as long as recession doesn't get worse (unlikely unless they increase interest rates again).

This explains the recent price rise too. If oil goes past $100, it could act as the catalyst to shoot bitcoin up above $30k which can also lead to a rising momentum.
2082  Bitcoin / Bitcoin Discussion / Re: My difficult transition to the bitcoin standard (almost) on: October 05, 2023, 03:10:23 PM
VISA and MasterCard outside the country.
When you trust centralization, you should also accept the disadvantages. When you trust foreign centralization you should also accept the additional risk involved with that.

Similarly there are disadvantages with decentralized money too which you should accept before going full bitcoin.

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In the new country I didn't even try to get bank accounts.
Just a word of warning: many governments don't look kindly on people who intentionally avoid their surveillance like this. When you refuse to create a bank account, that means the government of this new country you live in as an immigrant or a foreigner can not monitor your every financial activity which they will see as a threat.
Specially if this new country is in Europe. You may end up being charged with all kinds of crazy nonsense from something "simple" as tax evasion to more serious things like money laundering to financing terrorism. All because they can't have their hands in your pocket and have 100% surveillance.
2083  Bitcoin / Bitcoin Discussion / Re: Craig "Faketoshi" Wright saga continues. His team turns against him. on: October 05, 2023, 08:54:17 AM
Malicious people usually don't tend to work with anybody, even equally malicious people like them. Specially when their "cooperation" was based on pure profit, their interests and goals align for a short time but it is bound to fall apart as they turn on each other.

you would be surprised, there are many examples of corrupt people that find and then befriend each other to then reinforce their immoral practices and use each other to hold each other up and continue their silly crap. the only time they tend to turn on each other is when they get caught and its time to protect themselves. just look at the FTX saga when right up until bankruptcy day scammers worked together and then within days of being caught scamming they turn on each other to make immunity deals

when you start seeing people move away, turn on each other.. the jig is up and trouble is coming for them
I disagree with saying "it only falls apart when they get caught". Getting caught is like the catalyst that pushes them over to show their true faces. After all we aren't talking about normal people; being malicious, betraying other people, etc. are like the personality traits of the malicious scumbags. They are guaranteed to turn on each other even without being caught. After all Wright is not yet caught or punished that the "honeymoon phase" with his "buddies" is ending!
2084  Bitcoin / Bitcoin Discussion / Re: Lessons of my experience and knowledge about Bitcoin on: October 05, 2023, 08:18:01 AM
_ Avoid trading altcoin: you are not a genius trader, you will eventually get burned.
Only if you are an absolute beginner otherwise altcoins were created to be traded, that's their whole purpose Cheesy

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_ Attend meet up and conference, the Bitcoin community is awesome.
I'm not a big fan of such conferences on a topic such as Bitcoin, they're mostly a waste of time. You can always find the information online and in a much shorter time without needing to attend a hours long conference.

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_join #bitcoin Twitter: it's less lonely with fellow holders.
I'm not a fan of this either. Social media such as Twitter is not really a place you want to waste your time on for knowledge or information. Specially if you are following a hashtag instead of legitimate individuals. In a hashtag you will see a ton of nonsense including FUD.
2085  Bitcoin / Development & Technical Discussion / Re: Bitcoin Taproot transaction STEP BY STEP on bitcoin-cli... on: October 05, 2023, 05:25:59 AM
signrawtransactionwithwallet

"complete": false,
       "error": "Witness program was passed an empty witness"
Do you also have the wallet containing the "tb1p8wp...." address?
I believe this error thrown because when you "sign with wallet" it has to have the address and the scripts used to create that address otherwise it doesn't know what to do and it gives you this error when it is missing the required "witnessScript".
2086  Bitcoin / Development & Technical Discussion / Re: Is there a database of all known nonce on: October 05, 2023, 05:13:58 AM
I was going to say maybe OP can just get a list of all known broadcasted transactions and then deserialize them, but that does not include the nonce, which is supposed to be secret by design.
Even if it were possible, such a database would be massive since there has been almost a billion transactions[1] recorded in bitcoin blockchain and considering many transactions usually consist of more than one input you'll have a 40-60 GB database with 1.5 to 2 billion entries.

[1] https://www.blockchain.com/charts/n-transactions-total
2087  Other / Beginners & Help / Re: Can someone explain me PK in Sig but not on Blockchain on: October 05, 2023, 05:03:01 AM
Forgive me if i am wrong, but the only answer you become in fact of Bitcoin Security was and is, "The time will change, when the Quantum Computering will be able to Brute all PK's" and this is far away.
Cryptography was invented thousands of years ago and from its first day none of the algorithms were supposed to remain strong and useful forever. They always have a lifespan. Nothing has changed today with Bitcoin and the cryptography used in it or any other place we use cryptography today like this very website you are visiting through SSL encryption.

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Try to ask a AI, and you will be astonished, about answers that a normal one of us, know or never will know ... but the answers exist.

I hope you understand what i mean, because the 2 points in my first post, are answers of a big AI, and i don't go further asking. I like more to disscuse with you here.

And to the decentralised thing ... The Blockchain is run by someone (maybe you will reply no its a peer-to-peer system ...), that's a fact, and the fact that the Admin of the Servers know everything is also a fact.

For example ... how is it possible that the developers can take action, in transaction from Stolen Wallets, they can mark them, and the transaction will never be approved by the Blockchain.

Thats no theory, that's a fact and it was done in the past.
Instead of reading the nonsense some crappy AI gives you maybe you should try reading reliable sources like the bitcoin wiki or the bitcoin book, etc. so that you don't end up with wrong information (the bold parts) which you think are "facts"!
2088  Bitcoin / Development & Technical Discussion / Re: Mining an invalid block on: October 04, 2023, 05:23:54 AM
Anybody can mind an invalid block, create invalid transactions, do whatever that is breaking the consensus rules,... BUT none of it would be accepted by the full nodes that would be validating everything they receive. That's how the decentralized network works.

If it were possible for someone to consistently mine invalid blocks and bypass the network's rules, wouldnt it indicate a significant issue with the Bitcoin network's security?
If anybody finds a way to bypass the consensus rules and pass something invalid, then it would be a problem and needs to be fixed. We had this situation once in 2010 that an invalid block was mined and accepted by nodes because there existed a bug in the implementation. It was fixed and the invalid block was discarded.
Read more: https://en.bitcoin.it/wiki/Value_overflow_incident
2089  Bitcoin / Bitcoin Discussion / Re: Craig "Faketoshi" Wright saga continues. His team turns against him. on: October 04, 2023, 05:16:32 AM
Malicious people usually don't tend to work with anybody, even equally malicious people like them. Specially when their "cooperation" was based on pure profit, their interests and goals align for a short time but it is bound to fall apart as they turn on each other.
2090  Bitcoin / Development & Technical Discussion / Re: Can one create such a transaction that is valid? on: October 04, 2023, 04:11:32 AM
Wouldn't it be possible to have ONE transaction to create an Inscription?
What the attack known as Ordinals calls "inscription" is simply an arbitrary data injected into the bitcoin blockchain by exploiting the protocol. Now the answer to your question is clearer, you can inject arbitrary data into the blockchain in one transaction very easily. The correct way is using an OP_RETURN output to do so.
2091  Other / Beginners & Help / Re: Are arrogant wannabe script kiddies still a problem for Bitcoin? on: October 04, 2023, 04:07:35 AM
That's somewhat true because from what I've seen when it comes to altcoins it is not about being experienced or not in coding because creating the large number of altcoins and specially the tokens is not about creating a solid project. Instead it is all about making money.
In other words I believe that even if the most experienced expert programmer were to create a token or even an altcoin, they'll create the same weak and flawed garbage as long as their purpose is the same (ie. make money fast).
2092  Bitcoin / Bitcoin Discussion / Re: Marathon Digital Holdings failed experiment on: October 03, 2023, 01:06:12 PM
they've then resorted all the transactions for no reason.
That's the weird part specially when they claim they were "optimizing" stuff. I can't think of any other relationship between order of transactions and optimization than merkle root hash.

Truely invalid blocks are pretty rare and expensive software bugs.
not expensive at all
~
Why do you overcomplicate everything? A bug that leads to missing out on $160k+ revenue is an expensive bug. Tongue
2093  Bitcoin / Bitcoin Discussion / Re: Marathon Digital Holdings failed experiment on: October 03, 2023, 10:59:34 AM
Quote
In no way was this experiment an attempt to alter Bitcoin Core in any way.
Is it just me or this statement is super weird? Why "bitcoin core" and not "bitcoin" or "bitcoin blockchain"? Are they so incompetent and unfamiliar with the Bitcoin protocol and don't understand the difference? LOL

Not sure what kind of experiments that they are running, but it good that the network rejected it. According to them they are doing some experiments to optimized their operations.
It is not a big deal though, it was a very simple invalid block and got rejected. It was not even some super secret and very little known consensus rule that led to its rejection...

My guess on the experiment is that they could have been trying to optimize merkle root hash computation process. That's the only reason I can think of for bothering with transactions and their order in the block you are trying to mine.
2094  Bitcoin / Bitcoin Discussion / Re: Satoshi's first tweet since 2018? on: October 03, 2023, 10:43:56 AM
Remember that Craig Wright is a person who has repeatedly tried to fool the world into believing he is the actual Satoshi. ~
I don't think binging up Wright is even relevant in this context and I doubt he would use Twitter to run his scam through an account called Satoshi. Twitter is too centralized for him to do this, specially since Musk (as the owner of Twitter) could easily make a statement saying "this account has changed hands/was sold". That would shut down his claim very quickly.
2095  Bitcoin / Development & Technical Discussion / Re: Is it possible to lock change by default? on: October 03, 2023, 10:33:13 AM
As an alternative: avoid change at all! Manually give all funds a destination, and that could include an address in another wallet named "change wallet - DO NOT SPEND".
That's a cool idea but it could become a bit messy.
If the wallet allows running multiple instances (which they sometimes don't) you'd have to open the other wallet at the same time so that you can get a new address for each change. You also would lose the visual indicators of what address belongs to you, slightly increasing the risk of making mistakes.
2096  Economy / Economics / Re: Russia and Western sanctions UK and others Also brexit on: October 03, 2023, 09:40:09 AM
Go to Wikileaks and just search Yemen and then enjoy Smiley
The estimated oil reserves in al-Jawf alone is at least 500 billion barrel which is roughly 30% of the total global oil reserves if we believe your link.
2097  Other / Beginners & Help / Re: My First Advice To Beginner Traders on: October 03, 2023, 08:36:00 AM
LEARNING:
It's very important to know that your success in trading depends so much on how much information and education you have about trading before and while you are still trading. As a beginner trader, invest so much in learning before thinking of earning, this is very important. Get good quality education and information about trading, read books, take courses online or offline and make sure to get every good information possible about trading as this will greatly influence your success in your trading journey.
I don't consider myself a trader but in my little experience, I don't find any kind of courses, books and other similar material to be helpful in trading. Even less so when it comes to trading altcoins because of the heavy manipulation that dominates the altcoin market (commonly known as pump and dumps).

The only thing that you need and is useful is going to be experience and understanding of HOW the market works. This knowledge is only acquired if you spend time studying the market, looking at the charts and making trades. You need to know what makes a shitcoin pump and when will the pump gives its place to a dump so that you can make wise decisions for your entry and exit strategies.
Usually these "courses" you mention teach you some nonsense about technical analysis which is completely useless in altcoin market. None of them help you speculate the pump and dump market.
2098  Bitcoin / Wallet software / Re: Is using a remote node safe? on: October 03, 2023, 08:28:15 AM
There must be hundreds of SPV servers operated by chain analysis companies.  So there is privacy concern.

As for connection/usage, if you mean something like connecting to a single node and syncing that way, it is not only a privacy risk but also a security risk since that node may be either broken or malicious and end up feeding you false data.

I agree, but how bad can that be in terms of security?  There are two ways to feed you false data.  Either to give you coins you do not own, or not give you coins you do own.  If you received coins you do not own, then spending them would be rejected by the network and you could know that the node is malicious.  If you did not receive coins you own, then again you know that the node is not behaving normally.

Another attack I can think of is if both the sender and the receiver connecting to the same SPV server, which in that case it gets complicated.
One risk would be the double spend attack but it would require some hashrate. The attacker would send the user some bitcoins in a transaction they mine (they could receive cash or goods in return). That block could take a long time to mine too but it wouldn't matter since the receiver is not aware of the rest of the network (due to being connected to only one node, the attacker's). The attacker would also create another transaction double spending and sending the funds to their own address, which they would send to the network and get it mined in actual bitcoin blocks.

If the receiver tries spending the received coins, they would still send the transaction spending those coins to the only node they are connected to which is the malicious one and would accept the tx as valid.
2099  Bitcoin / Development & Technical Discussion / Re: Is there a database of all known nonce on: October 03, 2023, 05:17:26 AM
Do you mean each block's nonce?
Based on OP's post history I'm assuming they mean the ephemeral key used during signing operation, in which case considering how it is impossible to know the "nonce" by having the signature there can't be a database the way OP thinks. There are only a handful of cases where a weak key was used and it was revealed.
2100  Economy / Economics / Re: Russia and Western sanctions UK and others Also brexit on: October 02, 2023, 01:33:15 PM
heck even the climate agenda is a simple bait and switch.. everyone knows there is less than 100 years of fossil fuel in the ground left.. so conversion to renewable is always the path in the next 50 years..
yep i said it. if we continue with fossil fuel without crisis talks. the fossil fuels would run out anyway and the environment would clean itself in 100 years or less
lol your information is far off Cheesy
We will have fossil fuels for at least 2 or 3 more centuries. In Iran alone we have more fossil fuels for the next 200 years, not to mention that vast amounts of our resources are not yet even discovered like in the Caspian sea (north) or the southern provinces because there were no reason to.
Or the biggest resources that are in Yemen which both Soviets (back in USSR time) and American intelligence have approved has more fossil fuel than the entire West Asia combined and remains largely untapped to this day which is also one of the biggest incentives for the invasion of Yemen and the failed attempt to occupy it by the US-Saudi coalition in the past 9 years.
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