Why is so much different from the coin market cap? what timezone do you use? 23 days is enough far. I don't know how to calculate, based on what?
Till now, 757,193 block have been mined and there are 82,807 blocks until the next halving. Assuming the average block time for these blocks will be exactly 10 minutes, the halving should be 828,070 minutes later which is 575 days, 1 hour and 10 minutes later. With this assumptions, the halving will be on May, 02, 2024. You see exactly the same date on Coingecko and bitcoinblockhalf. buybitcoinworldwide (which was used by OP) and coinmarketcap (which was mentioned by you) are using different methods for estimating the halving date. For example, you can use the average block time of previous halving periods or average block time of the previous difficultly adjustment period. No one knows the exact date of halving. |
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It works if you are that rich.
What do you mean by being rich? Do mean owning 1 million dollars? No, it still won't work. It works only if you have an unlimited amount of money (which is not possible). With bigger money, you are allowed to lose more bets in a row. But take note that you have to win more times as well. |
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It's better for you to read Bitcoin whitepaper first [1] after that you need to understand how exactly Bitcoin address created and how secure it is. Each Bitcoin address will have seed phrase in order to access your wallet, it can be 12 or 24 words and you can read list of the words [2]
This is wrong. It's not that all bitcoin addresses are generated from a seed phrase. Your seed phrase generates your private keys and your private keys generate your addresses. For generating a bitcoin address, you can convert a random number to a private key and then derive a bitcoin address from that private key. In this way, the address has been generated from the private key directly and you don't have any seed phrase. Take note that there is no mention of "Seed phrase" in bitcoin whitepaper and bitcoin core doesn't give you any seed phrase at all. |
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Every four years, this number is cut in half.
It's not accurate. The halving occurs every 210,000 blocks which takes roughly 4 years. New bitcoins are issued by the Bitcoin network every 10 minutes.
This is wrong too. New bitcoins are generated in every block mined. It's estimated that a new block is mined every 10 minutes on average. A new block may be mined in a few seconds. It's also possible that it takes an hour. |
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So I think sharing most of your strategy will help more gamblers to beat the casino houses .
In the ling run, that's impossible. The house edge guarantee that the casino will not lose. but at least for those that needs only small capital and not that much as 50k? this is a High amount to start with.
Did you read the posts made above? Regardless of you start with 1 dollar or 1 million dollars, it's impossible to succeed. With martingale strategy, not only you don't increase the chance of winning, but also you decrease your chance. |
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Lastly, investigate if he's telling the truth.
I feel the receiver is trying to trick the OP. OP made two transactions to bc1qcj3f0kllhwctsvgud4k9zv5gxqf574fm2qlj5t. The receiver is saying that this address isn't mine. My address is bc1qfg0a4ns3z4ud2d90t8hfgc2a2x6j65y7j3rnsa. (Please someone correct me if I have understood anything incorrectly). OP's friend made a transaction from bc1q...j5t to bc1q...nsa without knowing all bitcoin transactions are public and it's very east to track the fund. Both addresses are probably owned by OP's friend. It can't be a copy-paste malware. Why should the hacker send back the fund to the correct address? |
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If you have 50k budget to bet there is no way you get 20 red in a rows. i think can make bank with this mehtod if you have good budget.
It's surely possible. Even more loses in a row is very likely. You will finally lose. Be sure of that. Assume that you have 50,000 dollars. You want to double it and the house edge is only 1%. If you play at 2x multiplier, you have 49.5% chance to double your balance and 50.5% chance to lose your balance. Now assume that I try to double my 50,000 dollar using martingale strategy. I set the base amount to only 5 cents. If I lose the bet, I will double the bet amount and if I win the bet, I return the bet amount to 5 cents. Let's do some calculations and see if my chance increases. I can continue until I lose 20 bets in a row. As with every win I win only 0.05 cents, to double my initial balance, I must win 1 million bets. The chance to lose 20 bets in a row is 0.505^20. That's only 0.000117%. Till now every thing is OK. To double my balance, I have to win 1 million times. The chance of not losing 20 times in a row until you win 1 million bets is (1-0.00000117)^1,000,000. That's 31%. Therefore, the chance to increase your balance with martingale strategy is 31% while the chance to that with a single bet was 49.5%. This is how martingale strategy decreases the chance of success. |
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If you aren't a big whale you won't win any lottery on Freebitco.in, .......
This isn't true. The true statement is: If you aren't a big whale (if you don't have a big number of lottery tickets), you won't have a big chance to win the lottery. Take note that even with only 1 ticket, you have the chance to win the lottery. The game is provably fair and everything is possible. |
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This method is called martingale strategy. You increase the bet amount every time you lose and return to the base amount if you win the bet. If this method could work, all casinos would have gone bankrupt by now. The house edge is always against you and users always lose in the long run. There is no way you will fail 7 times and if you do just increase the bet and you will get it back eventually even if you wait 12 times.
It's possible to lose many more bets consecutively. To be successful, you need an unlimited balance which is impossible. |
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I think this will make bitcoin more expensive for people who really want the currency, not to exchange it for more fiat money or other crypto,
You are saying that traders make bitcoin more expensive. I don't agree with this. In the long term, traders have no effect in the price. Also, what's the problem if bitcoin becomes more expensive? Anyone who needs bitcoin for any reason can buy bitcoin as much as needed. I look forward to reach that peak of $3300 to also have the right to be part of this.
You always have the right to buy bitcoin. |
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If I have understood you correctly, you are looking for a tool that generates bitcoin addresses securely. If so, you can use electrum wallet. Electrum is an open-source wallet which gives you complete security if it's used properly. Electrum gives you numerous addresses all backed up by a seed phrase. Take note that if you want your wallet and your addresses to be 100% secure, you should install electrum on an air-gapped device. Warning: Download electrum only from its official website and do not forget to verify your download. |
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I will recommend Safepal hardwallet because of supporting so many chains and user friendly system and every week you will see new chain to be added.
Like trustwallet, safepal hardware wallet is also close source and I wouldn't recommend it. Just download Trust wallet and Don't connect it to internet.
Even if you don't connect trustwallet to internet, we can't be sure the fund is 100% secure. Because we don't know how the keys have been generated. And if you can't use hardware wallet, then you can use trustwallet.
Even if you can't use a hardware wallet for any reason, you shouldn't go for a close-source wallet like trustwallet. |
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Activity = minimum (post count, 14*N),
N= number of two week activity periods in which you made at least one post.
You have been active in only 1 two-week activity period. So, 14*N = 14 and your activity can't increase to more than 14.
Your activity will increase, once you make your first post in the next two-week activity period.
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Applying for avatar campaign:
Username: hosseinimr93
Current post count: 3354
BTC SegWit Address: bc1qfwmmppsqlp3xuvghfsys32mtn86j6kfvu0e20z
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You could always have it memorized.
This is really the worst idea in my opinion, who can remember more than 20 words containing uppercase and lowercase characters, it's not an easy thing to do especially for a long time. You are right that it's not a good idea to memorize the seed phrase instead of writing it down. You should always keep your seed phrase in a safe place and never trust your memory. But take note that a seed phrase includes meaningful words and they are not case sensitive. Also, a seed phrase usually includes 12 words. |
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instead of storing the phrases in their correct arrangements why don't you do some rearrangement before you store them?
You should never trust your memory. It's possible that you forget the correct order of the words at any time. Forgetting simple things is usually normal for a human and I am sure it has happened to most of us. |
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There must have been some reason for this choice, right?
If I'm not wrong, safepal is the cheapest hardware wallet you can buy and that may be why OP decided to buy that. According to their website, they even offer global free shipping if you buy more than 1 hardware wallet from them. |
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As far as trust wallet, I don't know anything about it, but I don't like the name. Would you go to a dealership named "honest guys car dealership?" If they have to put it in the name, it probably isn't true. Maybe I'm just being silly, idk, but I don't trust them.
You are right that you shouldn't trust trustwallet, but that's not due to the name. That's because trustwallet is close-source and we don't know how the keys have been generated and whether they are stored on their server or not. Trustwallet is about as secure as metamask though and depends more on your computer's security than hardware would.
Metamask is open-source and much more trustworthy than trustwallet. |
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I can't remember the name of the site fully but I think it was wallet explorer that tried joining addresses together for spv clients: https://www.walletexplorer.comWallet explorer put addresses in the same wallet if they are co-spent with each other. For example, if you spend from addresses A and B in a transaction and spend from addresses B and C in another transaction, they conclude that addresses A, B and C belong to the same wallet. That's all walletexplorer do. |
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For instance, I have a UTXO of 15 BTC and I want to send 1 BTC to person X. There will be two transactions, one for 1 BTC to that person and the rest minus the fee back to me under a new address.
There won't be two transactions. There will be a single transaction with two outputs. One of the outputs will belong to the receiver and the other one will be the change. Is there a way to detect 'change' transactions' and if so, how? Thanks
If you send round amounts, anyone looking at your transaction will probably think that the round amount belongs to the receiver and the other output is the change. If you send exactly 1 BTC to someone and 14 BTC minus fee to your change address, it's almost obvious that each output is the change. |
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