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2221  Economy / Scam Accusations / Re: Avoid Ponzi/Ponzi scheme is a scam on: May 09, 2023, 01:35:41 PM
If you're too desperate to make online money then there's no how you will not fall into the hands of the wrong ones because they will always try to influences you to do what tou don't understand or know about, everything in life has a due process without rushing it either, nothing is free anywhere, you have to work for it and earn it before you can be deserving of it, the scam projects are many on the internet rampaging, even our desire for crypto doesn't mean we should go for any crypto project, many of them end being a scam and left untraceable.
2222  Other / Serious discussion / Re: Delay your Bitcoin transaction for this week| Volunteer campaign on: May 09, 2023, 01:12:28 PM
Future solutions:
Use Bech32 addresses.
Use wallet that support RBF.
When fees are low Fees not low! Wait for opportunity to Consolidate your small inputs, consolidate all of your previous transactions into one income.
Use the Lightning Network for everyday payments.

Good and perfect ideas, but we expect all these to soon end as solution will be engineered toward the issue of high transaction fee relating to ordinals, something of this has already happened in the past sometimes in 2017 whereby we gad a scenario similar to this, but this got back as expected over time as solution was derived to tackle it, as lomg as the network is not at risk by this then i believe we are good to endure till the lasting solution arrives, we should always try to check the mempool before making any transaction in other to know the direction of where we are heading to whenever we want to make any payment transaction to avoid being disappointed or delayed.
2223  Other / Beginners & Help / Re: How Bitcoin Ordinal will waste block space? on: May 09, 2023, 11:41:23 AM
I have been reading about Bitcoin Ordinal but I couldn't spend a lot times so couldn't learn the whole thing yet. Anyway, I read one article where it says each sats will have a identifier number. This is crazy! How's it going to be done technically? Can someone explain?

If they really mean am sure they can achieve it, but the question here is that, is it necessary? to me i see no reason why that should be implemented when we have all it takes to erase the whole challenge from existing by going back to where we started from.

Also, if Bitcoin Ordinal is used by a lot of people, will it create an issue for normal bitcoin transactions?

It obviously that we are likely to continue to have a higher transaction fee like this we are experiencing currently, the high the use of the Ordinals inscription the higher the bitcoin transaction fee may go.

Bitcoin block is too small in size. If sats inscription consume a lot of space in each block, won't it create a problem of shortage of space in block?

It not even about creating a shortage in blockspace now that's the challenge, but we are afraid of hackers not using that as a means to launch attack on bitcoin nodes through this NFTs memes on blockchain network.
2224  Bitcoin / Bitcoin Discussion / Re: Which wallet should be used to keep bitcoin safe? on: May 09, 2023, 10:42:22 AM
Trust wallet, mycelium and electrum which of these three wallets is the most secure?
Which wallet would be better than these three wallets?
I bought Bitcoin from kucoin, so far it's in kucoin

Make sure that your bitcoin is not left on that centralized exchange because they are custodial wallet and have more of disadvantages than the advantages of using them, i will recommend you two category of non custodial wallets which you can try make use of, they are cold storages and one example had already been given you with the use of electrum wallet, try check this ones as well.

bitcoincore, for your maximum security, you can download the software Applications and run it,
https://bitcoin.org/en/bitcoin-core/

Open Source Hardware Wallets, go for this category as well if you can spare some amount of money to secure one by purchase.
https://bitcointalk.org/index.php?topic=5288971.0
2225  Bitcoin / Bitcoin Discussion / Re: Why BTC Transactions Fees are Skyrocketing? on: May 09, 2023, 09:51:01 AM
You think bitcoin transactions are expensive, look into this

source

There are times we don't even give attention to some things that were demanding much from us than the ones not giving us much challeng but we feels uncomfortable with them and it seems a major concern on us, quite alright bitcoin transa is going higher and more in recent time but we should also looked into the value of the assets we are trying to make the transaction from and compare it to other sources that demands paying higher fees for without us knowing or minding of.

This is not to encourage the high in transaction fee because we are used to paying low fees on our bitcoin transactions, but we can also check other means we pay high fees aside from bitcoin that are taking much from us than we expect, bitcoin transaction fee will soon become a story when the lasting solution has been made.
2226  Bitcoin / Bitcoin Discussion / Re: High transaction fees and businesses that accept bitcoins. on: May 08, 2023, 02:08:46 PM
This season where transaction fees are really high can be a discouragement for people who were already becoming used to making payments in bitcoins at their local stores that accept payments in bitcoins. For people who have businesses that accept payments in bitcoins, how are you coping at this time when transaction fees are really high, and what adjustments have you made to try to see that people do not totally cancel out making payments in bitcoins due to this challenge.

We can't just because of transaction fee deny customers from making payments neither should that be a discouragement on them as well, i think using one or two dollars as cost for transaction fee isn't that too much beyond bearable approach until a lasting solution is given on this, meanwhile the level of how this affects us also depends on the rate of transaction we are taking, tou can't compare someone making a huge sum to the one making just less than hundred dollars to have same experience, lastly try to engage making weekend transactions when the mempool is mostly believed to be less congested and study the fee rate on mempool before making any transaction and you can always go for low priority as well.
2227  Economy / Economics / Re: Would you consider moving abroad? on: May 08, 2023, 01:35:13 PM
So yes, would you consider moving abroad for a better future? Would you try to find a way to stay in your country, either through online work or by accessing all possible opportunities?

There's nothing bad about making any of the two decision since it has to do it our own personal choice, it's what we want that we should go after in other for us to derive satisfaction in life, this is a matter of opportunities, either you are in your home country or traveled abroad as long as you can maximize every opportunities life brings to you tgen i can you're fine to go ahead, there's no how you can give less and expect much in return, such principle works perfectly in the kind of approach we give to our living existence, which all begins with the values we create right from our localized zones that catapults us to having great ideas and moving further in life and not those that can't think for themselves.
2228  Other / Beginners & Help / Re: Is bitcoin a good option for a beginner in Cryptocurrency? on: May 08, 2023, 01:09:11 PM
Am a newbie I need more detailed clarification and explanation from senior colleagues here on the best Cryptocurrency to invest on whenever i have the funds and how to go about it.

Go for bitcoin as a beginner, learn about bitcoin investment and have an ideal knowledge of it before you invested, also try to low about bitcoin wallet and make use of a cold storage wallet in having your bitcoin, avoid holding your asset on centralized exchanges, but you can only make use of them when there's a need for you to make an exchange or buy bitcoin and then you move to your personal wallet, you will need one step at a time and it begins with you learning first about what bitcoin is in cryptocurrency and why it's the most preferred crypto.
2229  Bitcoin / Bitcoin Discussion / Re: When using Bitcoin to make purchases, do you feel bad? on: May 08, 2023, 12:53:09 PM
However, my issue is that whenever I consider purchasing using Bitcoin, I feel uneasy. I'll never forget the man who bought pizza for more than 30 bitcoins; those bitcoins are really valuable

Dont create a fear out of no reason, those that were early adopters have thesame opportunity like we are having today, they never thought about things going to turn the way it became today, if you have that same opportunity to hodl bitcoin or accept it for your business then it's better you implement that against the future, there's every certainty tge table will still turn around the second time or even more when you hodl.

if I have some stablecoins, I try to use them to make purchases since it seems more comfortable. While things are still horrible on the market, I don't want to touch my BTC.

Such idea may be a good one as well, if you can old your bitcoin and make use of other asset for a living, especially in times like this when we are fast approaching to the next 2024 halving, there's this believe that we are going to have a bitcoin bullrun on it price whereby holders will rejoice.
2230  Bitcoin / Bitcoin Discussion / Re: US Congress Meeting On Bitcoin Adoption on: May 06, 2023, 08:27:56 PM
this meeting means nothing, because we know that these congress people don't really believe in Bitcoin and they only have their own interests in mind. even I doubt that these congressmen understand what Bitcoin is. so there is no need to focus too much on meetings like this.

You cannot say that, you have to understand this fact about bitcoin that since it's a decentralized digital currency, anyone can posses it without others knowing and such is the kind that prompt those interested in seeing others benefiting from same opportunity in bitcoin to hold a meeting and discuss the way forward, maybe if their attempts towards seing bitcoin adopted massively such that could lead to legal tender on US or beyond, nothing is impossible when ot comes to bitcoin because everyone wants this financial freedom, there are many things attached to why such meeting holds than you could perceived, but if this new era of political leaders could give hands together in support of bitcoin, then we can expect more legal tender adoption sooner as long as they emerge office just like Nayib Bukele with El-Savador.
2231  Other / Beginners & Help / Re: AI Crypto Trading Bots on: May 06, 2023, 08:07:52 PM
Which one of these robots is better than the others?

If i may ask that why do you choose to use a trading bot for yourself? are you a newbie in trading? Why am asking is that everything you're taking as a step has it own risk and it wouldn't do good for you spending much in seeing things going better but getting a wrong result worst than expected, trading bot can't perform everything for you to your best interest, they have limited capacity because they have been programmed, if you're a newbie i will advise you to learn first before starting at all, then read about the side effects of using a trading bot before using any.
2232  Economy / Scam Accusations / Re: Avoid Ponzi/Ponzi scheme is a scam on: May 06, 2023, 07:54:21 PM
Be aware of GMG website, should Incase kind of website will be close to your country, this site is a ponzi scam website where you will be asked to invest with the them, some days a go some people who invested with site because of a skirt Maker who promoted the site and many people thought with the skirt Maker who is promoting the GMG website that the site will be legit.

Anybody can take the contract of the job to promote a business or websites but ours is to give everything we see online a second thought before assuming them to be genuine, investing in an online website that promises you a massive return within a couple of days should indicate a scam to you except for a novice, this are the limes of projects that makes people loose interest on bitcoin believing everything that is a digital network is a scam, because they have scammed many people in the past and they no longer finr that trust again with anything that deals with online business, but bitcoin is a changer of it all, except if you're asked to to do shady things or reveal your privacy with online influencers about your bitcoin and get you scammed.
2233  Other / Beginners & Help / Re: Litecoin to Bitcoin address, help? on: May 06, 2023, 07:26:11 PM
I transfered from 3rd party platform Litecoin via "Bitcoin network" to Bitcoin address. For some reason the transaction was succesfull, but i obviously didnt receive the funds.

Each cryptocurrency has it own blockchain and the address had to be on the particular network you're sending to, which means you can't send bitcoin to another network except a bitcoin address and same applies to other cryptocurrencies except for the once that share thesame network on blockchain, when you send to a wrong address, you're most likely to miss the fund and loose everything, you would have exchange it first using p2p or rather provide me them with the litecoin receiving address.

So how is it possible that i send Litecoin to Bitcoin address, bitcoin transaction didnt arrive,  but a new LTC wallet was created with my funds, where i have no access of.

When using a centralized institution or websites or casino, they will generate you an address which will have in custody your coin they are offering you, remember those you're dealing with too were also custodial channel, they have your wallet keys with them, once they offer their address, you will transfer the coin they gave you to an exchange using the same address on the same network from the exchange and receive you coin into it.

Have i lost my funds?

Obviously Yes.
2234  Bitcoin / Bitcoin Discussion / Re: US Congress Meeting On Bitcoin Adoption on: May 06, 2023, 10:15:55 AM
US presidential candidate Vivek Ramaswamy is also a bitcoin pro as he made his way to the bitcoin conference held at Miami when he anchor an awesome moment speaking on bitcoin https://twitter.com/TheBitcoinConf/status/1654481703463800834?t=oFvFMwVe9W1qo0aZ-5g-0g&s=19 i want to believe that US is going far better in producing candidates that are bitcoin oriented in the strive for the next presidential race after knowing that the most attractive elements to push crowd for them is in showing interest in bitcoin as the whole world is going on same axis for adoption and the network keep increasing like never before, such political race could come more easier with the influence of bitcoin considering the numbers of those that are in the network that want financial change in the economy under a decentralized network.
2235  Economy / Services / Re: [CFNP] SINBAD.IO [Mix Your BTC Quickly] Signature Campaign | Up-to $150/w on: May 05, 2023, 09:39:42 PM
Hello CM,

@Royse777, i will like to inform you that I've been ranked up to "Hero Rank" and will appreciate your consideration whenever there's an open spot, signature updated, thank you.

2236  Economy / Trading Discussion / Re: Know it that market is speculative on: May 05, 2023, 04:06:24 PM
For newbies in trading, you need to understand that the crypto market is a speculative and not stagnant. It moves up and down known as bull and bear respectively.

Everything about bitcoin has no stable prediction because it work by the protocol of volatility and this call for more soeculative ability in every aspect of trading, you could sometimes see a trader studying the weekly candles on bitcoin chart in other to know the flow and direction of the market price for bitcoin so as to avoid losses while trading, but many couldn't identify the reason why they engage doing this while trading

For example when the price of btc is $28,000, someone is speculating it further to buy to $29,500 and another can speculate it to sell to $26,000. So depending on your chart and analysis, that determines your winning strength if you speculate rightly.

As each buyer beads for the pricing rate so it also varies from tie to time as the market remain volatile, this is how the traders earn their accumulated income little by little, the quantity or rate one is selling or buying is also another factor that determines the price set for the trade.
2237  Other / Beginners & Help / Re: What do you think will be the next Big development on Bitcoin after Bitcoin LN? on: May 05, 2023, 03:18:47 PM
After Bitcoin LN there has not been any major upgrades that can improve a user's experience.

Let's first give it a consideration on the need that arises which led to the development of bitcoin lightning network which is scalability issues associated to bulk transactions difficulty and cost, today we are having a recent challenge ongoing the entire bitcoin network which is on the transaction fee, it is now high than ever before since the introduction of bitcoin ordinals to the network, many are currently complaining on high transaction fees and we are believing for new innovation to settle this challenges just as bitcoin lightning network came to make the simple solution for scalability.
2238  Other / Beginners & Help / Re: How can a beginner fast learn and contribute to bitcoin forum on: May 05, 2023, 02:48:56 PM
Please what are  the fastest ways to learn about bitcoin?

If you desire for something, then know it that it may take you some time vut tou will definitely achieve it, this is a determination ii d of mindset every newbie is expected to have about learning on the forum, be active, read through the forum boards, consult other cryptocurrency learning aid, ask questions and take your time to invest on valuable things that can quicken your learning procedures.

and how can a software development student meaningfully contribute to the forum?

There's a section for bitcoin technical support, development and technical discussion, these boards deals about the technical aspects which you can contribute, research on or ake enquiry about at the cause of your learning.
2239  Other / Beginners & Help / Re: Cartooned style video about Bitcoin for beginners on: May 05, 2023, 02:27:34 PM
I find an animation style of explaining what Bitcoin is and how it works easily. It also catches the attention of other people who aren't into it. Also, with this style, it won't be too boring to understand Bitcoin.

As for me i will not admit this procedure for learning bitcoin if you're a matured man and willing to learn bitcoin for real, this is kore or less a child's play or something we can recommend for children to learn in other to have an idea of what bitcoin is, but if you're truly in for the real deal, it's not time for animation movies but to get serious and busy with the reality in learning bitcoin, bitcoin is more wider than wasting time on watching the preliminaries, am not totally against it OP, but understand that as an adult, it will get to a stage you will no longer needs milk for survival, what you will need is meat.
2240  Economy / Reputation / Re: Why I will use this account until I recover my account on: May 05, 2023, 02:12:01 PM
-snip-
I think Piesel is not violating any rules yet because his former account wasn't actually banned. So we cannot say that it is ban evasion. According to the former thread, his main account was hacked and on trying to recover same with a secret question option, he was locked out.
I'm not saying the OP broke the rules, let alone the bann evasion. But the OP seems to be trying to get some attention and support to get his account recovered by the recovery team, well if that's the goal, IMO the OP doesn't make thread on the right board. I don't think this thread is about reputation, but meta.

I think the admin are very responsive to account hacking cases, but the recovery team may take some time to come to conclusion. If the OP has really solid evidence, then I don't think his account recovery will take that much time, I mean it won't spend 3 months in queue.

Well to me, posting here does not mean anything as long as OP is having a request that he wants the attention of the forum admin or the ones concerned to get reached, such is best discussed on Meta here, i don't think he's reporting or arguing anything yet than trying to get their attention to his case which i believe he expects to see any positive outcome from it soon, or maybe it's another way to bump up a reminder on his case to the ones concerned so that his account may get recovered back, which i think we are all saying the right thing with appropriate suggestions to it.
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