You are asking for most uncertain thing on the planet earth from the most uncertain person and a billionaire. I think what you talking is something an investor would ask on the daily basis, the media would be asking Elon whenever they see him. This is much interesting question and a question for which world wants answer for. You can't say for sure but you can always follow him on his social medias and get hint from him. But dont get dragged too much since they are sometimes just his imagination and sometimes they are real hard investment ideas. The question is how trustworthy those little tweets could be or posts could be. The better idea? Invest in his existing companies, buy some shares and be happy about it in ten years of time.  |
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I believe the drama is not just limited to halving but the entire crypto space itself. SEC or CBDC or any other financial associated system they will always be there to have their share of potion. I don’t know if it is intentional or they really do the job all the time but it’s hectic for the investors. Various institutes had to close the doors just because of such drama.
Anyhow, bitcoin is always solid when it comes to SEC drama or other institute’s bugging into it. The only few things happen with it are: it drops in value, it rises in value, it stays still, it rolls. I hope the oldest investor here knows what I mean by this. Just keep holding.
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that is why losses = bigger losses, profits = lesser profits.
Yes, that is true. When your order is executed you will pay a fee and if you close your order you will aso pay a fee. Meaning you have to pay for fee twice when you trade. That's why if you're consistent in losing, your funds will be disappear very quickly. In this case, I would check the crypto that cost a higher fees in the trading history and I will try to avoid trading with them in the future. That is a universal formula and that’s how exchanger will survive through its business. Without these fees exchanger won’t even survive for few weeks or months may be depending on how much owner is willing to pay through their pockets. Lol. These fees will get as high as you could imagine when you start futures and options, staking, derivatives etc. Imagine how much they must be earning with this. Binance 24 hour volume stays around $9,027,807,078 and they take anywhere between 0.01% to 0.50% in fees on every trade (maker and taker). You can reduce the fees by owning the exchangers token. Most of them have it as utility for you. Just research and save more out of it. |
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This is by far way better version of hardware wallet. It looks so much premium as compared to my ledger. Now I’m feeling so down as compared to what I have and what is on the market. Honestly you can have first impression from the packaging and how a product is delivered to your doorsteps. Just scrolled through all the gallery posted by n0nce and I’m so impressed with how they made this product. It looks very lavish product by its appearance. Moreover, it has color screen man that’s even better than most of the Back LED type of screens. What I mean is, it gives entirely modernist feeling. @n0nce must be premium when you are holding it in your hands? The technical details are already discussed in depth so yeah it has got one more vote for sure.
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And actually it also depends on the situation and condition of the person. If someone is having financial difficulties and even has difficulty buying food, the main priority is of course food. But if someone is in a condition that is financially secure enough where he can eat enough and has enough income to meet all basic needs. then someone is indeed advised to be able to save and invest for the future. because we must have hope and better financial conditions in the future. and we have to start planning and start investing from now on.
You are right, if someone is still having difficulty financially then they will not think about saving or investing. What they will think about is being able to eat every day, which is more important because it will sustain their life, but for those of us who have been said to have sufficient income and finances stable enough, you need to think about the future by investing in several fields while there is still money, so take advantage of that opportunity, don't ever waste it on things that are not important because one day it will be a regret when you are old you can't produce anymore. For me investment is important, while we still easy to have a steady income every month, plan to invest as early as possible, it doesn't take much, even setting aside 10-15 percent of your salary is good enough, especially in Bitcoin, of course there is a large potential for multiples. Investing and saving don't have to be in large amounts at once. Well we can set aside from every income we get every month. 10-20% or whatever that is as long as it's pretty cool money. then it could be a pretty good investment for our future. I personally prefer to make two types of investments namely Physical investments and Digital Investments. and for Digital investment of course in Bitcoin is the most suitable thing and what I also choose at this time. But again lucky on you that you have extra money to save and invest to if we follow the 10% on saving money from the salary is for sure we wont buy all our necessities as our salary is low. Though it doesn't mean that we save big, we can save what we can, but again, it takes time. But again, this is better than not saving, as in the future, if you see that it is best to invest this, then you now have money to put on it. Our salaries should never be limiting factors because if we live in that box kept in a corner, we will never be able to learn bigger stuff, never be able to invest somewhere else. For this very reason one should directly evolve themselves with brighter skill sets, have multiple ways of earning sources. Any ITian can easily to moon lightening so that they can literally double their wages. There are relatives who are literally saving everything from the first salary and some portion from the second salaries. I am not sure form what region you guys are but most of the western sides allow this and it's blessing to everyone. If someone is from different field which does not allow such multiple profiles then better look for home based or part time jobs which are doable in the remaining hours. One can seriously manage the life to get more out of it and still maintain good lifestyle. |
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The surprises yet to arrive in the Bitcoin world. The world's bitcoin acceptance rate has not grown yet neither most of the population is into Bitcoin. Imagine everyone holding even few thousand to million satoshi's could have made insane price hikes for the Bitcoin. The adoption is not at the fullest and that's because of the conflict in definitions of securities and assets from the SEC and different financial authorities around the world.
I am mentioning all of this because it has direct relation with the purchases you made. For example, real estates would grow in valuation every year depending on what prices government and the market imply in the years to come. However, in case of Bitcoin it is itself one of kind asset also and currency also. It gets valued and appreciation is not in few % but in hundreds to thousands over the course of decade plus.
By this, if anyone is buying bitcoin or preferring it over other assets, we are already doing great job.
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Just about the time I posted links to article about what is Keccak256 and Elliptic Curve Digital Signature Algorithm. Good to see various explanation done by various users here. However I would still encourage OP to read the below quoted articles. They are in depth and will help you understand the entire concept easily. By definition Keccak256 is a hash function that produces fixed output of 256 bits. Mostly used in ethereum ecosystem and works by taking inputs with arbitrary length data set. Also responsible for transaction ID, cortical value creation. While on the other hand elliptical curve is also mentioned as secp256k1. This has another function as compared to the above one and helps in asymmetric cryptographic systems features, including encryption, signatures, and key exchange. You can read in detail how both of them work here: 1. Keccak-256 hashing alghorithm2. secp256k1 elliptic curve |
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It’s bit much to say that those are real allegations. I think what we need to understand is gambling and how it’s connected with people. Most of the people are here by choices. Some of them love gambling because they are real with it, they sometimes make it their job, a way to income source and much more. While some of them are just playing for fun and there is no real deal with such people. They won’t care if they are profiting or not. They neither look for recovering their losses and much more. While on the other hand there comes people that you describe who are getting on the wrong foot all the time. I think they are none of the above. They are chaser and gambling isn’t about it.
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It all depends on how you spend it; if you spend more on the right things, you will definitely get a higher return. But if you spend more on the wrong things, what you will get at the end of the day is a huge amount wasted.
Huge amounts of money invested properly in a good business, let's say, for instance, you have a huge amount of money that you want to invest in the stock market or in crypto. Let's take Bitcoin for instance. If I happened to have invested $100 a few days ago when Bitcoin was still at $24,500 and today the price moved to $27,900, that would have given me a profit of $14. But if it was $1000 in which I invested, the profit would not have been $14 but $114, which is simply the spending more and earning more principle.
This also happens in some cases where you could invest more, but at the same time, because of the wrong investment plan, one could possibly lose the entire invested amount.
And if you bought bitcoin for 1000 dollars a few days ago, and the price went not up, but down, then you would not have earned but lost a hundred dollars. The purchase of highly volatile assets has an outcome too unpredictable to be given as an example. Investing in a business can be profitable because you can anticipate costs and expected profits, although this will not guarantee you the expected result, but it will be able to bring you the expected profit. The business opportunity shall be taken when we get more money. That is called as proper spending of money. If we are getting money and spending it on the unwanted stuff for example overdoing the expenses related to dead investments. These could be anything from car, bikes, extra house, games, or anything that’s just going to be damaged or won’t give back money. That kind of investment shall be avoided when we are getting more money. It’s always ideal to invest in real estate rather than putting money on crypto currencies. When it comes to crypto one should only put money which you can afford to lose. That’s how one should manage the funds when they are in excess. |
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I think it’s best you get started right away. I am not sure why you came up with the idea just now because DCA is something you should follow for many months to year. That’s the perfect range period when one can achieve high level of average. I mean you get to see highest and lowest levels during that much period. Just take an example of someone buying bitcoin since 5-6 years. They would have seen bitcoin averaging from as low as 7-10k and thus pulling down the price of their portfolio to lowest possible price. I think it’s best you keep this in mind when do the DCA. Also don’t try on bot or something. Bette go for the logical discussions on your own.
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Have you guys noticed how tiny fiat looks when we talk about the transactions in terms of Bitcoin? Just look at it, the whale transferred 1400 bitcoins into other wallet. It sounds so normal when we consider bitcoin with fiat-less value. I think that also defines how powerful bitcoin is when we count it in terms of lets say dollar, 37 million dollars! Crazy. Weeks back there was a rumor that some Bitcoin whales are intentionally changing their wallet, due to few whales losing their long locked Bitcoin inside a wallet that was never moved, I think it's possible that this whale is just trying to stay secured, when Bitcoin sits in a wallet for long time there is a possibility that your key is about to get compromised, that's on the owners side of thing though, I do like changing wallet every single year too, I move all my funds out into a newly created wallet, same thing might be happening here.
You just made me think about my wallet twice and thrice now. I am not sure how true it could be but hope so such situation do not arise in my case with my pocket money (as compared to these whales, lol). May be hackers try to get into big fishes such as the one mentioned in the OP. Obviously if someone is gonna go for crypto wallet then be it a jumbo life settled amount like millions of dollars. Anyways, but it is good precautious step when it comes to safe guarding your crypto. These days even fake apps to fake emails all are embedded with the phishing links. So definitely stay safe guys. |
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You can also start working with how exactly wallet works and what are different parameters for the same. I have added few reference documents below which are result of few read out on the internet. Not sure how much it will help but if basics are clear then I think anything is possible really. You can get started by creating Node.js app [ Example repository ] Mnemonic Improvement Protocol - Since any wallet would start with the creation of phrases, you will need that function to get started with. Either 12 words or 24 words, that will define whether it is going to be 128 or 256 bits long entropy. Further generations: Learn about secp256k1 elliptic curve for cryptographic computations Ethereum and Bitcoin use the secp256k1 elliptic curve for cryptographic computations. Each account’s public key is derived from a corresponding private key using the Elliptic Curve Digital Signature Algorithm or ECDSA for short. By applying the ECDSA to the private key, we get a 64-byte integer, which is two 32-byte integers that represent X and Y of a point on the secp256k1 elliptic curve, concatenated together. The math behind this algorithm allows software to easily calculate the public key of a given private key, while the reverse process is impossible. One can’t compute the private key of a given public key using ECDSA on the secp256k1 elliptic curve. Learn about Keccak-256 hashing alghorithmTo calculate an address from the public key, we need to apply the Keccak-256 hashing alghorithm to the public key and take the last (least significant) 20 bytes of the result. I might be talking randomness with little learning phase. But here is the article which you should learn in depth to understand how everything runs. They have also given codes for every step above. Repository required: 1. 01_newAccount.js2. 02_restoreWallet.js3. 03_send.js4. package.json5. yarn.lock
References: 1. Add How to Build a Crypto Wallet example 2. How To Build a Crypto Wallet3. Entropy4. Keccak-256 hashing alghorithm5. secp256k1 elliptic curve |
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Well these days the world is tricky.
The same gamers would be making ton of money by streaming their live game plays, their digital world quests and what not. So I’m not sure if above allegations apply to these gamers or not so we need a Corner for these guys.
But on a serious note, yes it’s horribly wrong to see new generation playing and spending hours and hours even days on gaming. The industry is already a billion dollar and creating highly immersive techniques. That is what pulling all the teenagers into this field including the adults too.
This ain’t real future. This is alternate “virtual reality” which can’t pay bills for very long.
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In fact, there are always more and more research about how notes can be improved for better security and visibility of the nations pride. Physical notes ain't going anywhere because they are still widely used. Many places or people are there who would always use the cash as mode of transactions. The more you go from urban to sub urban and down to village areas this trend goes up. Though we can safely say that urbans also use cash when it comes to bigger transactions. Many people still prefer to carry the cash and pay in the shops and malls. Have you ever seen the Walmart lines at the cash till? You can easily do a quick survey how people still carry the cash with them as it gives sense of having enough money or safe money. Also notice that, if you use your credit cards and stuff then you never end up calculating how much money we are spending. So yeah that is also screwed up for many peoples.
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I am not sure if this applicable story everywhere. This seems to be very small thought about the Bitcoin investment. I mean how many people might be there who think this way while making an investment in the Bitcoin. If someone is willing to invest money then they would always come prepare and make their moves. Moreover, I would like to think that if someone is making research about different investments then they would do it only after learning how much money they could invest or willing to spend so that they can be differentiated from the daily expenses. Most of the research based investment are done by keeping in mind about the money we are willing lose on the way. If someone is not having money then I bet they would never think about investing the money.
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A big problem for small traders is Bitcoin's high transaction fees. Because most of the money that small traders invest in Bitcoin is spent on fees. As a result, many small traders have withdrawn from this type of business. When Bitcoin transaction fees were normal, it was very easy to make Bitcoin transactions with very small fees, but recently, due to the increase in transaction fees, this is no longer possible. It is not only a problem for small traders but it is a big problem for all types of traders. Big traders often need to do small transactions at that time but they cannot do small transactions due to extra transaction fees.
I am pretty sure fees are not that high. Obviously if you gonna go to the shop and buy dollar worth stuff then that's different story. Yet you can set the fees and priorities the transaction speeds for bigger ones. As discussed by various fellow member LN is something that we should start learning and adopting all the way through crypto space. There are ways to overcome this, and that is through the lightening network. Though I am just learning about this just now and willing to be a peer for the network it seems perfect solution for the same. May be just the right one and they can get instantaneous transaction with this so no long waits in the que neither waiting of the confirmation or vice versa. I am not sure how this strategy or network can be implemented on the shop keepers desk but for sure it will take lot of infrastructure and support from various organizations that can reach out to that level. |
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There is missing data? That can’t be true. There are hundreds of Website who has similar API running and it wouldn’t be that hard to catch the glitch. As of now there is no fixed time to buy the bitcoin before halving. However there is big logic behind the entry points and that’s DCA. You should have bought the bitcoin way earlier than this price because it was simply discounted and could have kept the price below 27-28k range with the above mentioned method. The trick is to keep buying the bitcoin at lowest price possible and get most out of it once it goes through halving mania. Anyways as we approach it the price will keep rising now. Better get wallets ready to synch with chain soon.
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I say that is a big no. ChatGPT can do magics and yes we have seen that already. But ChatGPT going inside the gambling site doesn’t feel right. I am not saying it can not win the house but what I am saying is, ChatGPT opening those doors is bit unethical. I don’t like that idea and it takes all the fun out of it. Gambling is not just Money Making machine but more than. You have fun with it, you lose, you win, you bet on favourite sports and much more.
Imagine every other person running ChatGPT through the casinos and expecting them to win every game. How would Casino survive through it and how do you think it can make money for them? First thing they will do is shut their door forever. Lolz
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One point I read about hot wallet and how it could get buggy and funds may get stolen, do I need to have antivirus software or something which can block such external access or it's just nothing about that?
You don't really need to worry about that, especially if you follow my guide and run all that software on a fresh, up-to-date Linux system and don't do other things on it (especially risky stuff like plugging in random USB drives found on the street or downloading pirated files). In your full node thread you have mentioned about 4 different software that is Bitcoin Core, ElectRS, C-lightening, Ride the lightening. Putting yourself at my position and thinking I am completely stranger to the set up, which one would you chose to get started with? [ in terms of complexity of set up]
Those are basically all needed. Just install one-by-one following the guide from top to bottom. If you have more questions about it, feel free to post them over there. In case you think they are specific just to your setup / situation, you can also write me direct messages. Great to know that. I am definitlly going to end up in lot of discussion. I already saw that thread and the codes you guys have posted went like tangent over my head.  But why not try it out and see how it goes. And no I am not even plugging any random USB so far on my regular laptop so I am pretty sure that we are good on that front and I don't end up injecting virus over the entire LN chain.  Lot of homework to be done on single and dual funded channels, splicing and channel factories. Yes I think I will have lot of discussion with you once I get started for real. Thanks mate.  |
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The difference need not to be proven since it is visible and logical. Trading is work of facts, real volumes, events, virtual and physical changes in any assets and much more. It is mixture of those things which drives the price of that particular asset. It takes up more than that to decide a future of asset and it’s pricing. While on the other hand gambling is pure luck, house edge status and your decisions while playing. It’s a game with luck and nothing more. You can’t decide if the rocket is going to crash OR whether a slot will give jackpot in the next move. It keeps running and running until the time we don’t quit it. I see no similarities or ways to compare both of them. Not sure how people are calling them gambling ?
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