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2441  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 17, 2023, 12:41:25 AM
Bitcoin goes up and it comes down, and again it goes up and down, but why it doesn't goes up only? I was positive that the pump could at least take Bitcoin close to $32K in price, but nope it was dumped once again after that pump. There is something going on behind the scenes, and if I'm true regarding those behind the scenes plans then the price of Bitcoin will face another pump once again within a week or so on. However, I'm quite sure that Bitcoin will see another pump of at least 5% or more this month. Let's see what's going to take place.
Zoom out
Ah, I though on the matter and zooming it out I found something special Kiss

I want the zoomed out version to have some more better candles in future probably above $120k in 2024-2025 is my firm belief and I'm sure that it will take place during final quarter of 2024 to first or second quarter of 2025. I wish that the updated zoomed out version of it will be truly a dream come true experience for many people. Let's wait to see that event!

Zoom out does not provide a signal for you to go even further into lala landia.

When someone says zoom out, they are trying to bring you back to reality, and instead, you seem to have gone the other direction... into fantasy landia.



Zoom back in, SamReomo!!!!!!!

Get a grip.



Don't go full tard.


Never go full tard.

Ah, man I got it, and I really got it now. I zoomed out the chart and that's a trader would do. The real intention of zoomed out somehow flew away from my mind. Next time I will be careful for sure, and maybe I will use a different approach of zooming out.

My reaction on my own response:

2442  Other / Meta / Re: Getting comments on my new YouTube videos on: July 16, 2023, 11:58:07 AM
As I have already posted, I'm in the throes of creating a new YouTube channel, and I want to include a variety of topics in this. Amongst others, this will include general basic education on Bitcoin, and also guidance and experiences of running a full node in a campervan. I'm so far way from conventional attitudes and beliefs, that I would appreciate some help from you guys. I can't even decide if I should shave off my beard for example. Obviously I want to appeal to as wide an audience as possible, but then I'm not prepared to compromise my beliefs and attitudes.
I've started this thread in Meta, as I'm not sure which board to use to solicit opinions. My thoughts are that Bitcoin specific videos should go on the discussion board, but I need to make some general videios first, and I thouugh I might open those on the serious discussion board. Do you think this is the best approach?

Well, I think you are doing a great job to educate others with such an amazing YouTube channel, and I will definitely subscribe to your channel without any doubt. I always thought that there should be a channel specific to Bitcoin from someone who has enough knowledge about it, and I truly believe that you're among those people who understand a lot about Bitcoin and that's why you can educate others very well about Bitcoin without any doubt.

Regarding help, it would be a pleasure for me to help you in any way I possibly can. And, it's the first step because in start of a channel we always feel some kind of fear, but after 1-4 successful video then we get used to it. I'm not sure about others, but I'm ready to help such channel launch and grow because such channel will be a really nice source of information for many users who want to learn about Bitcoin. I must say that you should take the first step, and after that things will be very normal and easy for you.

2443  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin leave to be decentralized on: July 16, 2023, 11:47:56 AM
From my theory of understanding bitcoin as a cryptocurrency I have view bitcoin in different ways and i understand that Bitcoin what kept Bitcoin valuable is because it's a decentralized currency, for instant assuming bitcoin was centralized the domain of the technology would have be affected or tempered. But I'm seeing that the Force of Bitcoin today to stand is because is a decentralized currency.

Your theory of understanding is correct, and that's a reality that people are mostly into Bitcoin because of its decentralized nature and even Satoshi went to stealth mode only to make Bitcoin 100% decentralized and free from any kind of interference from anybody. Even in 2023 no one is able to have any control over Bitcoin because it's free and open-source, and the miners are the ones who are giving their electricity to the process of mining and completion of blocks in the blockchain.

The growth of Bitcoin as a digital currency is mainly because of its decentralized model and that's why it's gaining growth in value and the amount of investors. No body is able to stop the growth of Bitcoin because it can be used by anyone without any interference if it's used in its decentralized way, however if someone is using it via a centralized exchanges then things are different for that approach. I think you should read more about Bitcoin because you seems to be a person who wants to learn about this technology in depth.

2444  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 16, 2023, 08:32:49 AM
Bitcoin goes up and it comes down, and again it goes up and down, but why it doesn't goes up only? I was positive that the pump could at least take Bitcoin close to $32K in price, but nope it was dumped once again after that pump. There is something going on behind the scenes, and if I'm true regarding those behind the scenes plans then the price of Bitcoin will face another pump once again within a week or so on. However, I'm quite sure that Bitcoin will see another pump of at least 5% or more this month. Let's see what's going to take place.

 Zoom out

Ah, I though on the matter and zooming it out I found something special Kiss



I want the zoomed out version to have some more better candles in future probably above $120k in 2024-2025 is my firm belief and I'm sure that it will take place during final quarter of 2024 to first or second quarter of 2025. I wish that the updated zoomed out version of it will be truly a dream come true experience for many people. Let's wait to see that event!
2445  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: July 16, 2023, 07:45:27 AM
...

Well, the latest rumor, Bayern's Uli Hoeness : "Harry Kane has signaled very clearly that his decision has been made". If he keeps his promise, we will contact him. Spurs have to give up, we have to get Levy's asking price, as Romano quoted.
that means, the Bayern and Kane agreements have been established and it remains only to make an agreement with Tottenham for Kane. and considering some of the previous rumours, it seems likely that Bayern will sell several players including Mane and Sommer.  interesting, let's just wait for the transfer saga for Harry Kane.

Yeah I have also wrote about Kane's most recent situation under another subject. Kane is really keen on joining Bayern Munich seemingly. It is all up to Levy's dropping this attitude and taking a step forward for this deal. I don't think keeping Kane or signing another decent striker would change much thing for Tottenham. They can't win titles already now.

At least Levy can ease things for Kane to have his last years of his career with championships. This is too selfish of him but of course this is an industry from now on.

I also think that the guy Daniel Levy is totally out of his mind because for his own selfish desires he's causing trouble for the career of Harry Kane. Kane is a good striker and if he joins up the club of Bayern Munich then his career will grow with that club without any doubt. Despite knowing all these Levy is still not accepting the offer of the Bayern Munich for transfer of Kane, and that's disgusting and selfish step from a chairman like Levy.

I'm quite sure that Bayern Munich is a better club for a striker like Kane and he can show his skills far better in that club instead of Tottenham, we already know that they can't change their style to be accepted one of the leading clubs, and they are still stopping such players from gaining some respect in the field. The Tottenham is getting good offers for the player from Bayern Munich, and I believe that they should accept the offer and allow Kane to show his skills in the league.
2446  Economy / Reputation / Re: AI Spam Report Reference Thread on: July 16, 2023, 06:59:25 AM
I found another member who has been posting AI content on the forum without even caring that such thing is a spam on the forum.

Username: 2PIC_CT

Post #1



Thank you for your insights. Natural air cooling and well-ventilated locations can indeed be cost-effective solutions for small-scale or home-based mining operations. However, when it comes to larger-scale operations, especially in hot climates, air cooling can become less efficient and more challenging.

I have extensive experience running a mining farm in Dubai, where temperatures can reach up to 50 degrees Celsius in the summer. In such conditions, air cooling is not sufficient to prevent overheating, and the cost of air conditioning can be prohibitively high.

That's why I developed the CoolTank, a 2-phase immersion cooling system specifically designed for these challenging environments. It allows for a 40% overclock, significantly boosting mining profitability, and it's adaptable to a wide range of environments.

While the initial setup cost for an immersion cooling system can be higher than for an air-cooled system, the increased mining output and the savings on cooling costs can make it a worthwhile investment in the long run.


copyleaks 81% probability for AI
hivemoderation 99.9% likely to contain AI Generated Text

Post #2



Thank you for your input, NotFuzzyWarm. You're absolutely right that overclocking doesn't increase the THs/J efficiency. However, in the rapidly evolving world of cryptocurrency mining, the lifespan of a miner is typically 2-3 years before newer, more efficient models hit the market.

In this context, the goal of many miners isn't necessarily to maximize THs/J efficiency, but rather to maximize the total output (THs) of their miners within their effective lifespan. This is where our CoolTank technology comes into play. By allowing a 40% overclock, we enable miners to significantly boost their total output, thereby increasing their mining profitability before their miners become outdated.

Of course, this approach may not be suitable for everyone, and it's always important for each miner to consider their own specific circumstances and objectives. But for those looking to maximize their short-term returns, our CoolTank technology offers a compelling solution.

copyleaks 99.9% probability for AI
hivemoderation 99.9% likely to contain AI Generated Text

Post #3


Hello!

I'd like to introduce you to an innovative project that's transforming the landscape of cryptocurrency mining - The CoolTank Project. We're pioneering advanced immersion cooling technology for optimal mining operations. Our flagship product, the CoolTank 75KW, offers unparalleled performance and reliability, significantly boosting mining profitability.

We've designed the CoolTank to effectively cool overclocked ASIC hashing boards and adapt to a wide range of environments. Our technology allows for a 40% overclock, leading to a substantial increase in mining profits.

We're currently hosting a crowdfunding event to build our pilot sample of the CoolTank 75KW. The most generous contributor will receive the pilot sample once testing is complete.


copyleaks 80% probability for AI
hivemoderation 99.9% likely to contain AI Generated Text

It's my 3rd report on this thread and I'm feeling happy after creating those valid reports. However, in my 2nd report I was able to find 2 posts of the user which were having AI content, but still I reported that because it would at least give us an idea that the user is using AI tools for creating the posts. Thanks a lot to @nutildah for creating this amazing thread because now those people who are addicted to use AI for text generation are going to get punished for their behavior, and I'm quite sure that this thread will be very valuable for managers like Royse777, Hhampuz, Icopress, BoXXoB, Trofo, yahoo62278, and other reputed managers who are strictly against AI generated posts and they won't accept the users in their campaigns which are creating the posts with the help of those AI text creation tools.

I'm quite sure that I will try my best to contribute as much as I possibly can to help nutildah and every other reputed members of the forum in prevention of AI created posts by reporting those posts in this thread. It will be a pleasure for me to do something for the forum with such contributions. Thanks once again for the thread, and I hope that my this report is also okay in its format.
2447  Bitcoin / Bitcoin Discussion / Re: Storing Private Keys with Colors, how safe is this? on: July 16, 2023, 06:22:13 AM
Nah, you should never do that because changing the way of your seed words won't be a good thing and if you are doing it with an online tool then you are easily giving your private key to the owners of that site because they can save your private keys and if they ever get access to your wallet address then they or some hackers that can grab the database of the site can easily access your wallet and transfer funds from it. It's always better to keep your private key secret and never let it lie on a system that is connect to internet, and you should never share it on internet not even for fun.

The changing of your seed words into colors doesn't make sense to me and that's why I recommend you to avoid such useless thing because if an hacker is also aware of the method then they can easily decrypt your colors based seed words to their original form and empty your account funds as soon as they get access to it.


The best and most safe path for your wallet safety is to write the private key using a pc that isn't connected to internet and it should also lack all those hardware that can make it possible to connect internet. You should also keep in your mind that the storage device you are using to store your text file would never be able to entered into a pc that's connected to internet, and that way no body will ever be able to hack or access your private key.
2448  Other / Meta / Re: Metaverse role model on: July 16, 2023, 04:56:02 AM
When I was watching some metaverse samples for the roobet challenge I found that bitcointalk is actually the role model for the best metaverse.

Here we have everything.. discussions, mining, pools, services, auctions and more!

I mean the best project for bitcointalk.org could be it's own metaverse as the concept is there already. I saw a comment for OgNasty from a year or two ago showing interest in metaverse.. so what is up  Tongue

Will it happen one day integrating this website into a metaverse.. and if someone do it himself will @theymos be against that or fill a copyright claim

Thanks!

The Bitcointalk is a community of members who are interested in Bitcoin and crypto-currencies, and it has nothing to do with any kind of metaverse. The metaverse is still not a complete concept and there has been little to no work on it other than selling those heavily priced devices to grab money out of the pockets of the ones who get attracted by the concept. I would say that real metaverse is still a fiction and there has been no real life work to show that how it will look like other than some illustrations in the form of digital art or some animations which are basically similar to old style 3d animations.

I don't think that @theymos or anyone else would like to see this amazing forum in any other form than the way it is. The current style of the forum is still the most unique and the simplest way for the users to use the forum and interact with each other and there is no such need to create a separate fiction based version of the forum that won't be as appealing as it is imagined to be. So, in my opinion this forum is in its best state and no change is necessary to destroy the purpose of this amazing forum.
2449  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 15, 2023, 07:02:22 PM
Bitcoin goes up and it comes down, and again it goes up and down, but why it doesn't goes up only? I was positive that the pump could at least take Bitcoin close to $32K in price, but nope it was dumped once again after that pump. There is something going on behind the scenes, and if I'm true regarding those behind the scenes plans then the price of Bitcoin will face another pump once again within a week or so on. However, I'm quite sure that Bitcoin will see another pump of at least 5% or more this month. Let's see what's going to take place.
2450  Economy / Services / Re: Roobet.com | Art contest "Casino Rooyale" | $2500 up for grabs! Ends August 1st on: July 15, 2023, 06:48:30 PM
Reserved
2451  Economy / Gambling discussion / Re: This is not Practical on: July 15, 2023, 06:46:02 PM
I have heard the advice that you should only use money you can afford to lose for gambling. I say that this is more theoretical than practical.

No, this advice is practical because it clearly says that one should only use the amount of money in gambling which doesn't impact his/her life in any way possible. For example someone who earns $1000 dollars per month if uses $10 for gambling then even with a loss the person still won't be affected in any adverse way, on the other hand if someone who earns $1000 per months and spends $500 for gambling then his/her life will be affected in the worse way if they lose that amount of money.

In the later case use person would hardly be able to meet his/her expenses of the month while in the first case the person won't be affected at all and he/she can still enjoy the month despite losing the money in gambling because $10 is a very small amount for someone who earns $1000 per month while $500 if 50% of the money of someone who earns $1000 per month and that's why the ones who losses $500 in a bet would hardly be able to fulfill the needs of the month and he/she has to borrow money from others in order to fulfill their needs of that particular month.
2452  Economy / Gambling discussion / Re: Can Chat GTP destroy poker on-line gambling??? on: July 15, 2023, 05:04:49 PM
People are slowly starting to rely heavily on technology. In the coming days, this human-made AI will help him in almost every level. But we may all agree that since humans created AI, no AI can surpass its intelligence. If there is a competition, it must be between AI and AI. With the passage of time, AI has undergone major changes. What we have to accept is that no matter how powerful AI is, it is controlled by humans. Moreover, this AI is also made differently for the benefit of different tasks of people. As people's thinking power is developing, technology is also improving. Many of the imaginary scenes we see in movies today will be implemented by AI in the future.
Yes, that will happen in the future because, with the development of AI, it can help almost all human needs and work. It is only a matter of time until AI technology can reach the stage humans desire so that AI can assist human activities in various aspects. But I think that in the future, this AI will be able to run independently without being controlled by humans so that artificial intelligence can develop simultaneously. I'm just a little worried that AI can have its own will later, like what we see in these fictional films, because AI might colonize humans.
Artificial intelligence has no will of its own, it only performs tasks and makes decisions based on its code. I think that artificial intelligence cannot have its own will because it is limited by a code that is designed and controlled by humans, it has no consciousness or emotion like humans.

It's true that Artificial Intelligence has no will of its own, but the programmer codes it in a way that it gets its own neurons in the form of code. The AI is also a piece of software, but over time its tries like humans and learns many patterns of a game or any other task, and if the programmer has implemented reinforce learning into it then it will also learn the things by rewarding or punishing itself. In that sense it learns the things better than most humans, and another best thing about it is that it doesn't take a lot of time to recreate that responses which it has learned.

Although, all of the AI software is limited by code, but it still learns way more things then the code allows it. It learns from datasets or real-time learning with the help of training that takes some time for completion. It's a useful thing, but if someone misuses it then it could lead to spamming and many other negative things.
2453  Economy / Gambling / Re: No bet is a waste on: July 15, 2023, 10:45:57 AM
There's a saying that where there's no risk there's no reward, and betting involves taking risks to predict the out come of an upcoming event, which I think shouldn't be considered a waste, because in the world of gambling it either you win or loss, for instance no one knows the future it's either there are speculations or people predict about it so if there predictions didn't come out through does that mean It should be considered a waste? The answer is No.

 In the world of gambling where there's betting and predictions involved everyone opion is valid and you're allowed to be either for or against a particular outcome and the whether outcomes are good or bad you're a accountable for it, but that shouldn't be considered a waste because you know the risk involved in it before taking actions, moreover nobody is %100 perfect you win and loss in betting and also learn from your lose as well

Betting and predictions may be part of gambling or other forms of entertainment. Some people may take pleasure in predicting outcomes or taking risks. For some people it may be the way to possible winnings and profits.
Everyone has their own approach to risk, but it is important to set limits and control their actions to minimize potential negative impacts.

Yeah, betting and its predictions is always the part of gambling and it would always be a valuable option for the gamblers because they enjoy betting and that's why it's the best form of entertainment for them. However, overdoing anything isn't good for someone's health and if a gambler does unconscious betting just for the sake of entertainment then he/she has to face losses during those bets.

Of course,  good bets are always rewarding in the form of profits while the bad bets will make someone to lose money without any doubt. It depends on the mind of the gamblers as well as on their luck because careful and lucky gambler often tend to win a lot of money in gambling while the unlucky ones are known to lose most of the bet because of their luck only.

It's always advisable to minimize the risk of losing huge sums of money in gambling, and in that situation the best option for such gamblers is to have a daily limit on the number of bets. A user who limits his/her bets to 2 to 4 bets per day would be considered a good gambler then the ones who does more than 50 bets a day.
2454  Economy / Gambling discussion / Re: You must do this if you want to QUIT or NOT on: July 15, 2023, 10:35:29 AM
The biggest factor that op failed to mention is willpower. If you are someone with strong willpower, you will definitely overcome gambling addiction no matter what based on my research.

However, if you are someone with weak willpower, it will be very, very difficult to overcome such addictions though it isn't impossible or anything.

The will power is truly an important factor in continuing to letting go of an addiction, but still those people who in spite of having enough will power won't be able to let go of he gambling addiction because they are somehow wired in a way that gambling is the only possible entertainment in their lives. The people who play online multiplayer games often have same levels of addictions like those gamblers and they are also not able to give up on their gameplays even if their will power is strong.

I think your relations matter more than your will power to let go of an addiction. If someone that you truly love in your life makes you emotional in a way that his/her words touch the inner core of your heart which really makes you feel that you're not doing a good thing, and because of that your loved one is getting hurt. Only that emotion can stop some addict to give up on the addiction otherwise, addicted people will never let go of their addictions.
2455  Economy / Gambling / Re: Top 5 Advantages of Bitcoin Casinos vs. Traditional Casinos on: July 15, 2023, 10:28:03 AM
Advantage of playing in bitcoin casino is also that you are sure of no third party interference in your transfers, all you need is the address of the casino but traditional casinos sometimes you could recheck why your deposit is not credited because of that level of human involvement. Some traditional casinos agent are so lazy that they may forget to credit you after you have made deposit to them. You have to go there at times to remind them if you have not seen the deposit alert and sometimes it takes days to rectify some payment if there are payment reflection issues.
There are many advantages in terms of bitcoin and a casino that has to do with bitcoin, and the best thing is that you can have some privacy if the casino allows it, KYC is a subject that also gives a lot to talk about, the bad This is why when bitcoin has very sudden changes, such as it goes up a lot, things get ugly when it comes to withdrawing because I imagine that these casinos are not going to assume the fees, and players like to withdraw with almost 100% of their money, not that they are take away from what you have won, because I have seen that some players complain a lot because they make the minimum to withdraw, but because of the fee they play a little more and sometimes they lose everything.
I don't see why casinos are to be blamed for that, a gambler who also knows about Bitcoin and cryptocurrencies should also understand that they need to pay fees if they want to make a transaction because the transaction has to be confirmed and that is done by machines run by people and they need payment too, so expecting they can withdraw the minimum amount required without having to pay any fees is out of my mind, to be honest.

One should either not gamble with Bitcoin or if they do, they should understand that they will have to pay the fees and if the price of Bitcoin goes up, the fees might look higher for them but they are compelled to pay it because the platform won't pay the transaction fees for their winnings.

That's true it's the choice of the gambler to Bitcoin if he/she wants to gamble without any worries as we all know that Bitcoin is the safest payment option that any casino offers. A transactions has to be added by miners in a block and that's why it's necessary to pay those fees during the time of withdrawal, and I'm quite sure that each safe payment requires some kind of fees so there is nothing wrong with those fees if privacy is your main concern.

It's always preferable to go with Bitcoin if you value the decentralization and the privacy the most. However, one can also go with other payment options if they are not so much in decentralization and they doesn't really care much about their privacy. The platforms doesn't have their own payment systems and that's why the user has to pay the fees of transactions. If someone choses another payment option then still the user has to pay the fees of the transaction.
2456  Economy / Reputation / Re: AI Spam Report Reference Thread on: July 14, 2023, 08:06:53 PM
I found another member who has been posting AI content on the forum without even caring that such thing is a spam on the forum.

Username: Sinzu_

Post #1

In the world of cryptocurrencies, Bitcoin stands as a pioneer, revolutionizing the way we perceive and transact with digital assets. Bitcoin addresses, typically composed of random characters, serve as identifiers for sending and receiving funds. However, the advent of vanity Bitcoin address generators has allowed users to create customized addresses that align with their personal or brand identity. This article explores the process, benefits, security considerations, and practical applications of vanity Bitcoin addresses.

1. Vanity Bitcoin Address Generation Process:
To generate a vanity Bitcoin address, a computationally intensive process called brute-forcing is employed. This involves systematically searching for addresses that match a desired pattern. The complexity of the pattern or the desired word determines the time and computational resources required to find a matching address. While the process is resource-intensive, it ensures the uniqueness and functionality of the resulting vanity addresses.

2. Purpose and Benefits of Vanity Bitcoin Addresses:
2.1 Personalization:
Vanity Bitcoin addresses allow individuals to personalize their transactions by incorporating specific patterns or words that hold personal significance. For example, one could create an address that contains their name, birthdate, or a meaningful word, making it easier to remember and associate with their identity.

2.2 Branding and Marketing:
Businesses can leverage vanity addresses as a powerful branding tool. By incorporating their brand name or relevant keywords into the address, companies enhance recognition and reinforce their brand image. Vanity addresses can be utilized in marketing campaigns, website URLs, or social media profiles, thereby increasing user engagement and trust.

2.3 Memorability:
The human mind is more inclined to remember words or patterns that hold personal significance. Vanity addresses capitalize on this aspect by providing users with addresses that are easier to recall and share accurately, reducing the risk of errors in transactions.

3. Security and Privacy Considerations:

3.1 Address Generation Trustworthiness:
It is crucial to exercise caution when selecting a vanity address generator. Users should rely on reputable and trusted software to generate their vanity addresses. This mitigates the risk of falling victim to scams or compromising the security of their Bitcoin funds.

3.2 Private Key Management:
Regardless of the type of Bitcoin address used, proper private key management is essential. Vanity addresses do not offer additional security or privacy benefits over regular addresses. Users must follow best practices for securing their private keys and employ reputable wallet software to safeguard their funds.

3.3 Public Perception:
While vanity addresses themselves do not pose inherent security risks, public perception may vary. Some may perceive vanity addresses as potentially more vulnerable to attacks or targeting by malicious actors. It is essential to educate users about the underlying security principles and dispel any misconceptions associated with vanity addresses.

4. Practical Use Cases:

4.1 Personal Use:
Individuals can benefit from vanity addresses by creating addresses that resonate with their personal identity. This could include addresses containing their name, nickname, or any word of significance to them. Vanity addresses enhance personalization and can be used for personal transactions or sharing funds with friends and family.

4.2 Business Applications:
Businesses can leverage vanity addresses in various ways. They can create addresses specifically for receiving donations, which can be prominently displayed on websites or in fundraising campaigns. Vanity addresses can also be used to promote specific products or services, enhancing brand recognition and establishing trust among customers.

Vanity Addresses vs. Regular Bitcoin Addresses:
Vanity addresses and regular addresses share the same functionality within the Bitcoin network. The primary difference lies in the generation process and the personalized nature of vanity addresses. Generating a vanity address is more computationally intensive due to the need to search for specific patterns or words. However, both types of addresses require secure private key management to ensure the safety of funds.


Vanity Bitcoin address generators offer individuals and businesses the opportunity to personalize their Bitcoin addresses, aligning them with personal or brand identity. They provide a means to enhance recognition, brand image, and memorability. However, it is crucial to exercise caution, follow best security practices, and rely on reputable address generators to ensure the safety and integrity of Bitcoin funds. Vanity addresses are a creative and engaging way to interact with the world of cryptocurrencies while maintaining the security principles underlying Bitcoin transactions.


copyleaks 80% probability for AI
hivemoderation 99.9% likely to contain AI Generated Text

Post #2

Thank you for sharing your experience and concerns related to vanity Bitcoin addresses and the potential risks associated with address poisoning scams. It is indeed important to be aware of such malicious activities and take precautions to safeguard against them.

Address poisoning scams, where scammers create addresses that resemble legitimate ones by having the same first and last few characters, can be deceiving. Users may inadvertently select the scammer's wallet when relying solely on the first and last characters of an address without carefully verifying the entire address.

I appreciate your suggestion regarding the inclusion of pictorial representations and understand that visual aids can be helpful, particularly for newcomers. I will certainly take your feedback into consideration for future improvements in providing visual support wherever possible. It is important to continue sharing information about the risks and benefits of vanity addresses to educate and protect users within the Bitcoin community.

copyleaks 79.9% probability for AI
hivemoderation 99.9% likely to contain AI Generated Text


Post #3



Pros of Vanity Bitcoin Addresses:

Personalization: Vanity addresses allow users to add a touch of personalization to their Bitcoin transactions. By including a custom phrase or pattern, users can create a unique identifier for themselves or their business.

Branding: Vanity addresses can be an effective branding tool for individuals or organizations. By incorporating a company name or slogan into the Bitcoin address, users can reinforce their brand identity in the digital realm.

Recognition and Memorability: A vanity Bitcoin address with a catchy phrase or recognizable pattern can be more memorable for recipients. This can enhance user engagement and facilitate easier identification of incoming transactions.

Cons of Vanity Bitcoin Addresses:

Time and Resources: Generating a vanity Bitcoin address is a computationally intensive process that requires substantial computing power and time. The more complex the desired pattern, the longer it takes to generate the address. This process can be resource-consuming and may deter some users.

Privacy Concerns: Vanity addresses, by their nature, can reveal a portion of the private key during the generation process. This could potentially expose users to security risks if the process is not handled properly. Caution must be exercised to ensure the private key is adequately protected.

Is Having a Vanity Bitcoin Address a Good Idea?

The answer to this question ultimately depends on an individual's preferences, priorities, and risk appetite. While vanity Bitcoin addresses offer personalization and branding benefits, they come with potential privacy and resource consumption drawbacks. Users must carefully weigh these factors before deciding whether having a vanity address aligns with their goals.

Setting up a vanity Bitcoin address can be an intriguing endeavor, enabling users to personalize their cryptocurrency transactions and enhance brand recognition. However, it is crucial to consider the potential privacy concerns and resource consumption associated with this practice. As with any decision related to cryptocurrencies, thorough research and understanding of the risks involved are essential. Whether having a vanity Bitcoin address is a good idea or not remains a subjective choice, influenced by individual priorities and the value placed on personalization.


copyleaks 74.3% probability for AI
hivemoderation 99.9% likely to contain AI Generated Text

Edited: The user finally posted another thread which was also mostly generated with a AI text tool, and it's now confirmed that the user is doing AI spamming on the forum without any worries.
2457  Bitcoin / Bitcoin Discussion / Re: Bitcoin is done! Now this is what we are left with! on: July 14, 2023, 06:40:40 PM
This thought came to my mind today.

What if there's this news that says "Bitcoin mining is over. All the Bitcoin has been mined and all the leftovers are burned. We are left with what we have in our hand"?

I know Bitcoin mining will be over one day. Many sources say that it will be over in the year 2140. So let's just imagine ourselves at that point in time and discuss how the situation will play out. That's why I am saying that it may happen today. How this will impact the whole crypto world?

  • Will we be able to see stability in Bitcoin prices? Or price dump? how will this play out?
  • Positive impact or negative impact?
  • Will people still be interested in Bitcoin?

I can not shake off this curiosity in my mind. So let's talk about that. Tell me your thoughts. What this event is going to do to the crypto world.

First of all that thing is not going to happen in our life because most of us will already be dead by 2140 because no body is yet known to live over 120+ years and that's why I think almost all of us will be resting in peace before 2140. However, if we just want to make a scenario to predict that what's going to happen if that day happens in the life of our grand-children then still that's not possible because things will be very different in 2140's, and who knows that humans will still be using this finance system or they will have moved even beyond quantum computing.

Let's still make a prediction for curiosity only, I believe that if all bitcoins are minded then things will be different in crypto market. In that time the price of a single Bitcoin would be over $10 million in value, and anyone who holds a Bitcoin would be among the richest people of the time. The value of $10 million will be of this day, and not of the time where the value of fiat would go so down that $10 would not be sufficient to buy the good that it can but now.

There won't be any miners, and that's why everyone would be able to send and receive bitcoins without any issues. There won't be any mining fees for the transactions and that's why anyone could be able to send/receive bitcoins without any  delay issues. There is a chance that the miners will live with the transaction fees because they won't be able to mine any more blocks or bitcoins. However, if the mining fee is gone then the fees of transactions could be somewhat higher than today's rates. Other than that nothing will be changed in the ecosystem of Bitcoin, and anybody would be able to use it like today's time.
2458  Other / Meta / Re: [BAN APPEAL] UID: 1047338 / 2221175 on: July 14, 2023, 06:25:59 PM
But however, is there any rule that says having multiple account prohibited in this forum?
This isn't a question about the right to have multiple accounts or not. Owning alt accounts isn't against any forum rules.
This case is about a person who had one of their forum accounts banned. A ban doesn't apply to just one account, it applies to the person operating it. That means if one of your accounts gets banned, then all of them are banned because you (the person using the accounts) are banned.

Yes, that's the correct explanation of a ban which isn't even a matter of multiple accounts. There are users on the forum having multiple account and none of them is having any issue with multiple accounts. For example of the most respectable members LoyceV is having an alt account with the name LoyceMobile, and he's using the accounts without any issue because he isn't doing anything that's against the forum rules.

There is no rule which prohibits using of alternative accounts and a user can create and use as many alt-accounts as he/she possibly can. However, if any of the accounts is banned due to rule breaking or any other activity which is strongly prohibited and disliked in this forum, then all of the accounts should stop posting on the forum unless the users creates a ban appeal and the administrators accept that appeal. If a user is still operating any of those accounts even if his/her one account is banned then the person is basically ban evading, and that's not a good act at all.

In this case the HedgeFX's alt-account P2Pfinder was banned from forum, however despite the ban the user was still using the other account without creating a ban appeal for his banned account. In this case we can also conclude that the user was somehow evading the ban. However, I have seen this user posting many good and helpful posts on the forum, and he was using the forum as a good member. He was very active in lending board and he has taken many loans from lenders and repaid with interest on time.

That's why I think a user like HedgeFX deserves a chance, like @1miausaod there are many users which have been reported for plagiarism and some of them are still using the forum without any issues. I think anyone who has been using the forum in a good manner and is helping members of the forum with his/her knowledge should be given a chance after a ban. However, the final decision is always in the hands of the administrators, and if they give this user a chance then he will be able to use the forum once again without any issue, but if they condemned the user then that's also their decision.
2459  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 14, 2023, 03:14:37 PM
~snip~
The day isn't far when we will be seeing Bitcoin price above $40k or even above $50k, and those who are holding their Bitcoin will finally is rewarded for their patience. I love Bitcoin because it doesn't pumps like other shit-coins, and that's why it's far more safer than those shitty-coins.

Finally rewarded? I've been rewarded every day since 2014 when I got my first satoshi Wink

It's great to hear buddy! But, I was pointing towards those users who have been holding Bitcoin since the previous all time high accumulation. However, I'm very happy to hear that you are getting rewarded since 2014, and I'm quite sure that you, me, and others who have Bitcoin will always get rewarded till after last breath.  


Right...plus, instead of thinking of what bitcoin can do for you, think of what you can do for bitcoin.


Oh man, that's what I was thinking. Bitcoin has done a lot for us and we all should do at least something for Bitcoin either in form of promoting its awareness in our communities or by contributing to the developers who are doing their best to make Bitcoin running without any issues.
2460  Bitcoin / Bitcoin Discussion / Re: Former Celsius CEO Alex Mashinsky reportedly arrested on: July 14, 2023, 02:57:04 PM

Unlike these guys, CZ is not a criminal.

LOL you must be joking. In crypto, like many industries, you're only a criminal if you get caught.
Well, good you said it yourself, "you are only a criminal if you get caught", so let's wait until CZ get caught before we declare him a criminal, for now, he is just like any of us, a crypto enthusiasts doing his part in promoting the industry as well as adoption through his chains of crypto focused businesses..

Like it or not, crypto through binance (CZ) have helped hundreds of people, if not thousands, make their first ever million dollars, and still, the man and the company still going strong, though not without challenges, which is a normal thing for any business that has become big with customers worldwide.

I agree with your statements, the CZ is not yet been proven guilty for his wrongdoings and all those allegations are useless if they can't show the true evidence that could prove that CZ has really done those fishy activities. The platform basically the Binance exchange has been helping a lot of crypto users, and even newbies can use that exchange whiteout any difficulty. 

I will not say that Binance is behind the growth of Bitcoin, but we still can't underestimate the role it has played for the crypto world. I'm not really sure that all those allegations against CZ are right or not, but I also believe that the guy is a Bitcoin enthusiast and a very sharp minded business man. I'm not going to favor him in anyway, but I can surely say that the Binance is a pretty useful platform for many users as of now.

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