Bitcoin Forum
June 23, 2024, 01:38:46 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 [126] 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 »
2501  Bitcoin / Bitcoin Technical Support / Re: Pruning Blockchain and creating multi wallets on: May 22, 2022, 01:36:14 PM
If you prune a node, you just deleted old copies of your verified blockchain, they will be deleted from your computer, calling a blocks that have been deleted from your computer will be unavailable except you connect your wallet with another node as an SPV.
If space is not a problem on your machine, there is no point to delete everything your node downloaded and verified. If old transactions are that precious to you, keep those file on your machine.
Another suggestion is that, if you complete initial blockchain download and you have all your wallet history verify, you can prune the node to first day your wallets had it first transaction and delete the rest of the file.
2502  Economy / Services / Re: Trend your token at CMC, Coingecko, Crypto.com, etc on: May 21, 2022, 09:09:34 PM
I reported this hijack but looks like mods are sleeping so I will hijack his thread in return of this.

It is obvious that the guy is trying to offer some service, instead of the user to create his own thread, he decided to spam another thread. If you are waiting for moderators, they might not take action very fast.
Kindly change the thread to self moderation, that way you can easily delete spam comments and any reply you don't wish to see on your thread.
2503  Economy / Economics / Re: Stable coin can solve poverty on: May 21, 2022, 12:15:38 PM
Plan to solve
Create usd or other stablecoin like eur or why not gbp...
And make big airdrop.
So everybody will get nice ammount Smiley
And exchangers will pay apy like 40-50% to hold

Its instant plan to remove poverty you print money

There is something you quite don't understand about algorithm stablecoins like the abracadabra of UST. There were many things that contributed to their decentralized ecosystem then, if we are to assume things ideally, those APY doesn't work the way you think.
If an exchange offer to give an APY of 40%, people with big money say billions and millions will be ready to stake and this will of course boost liquidity for the exchange and they will have cut to pay off the small circle of stakers within the range of hundred to thousand but the moments the big players change their mind, the Ponzi scheme will eventually collapse. Hence, in return for their commitment, the exchange gives some incentive dividends to big players to continue staking their money.
High APY is a scam, stay away from them.
2504  Economy / Economics / Re: CBN to stop circulation of Naira note on: May 21, 2022, 12:00:22 PM
Hey man, look, It is a bull$h*t move! You and I know they wouldn't do anything about paper money.
At first, I thought they were going to withdraw some Naira denominations from circulation because inflation has rendered 5 and 10 Naira note useless in the market, but it was their branded Enaira that they are forcing on people, I have never for onetime tried to download the app on my mobile.
Less than a year before the next election, watch how they will discard all of the things that current administrations have done, it is the Nigerian government's custom to abandon everything whenever there is a change in government.
2505  Economy / Gambling discussion / Re: Any changes experienced within body - Gambling??? on: May 21, 2022, 11:43:39 AM
Sorry! Stomach pain is a very bad thing to experience but don't you think you are in the wrong place for the right answer? Gambling should be something for entertainment, glad you said you don't have fears of doing it back probably you had a rule for play but if things aren't going well, since it is anytime you engage in gambling it does start, please kindly quit gambling for now, it doesn't remove anything from you.
Go and see your doctor please, Bitcointalk is not a hospital that can diagnose you, it may even be possible that your gambling and health imbalance may be a coincidence.
2506  Bitcoin / Bitcoin Discussion / Re: BTC is scarcer than gold. on: May 21, 2022, 11:23:32 AM
I don't think there's any competition going on between Bitcoin and Gold. Gold has been a treasure for thousands of years whereas BTC is not even up to two decades.

I think the focus should be on making Bitcoin as popular and acceptable as Gold because as of today Gold is still miles ahead of Bitcoin in terms of adoption and popularity and many people still don't understand what Bitcoin is all about.

Just the same way some people don't see gold as treasure, same way bitcoin will never be used by some people and countries. Whoever has managed to hold plenty of bitcoin and gold as reserve will shill and continue to do so to their advantage but let us forget the sentiment and hate about the two assets and be realistic for once, bitcoin is way better than gold in any definition, name it, the supply, the durability, the clean energy to mine it. If you see the process gold undergoes to become fully processed and ready to be used, you will hate gold entirely but governments will continue to defend their nonsense.
2507  Bitcoin / Bitcoin Discussion / Re: BTC Holding or Using ? on: May 20, 2022, 10:17:44 PM
Whoever agreed to accept bitcoin as a means of payment is a very smart one at that and knows how useless paper money has become, imagine a seller who has been selling cars and accepting bitcoin since 2015, the person will be having heavyweight of bitcoin on his wallet and not that, the seller has beat inflation 3 fold of the amount the cars were sold.
Now, if the seller decides to buy more cars today, the shop will be full of many vehicles to sell for more bitcoin, this is why you shouldn't use bitcoin to settle things, hold them, don't give it out for liabilities that tomorrow they would have depreciated.
2508  Bitcoin / Bitcoin Discussion / Re: 44 countries will meet in El Salvador to discuss Bitcoin on: May 20, 2022, 09:51:10 PM
By third day of the Meeting representatives from different central banks have gathered in the Bitcoin beach and has shouted bitcoin. Nothing positive as we expected have come out of the meeting. Few central bank representatives have stated it isn't the way to discuss about bitcoin in such an environment. Anyhow soon we'll get to see what has happened out of the meeting.

It could be good news to speculators that they are having a meeting but ideally, it is of no benefit to bitcoiners, just a group of failed traditional banking systems who want to learn what the new model of bitcoin is and how it works. Not as if the representative has the final say to implement bitcoin, if the country still rules for or against the use of bitcoin, all of them there cannot do anything to change that, only the government in power has the power to do it. El Salvador is doing its best to spread crypto adoption and I love the energy and commitment they put into bitcoin. #Hodl.
2509  Economy / Speculation / Re: What is going on??? on: May 20, 2022, 09:30:50 PM
When I purchased early on, the price for a btc was $11,000 . a few months ago, I can recall the price level
was $63,000 . I just knew that it was going to hit the $100,000 mark...Now as of today its $30,180

What is going on???  Also, can anyone predetermine if the btc will reach the $100,000 and is the btc
worth the investment...An educated guess, is acceptable!

An account that was registered in 2016 doesn't have a clue about the history of bitcoin price sounds somehow, if you were lucky to buy bitcoin around $11k, and you observe its price go to $20k and drop down to $3k and still go back to $63k should know that bitcoin as a store of value will reach $100k for sure, just give it some time. Even now, you should be at profit irrespective of the time you bought your sats.
As suggested in previous replies, 1 BTC is BTC, continue to hold and you will understand the precious investment you have done so far, you will get to know that bitcoin is one of the best store of value.
2510  Other / Beginners & Help / Re: [Merit] Hey Newbies! Can You Sign A Message? on: May 20, 2022, 09:43:25 AM
Nice for this performance 👇🤝 it is a whaooo!!! As a beginner.

Wonderful newbie.

Like seriously? Didn't you two see the first page, a link was provided for more guide.
Some of you coming here pasting signed messages and addresses don't know how valuable this is until you have a problem with an account hack and by the time they asked you to prove ownership of the account, that is when you start giving excuses on how you have lost your private keys and seed.
If you've signed a message here, know for sure that you are doing it for reference and future use, not necessary your account may become hacked, you can be accused of anything and by the time you are asked to sign a message from the address you have used here, you should be able to prove it with ease.
2511  Economy / Exchanges / Re: You can now buy bitcoin on telegram messaging app on: May 20, 2022, 09:14:10 AM
I never heard such news that Telegram develop a coin

They made an announcement thread on this forum[1], however, it is no longer active as it once was, it appears that they abandoned it now since they have their own governance forum.
It's good to see an exchange on Telegram because the project idea came as a Telegram fork, but I also believe it's the incorrect platform to develop an exchange that has to do with money. Telegram is one of the most popular platforms for fraudsters, not only in cryptocurrency, anybody can construct a similar bot and alter the username by just a letter, and anyone may become a victim. To some extent, I enjoy that they did not seek KYC, but it is a NO for me. DIscord would have been a better option.



[1] https://bitcointalk.org/index.php?topic=5281292.0
2512  Other / Beginners & Help / Re: My experience with hotaex.net on: May 20, 2022, 08:29:44 AM
I don't know how you were able to be completely convinced by a random person you met online, I guess the person was a female who post all these silly images to entice people(especially men) and right behind the scene is always operated by a full beard man.
By looking at the exchange, they look scammy, the footer of the website doesn't have an office description or any licence, they don't have social handles, not Twitter, even the through the Facebook you claimed you met the person, they don't have any social media platform for customers, a complete red flag.


Source: https://www.whois.com/whois/hotaex.net

The exchange domain was also registered some months ago, everything about this exchange speaks scam, luckily you were able to get back your money, stay away from exchanges that aren't known and stop associating your finances with online friends.
2513  Other / Beginners & Help / Re: What does volatility means with example? on: May 20, 2022, 08:07:44 AM
_snip_

You want something very realistic? Ok
Imagine having kerosene and methane gas in a closed cylinder, open the two at the same time, you will find out that the container carrying methane gas will quickly evaporate, the same analogy happens to cryptocurrency price volatility, it is very fast that's why it is always recommended to used stop loss on your trades as it may be difficult to exit a trade when the market is having a downtrend.
Use last week scenario of the Luna fiasco and the overall crypto market how they fell, it happens very fast that you can easily lose 50% of your position, that's why it is advisable to take caution if you are new to cryptocurrency, however, the reverse is very dope in the sense that bitcoin will help you beat other investment you ever had. It has proven to be and will continue to do so in the long run.
2514  Bitcoin / Bitcoin Discussion / Re: What if Bitcoin Fails ? on: May 19, 2022, 04:34:05 PM
Some comments above are very dissatisfying with how some members have been here for a long period of time, I mean at this stage of bitcoin, do you need more years to define the success of bitcoin? Common! That's the old fashion statement Thomas was using and they have all become bitcoin maxist.
There is this quote from satoshi that says:

Quote
“If you don't believe it or don't get it, I don't have the time to try to convince you, sorry.”

Source:- https://quotefancy.com/quote/1792582/Satoshi-Nakamoto-If-you-don-t-believe-it-or-don-t-get-it-I-don-t-have-the-time-to-try-to

If by 2022 and anyone still doubts the bitcoin journey, there is nothing we can do for them, believe it or continue to save up your paper money until inflation ruins everything about you.
2515  Other / Beginners & Help / Re: Bitcoin Wallet Download: How Do I Get Sending Address and Private Key? on: May 19, 2022, 04:05:08 PM
Thank you very much for your helpful suggestions and links. As a seller, is it good practice to add to the fiat equivalent, sending fee (from Electrum wallet) and trading fee charged by the platform (i.e. fiat equivalent + sending fee + trading fee = fiat received)? By strict privacy, the idea is to avoid any connection with fiat or fiat-related payment system - a clean separation between personal id and the blockchain.

In addition to what NotATether has said, I don't know the platform you intend to sell but the trading fee varies from exchange to exchange, while some are free for the first month, some are negligible and some are way expensive, here https://withdrawalfees.com/coins/bitcoin you can see the withdrawal fees charged by different exchanges, thus, make sure the one you have in mind doesn't request for KYC before you can initiate a withdrawal.
You should utilise an exchange that also has p2pwkh or bech32 address, this allows you to spend little amount on fees, it usually starts with bc1q........
2516  Economy / Gambling discussion / Re: Premier League Prediction Thread 2021/2022 on: May 19, 2022, 11:31:07 AM
statistically, Everton should be able to get full points. but Everton's performance this season has been inconsistent. sometimes they play well with strong teams like Manchester United and Chelsea. but against Watford, they were held to a draw.
Everton has a better chance of winning than Crystal Palace. at least to get 1 winning goal.

Arsenal did the same thing, and they disappointed a lot of people. They defeated Manchester United and Chelsea, but they lost to Tottenham. I don't believe Everton will be brave enough this time because, after losing 4-0 to Crystal Palace just a month ago, what guarantee do they have that they will win this time?
The season is nearly over, the top four have already been determined, and only West Ham and Manchester United wins may result in minor shifts and also in relegation teams.
2517  Economy / Gambling discussion / Re: ⚽UEFA Champions League Discussion Thread -- 2021/22 Final! on: May 19, 2022, 11:07:03 AM

I think, Liverpool coach is seriously working to make sure his players that injured in their last matches are recover to be part of the victory they will achieve from the final.  All Liverpool players are fully prepared to play Real Madrid to achieve the title of the season and to prove to the world that they remain unbeatable in this tournament. In the premier league table, Liverpool still maintaining second position which they are in good position to take over the first position from Manchester city, if Manchester city fail to win their next match.

Insufficient analysis! That is not enough to make Liverpool win the Champions League, the two best teams in the final stage are sometimes difficult to predict, sometimes it's a matter of luck because if we want to compare what Real Madrid has done this season, I think anyone here will agree that they are the one that will take the cup home. They are the one leading Laliga Spain and Liverpool is just in second place while Manchester city is in the first spot. It is even possible that Liverpool that you're rooting for may mistakenly get a red card in the first minute of the game leaving them with no choice but to play under high pressure.  Cheesy
2518  Economy / Gambling discussion / Re: Gambling addiction causing victim to scam his family on: May 19, 2022, 10:37:43 AM
What do you think who was in the wrong ?

Nothing went wrong, the problem is that the guy who defrauded his family is a serial gambler and has lost his sense for money, and Boyle Sports was using their marketing system to deceive him.
To be honest, gambling houses are in business to make a profit, no one wants to lose money, so when one of their players stops playing, they decide to give him a bonus to entice him back. This is a common practice among gambling platforms, but instead of quitting, he appears to prefer gambling to see his family happy.

Just like on my last birthday, several sportsbooks offered me a bonus only to enjoy my day because they noticed I didn't come and play like I used to, I didn't use the bonus, he should have declined the bonus offered.
2519  Economy / Gambling discussion / Re: Your epic fail experience in gambling on: May 19, 2022, 10:15:43 AM
I've never been a fan of online casinos, I'm more used to sportsbooks. However, after I tried blackjack, I realized something that day that Youtube learning is not the same as trying these casino games in person. The money wasn't much, $38, and it was gone in a matter of minutes.
I have this way of losing money to bookmakers, I once have my balance equivalent to $200+ ( not much but it is in local currency  Grin) trying to play virtual betting, it doesn't go down well for me as I lost everything in a single game, I was so naive to listen to my friend advice. I have learned to stay in my lane and my strategy of winning when it comes to gambling.
2520  Other / Beginners & Help / Re: WHY BITCOIN USERS EMBRACE THE THEORETICAL ASPECT TO TECHNICALITY IN [btc] on: May 18, 2022, 09:29:40 PM
I remember the first time I opened a bank account, I was handed a debit card and had to test it with an automated teller machine, I was just standing there right in front of the machine like a teenager sent out to the city for the first time, so what am I saying? Bitcoin is another modern internet currency that many people have never used before, and as a first-time user, you may encounter challenges.
So apart from the options you've listed above, they actually require a techy person to handle them, but if you're a fast learner, I don't see anything stopping you from learning them. If you try to explain the UTXO model to a newbie, they may find it difficult at first, but did you know that your bank account also runs its own model based on the balance model, but banks won't tell you this because they manage things for you, whereas in bitcoin, you manage it your self.
Pages: « 1 ... 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 [126] 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!