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2581  Other / Meta / Re: Save your nice merit records here - LAST UPDATE: 06/11/2021 on: December 09, 2021, 10:03:37 AM
One of the best paying signature campaign on forum has also managed to reach the Angel Number 777 with Hero rank on the forum :



Thought of sharing this with you all as they have gone to 790 merits now but i have saved it earlier so now sharing the same with you all on the event they have completed 100 weeks successfully running the signature campaign on the forum and still continuing.So best wishes to them.
2582  Economy / Gambling / Re: Rollbit.com | Crypto's Most Rewarding Casino 👑 on: December 09, 2021, 09:48:25 AM
Here is something new on Rollbit which is good move on their part :

Quote
In a new series of blog posts, we'll be diving into the top NFT projects🔍

Read the 1st article in this series to learn about
@LazyLionsNFT
🦁 & their potential!

https://blog.rollbit.com/nfts-in-focus-lazy-lions/

Should we pick up more Lazy Lions to make them available as Rollbox prizes? Let us know!👇

Rollbit blog posts about LazyLions

They are seriously progressing towards NFT hype deep diving onto other projects also to combine their usage on Rollbit and it's fun for gamblers and the community as a whole.
2583  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 09, 2021, 08:20:11 AM
This is how China and other countries who plans to ban bitcoin to stop it from progressing exactly works:





The Chartbuddy now has red/green symbolic sandwich Avatar setup which needs to filled up with some green lettuce even more to make it worth $50k above as it's already been in the process and the he will make it more expensive beleive him Grin
2584  Economy / Gambling / Re: Roobet.com | Crypto’s Fastest Growing Casino 🦘 on: December 09, 2021, 08:16:14 AM
Right that scope is not limited to only roobet to have big chance of winning and we can be lucky somewhere else but the main point of concern is motivation to small players to keep up the gambling in fun manner.
I think 99% of all casino players are "small gambler" anyway with very little monthly bet. Of course, there are whales with several hundred Bitcoin in their wallet on every casino, but that is very rare.
Basically, it does not matter whether someone has a high stack or not. The chance of winning is the same for everyone. Probably even someone who bets $10 is much happier about a 99x than someone who bets $10,000. In order to do the latter, money must already be considered as play money for this person.

That's true as highlighted in your post but sometimes small gamblers loose hope seeing big whales cashing out huge profits which is wrong as your sma bet could also bring you fortune if you are lucky like in the post i shared above.The big whales are gambling million of dollars and you will find them on all casinos even if the percentage is low but we need to play according to our own budgets and enjoy the same and we could also be lucky someday.
2585  Bitcoin / Bitcoin Discussion / Re: Reasons why I prefer Bitcoin over any other assets and dips don't panic me.... on: December 09, 2021, 07:36:38 AM

That's my point though - these coins are not out of the supply. The only coins which are out of the supply are coins in which it can be proven that they can not be spent or reclaimed, such as coins sent to OP_RETURN outputs or other unspendable outputs, coins lost due to bugs in the protocol, coins lost due to miners failing to claim the full reward they were allowed to, etc. In total, these coins only number several thousand.

In terms of the examples you gave of a user saying they cannot decrypt their wallet or they threw away their hard drive - these coins are not provably lost. They could easily be accessed in the future, the owner might discover a back up they forgot about, they might simply be lying about losing them for any number of reasons. Lots of "lost" coins are lost on exchanges or other centralized services which can obviously still access them. Satoshi could come back tomorrow and move all their coins. Any coin in a reused address or an old P2PK address could be reclaimed using quantum computing in the future. None of these coins are provably lost/unspendable, and so it should not be assumed they are out of the supply.
You are right and i also mark that at this time they are not recoverable but at future perspective they might still add up to the total supply of 21 million as you said with quantum computing it's possible and all those coins i was referring to are actually not lost so i got your point on that.Like if they are having an access the account the supply is increased then.In the past people were little ignorant about bitcoin as the prices were not high but at this time they are extra secure to store their bitcoin on cold storage rather then leaving them on centralized exchanges which might got scam or hacked anytime.

The other ways you have mentioned like making bitcoin unspendable with OP_RETURN command which is similar to burning coins make them out of supply permanently and yes the number for them is way too low then but at last we will see how many total bitcoins the world will have.

The dormant address holding huge amounts of bitcoin are becoming active with the price surge over these years and yes they are contributing the total supply in the end so i got what you are referring to excatly.
2586  Other / Beginners & Help / Re: Will there be no more topics to write about? on: December 09, 2021, 07:24:15 AM
We're presented with new information concerning news/regulations/development and whatnot like every week or every few weeks; so there will almost always be something to talk about.

As for shitty/redundant posts, yes, but it's not exclusive to Bitcointalk. People who don't search before asking questions suck but it applies to any other community.
Exactly the bitcoin community has so much to talk about and we see some really good developments being made on which healthy discussion could be done like the latest taproot was one of the same and we assume there will be more coming to that things like some latest news also prompts up new conversation among members.

I would say that shitposting and topic exhaustion is entirely different as we have seen shit posts from a long time as people say what they want to say even when there is lot of good things to discuss about so what makes you think that? Rest there will never be ending up topics because technology is always advancing and you could talk about past and future performances also.

I don't know what this thread is doing in the B&H section.
This is not helping newbies to make some effective contributions apart from their regular shitposting as they don't care whether to discuss good topics or have they been already discussed so not suitable thread for the same purpose.

Did we still not discuss about bitcoin investment in the past or the mysterious Satoshi indentity and there are lot of repeated threads being made which educates the members with the latest additions to that topic so this is part of discussion.So I think your assumption is mixing up the two things and not a good thing to do.

2587  Bitcoin / Bitcoin Discussion / Re: Reasons why I prefer Bitcoin over any other assets and dips don't panic me.... on: December 08, 2021, 12:39:24 PM
The fact that people are losing access to their bitcoins has little impact on the current environment. Or maybe you think that bitcoin has grown from 10,000 to 69,000 in a year and a half due to the fact that the supply has decreased due to the fact that people are losing their bitcoins? The circulating supply is shrinking precisely due to the fact that bitcoin is increasingly being used as an investment asset, and not as a means of speculation or a means of settlement. Otherwise, you would never have seen such growth.

You are correct on the part that more and more people have tend to store bitcoin more and the prices have gone too high this season because the investments was very high and the economic principles state that whenever there is high demand and supply is not high the prices rise.I agree with you on the part that large proportion of bitcoin holders prefer to take it as investment rather than making use of the same as payment processing due to which the prices rise.This pandemic many new investors came into the bitcoin market and we see less people spending their coins because everyone sees huge profits in the long run or say as better investment tool to store bitcoin like what major companies are doing so.

It is incorrect to assume that 4 million coins have been irreversibly lost and that these coins should no longer contribute to the supply. We have absolutely no way of quantifying this number, and we not infrequently see coins move which have been dormant for 10+ years, proving that they are not lost at all as many people assume. There is also the chance that a significant number of these coins will be reclaimed in the future due to advance in quantum computing. The number of provably lost coins numbers several thousand, not several million.
Not actually I'm not including the dormant bitcoin addresses as i have seen some bitcoin whales rising up from the graves like after 9-10 years later the dormant bitcoin address transfer some Bitcoins to other wallets.But what i mainly refer is to people that have lost keys to the bitcoin wallets which takes them out of supply although there are chances they get it back but till now they are not having any ways to get it back so we assume it to be out of supply.

For instance the German programmer stefan thomas has lost password to wallet which contains approximately 7002 bitcoins and have only 2 chances left when i checked it last time.

There are some others also like this one:

Quote
James Howells, an IT engineer who accidentally threw away the hard drive of an old computer containing 7,500 bitcoins

So if we take into consideration all these people there are presumably many alike them who were ignorant enough in the past and now have lost btc keys which will result in supply shrinking with time.But still as you said there are chances that the number can vary but see whether upwards or downwards.

Dips in the bitcoin market mean opportunities for investors. that's how good bitcoin is because no matter how it looks bad, it always recovers if we based on its past history. right now, bitcoin is at the price where it has never been before which is finally passed the $20,000 mark. it took to finish the bitcoin halving to get to this high and surely when another halving comes, the price will increase. The safest crypto-asset right now is putting it all on bitcoins when the price is still low.
For those who believes in bitcoin and trust it or say want to invest in bitcoin in turn to have safeguards for deflationary future there are no dips but only opportunities but in reality the majority goes down with the FUD and as a result we see panic selling or say paper hands making diamond hands.The whales took advantage of this situation and accumulate more and more like this one :


Dips are the best time to invest but for those who understands it.
2588  Economy / Gambling / Re: Rollbit.com | Crypto's Most Rewarding Casino 👑 on: December 08, 2021, 12:22:32 PM
They are the first online cryptocurrency casino that had integrated NFT into the platform not just on acting as some sort of collection and doesnt have value but this one
do shows  off the different. Despite on having value you could also have benefits and perks if you had this one which is really lucky for those who
had purchased or buy those Rollbots.
They have taken the advantage of the trend to introduce Rollbots as NFT in the market so that players will have some more benefits by holding them like on each bet so there was so many in the queue to buy them but i will try not to miss the chance on the second one's they will launch whenever to make profits.
How can receive alarm when another one will be launch again, since people have notice it immediately second launch if you are not aware of it in time it will sky rocket and you be surprise, so you people that know the root of these when the date for them to launch again because i don't want to miss out
You will get the official information about the second launch of Rollbots 2.0 ahead of its launch but there is still no sign when they will be introducing it so if you want to keep updated with that have an eye on this thread and twitter handle for the Rollbit and surely you can get hands on them if you are lucky as they get sold off within minutes.
2589  Economy / Gambling / Re: Roobet.com | Crypto’s Fastest Growing Casino 🦘 on: December 08, 2021, 11:58:43 AM
Hello, @aysg76 what is that $10k christmas bonus only applies to slots: (Wanted Dead or a Wild), what about others, for example: Gems Bonanza or other types of Pragmatic Play.
No it's not limited to only that slot but i saw 2-3 some big wins on Wanted Dead Or Wild which was shared by the roobet on the Twitter handle so just shared with you all.

~snip~
Right that scope is not limited to only roobet to have big chance of winning and we can be lucky somewhere else but the main point of concern is motivation to small players to keep up the gambling in fun manner.
2590  Bitcoin / Bitcoin Discussion / Re: People claiming themself satoshi on: December 08, 2021, 11:19:29 AM
There are some people who have claimed themselves as satoshi nakamoto. Craig is one of them. I'm sure all of them are fraud. Just trying to get into the focus, they are nothing but attention seeker. Anyway, can someone give me a complete list of people who have claimed them as satoshi nakamoto?
The list is full with many faketoshis but Craig Wright is on top of them who still is running legal cases and all that stuff which is useless and have no point and all btc maximalist knows he can't be the genius behind the bitcoin creation.

Quote
A 48 year old person from Germany claimed that he is the real Satoshi Nakamoto. His name is Jorg Molt and known as a German entrepreneur. He started “Satoshi School,” to mislead people.

He was running some scam investment plans and people were fool enough to beleive him as why would the original creator of bitcoin Satoshi ask people to invest in his pension funds when he have 1 million coins stored in different addresses?

[/Quote] In the whole investigation, it is found that he collected a total of 1.8 million euros for his Investment platform named  ” Bitcoin Pension”. [/Quote]

Some other have been mentioned already by the members but we don't need to focus more on them as many will claim this but the reality is we all are satoshi and we don't need to unlock this mystery which is better.Many will be added to the list and Craig Wright will end up badly and will regret creating this whole scene against him.
2591  Bitcoin / Bitcoin Discussion / Re: Reasons why I prefer Bitcoin over any other assets and dips don't panic me.... on: December 07, 2021, 09:58:54 AM
It's interesting to see that people who invested in gold ten years ago lost most money compared to all other assets, and that is even worse if we know that dollar lost it's value.
Bitcoin is probably the best thing you can have in times of hyperinflation and I am expecting to see even bigger price changes in future.
I am not worried about any drops in price and I think that I become fairly resistant to pain related with Bitcoin dips Smiley
Gold has now become obsolete method of investment as investing your money into such an asset which surely can't cope up with the rising inflation is stupidity.In the past people prefer to invest and gold and it was the most safe investment and that we all know but with the time trend changes and people need to move on like suggested in the above charts which says it has not given any returns in past 10 years is clear sign of how hyperinflation could tense up the situations and we need some deflationary assest to hold on for future which is Bitcoin.Those who still believe it is best investment would not survive the coming scenario of inflation as dollar is devaluing and holding gold is surely not an best option.

If you look at the events of the last couple of years, then the circulating supply of bitcoin is constantly decreasing and more and more bitcoins remain in illiquid wallets. Perhaps, in the early stages, bitcoin grew and was popularized due to the fact that people used it as a currency, and not as a speculative instrument, I will not argue.

At the moment, the top use of bitcoin is as follows:

- asset holding
- speculations
- payment for goods and services.
The total supply of bitcoin is continuously reducing due to people losing access to their private keys as they are ignorant enough or careless to loose it and according to some reports approximately 4 million coins have been lost which in turn is reducing the supply and we all know it would not be ever 21 million coins and this will boost the prices even further high as less supply more demand is equal to price boost eventually.

At current there is less liquidity due to some reasons :

1) More people are treating it as an assest to hold which can give high returns in the future as they have witnessed from the past like 300-400% increase in short span and everybody wants to hold it rather than spending it anyway.

2) There are still less nations where it is accepted as mode of payment so that users can spend their coins or we can say adoption is more but the mode of payment is still far away to be scattered at global level.Suppose you want to buy groceries with btc how easy it will be to go grocery store to make btc payments?

3) The vendors who accepts it usually go through third party payment processor like bitpay and convert it to fiat

But when it will be accepted as mode of payment we all will see more liquidity in the market and spending fractions of them at high prices would not matter a lot.

I don't necessarily think you are wrong, but we simply don't have the data or statistics to say one way or another if bitcoin is predominantly being used for speculation, spending, or whatever. I'm certainly not disagreeing that large numbers of people have never used bitcoin as a currency and only use it as an asset, speculation, store of value, trading, whatever, but I am disagreeing when you say you that you would not recommend using it as a currency. If nobody used bitcoin as a currency, then it would have no inherent value and we would be nowhere near the price point in fiat that we are today. Using it as a currency is the only thing which encourages it adoption, spread, and growth. Without its use as a currency, then all you have are people trading a useless asset back and forth, which cannot be used for anything other than being traded back and forth, not dissimilar to 99% of the shitcoins currently in existence.

Yes, many large companies buy and hold bitcoin solely as an asset, but at the end of the day it is people using bitcoin to buy goods and services which gives it real value.
The main motive of bitcoin creation was an alternative to the current monetary system to provide the financial assistance at decentralised level providing the holders freedom of their own funds free from any central control but with time as the prices start to increase people start holding it as long term investment that will give them profits in the end.I have personally also spend some at some events like you and don't feel sad about the same because at the end of some point we will be using it in the original manner.But there is still time when it will be normal to spend your btc at the corner shop for which mass adoption is required.

The large companies holding them in balance sheet as an asset or accepting it as payment mode have gained so much profits with this bull run and made a fortune with holding btc in billons so they will not spend it in short term.But later on they will be cashing out profits by selling it in the market.
2592  Other / Meta / Re: [TOP-200] The most generous users giving merits on: December 07, 2021, 08:58:31 AM
I am slowly moving up in the world of Bitcointalk merit senders.
I was once at 197 back in 2019. From there I went to 176, 114, 26, 20, and 18. I ended the last month on position 17.

Who knows, maybe I will be in the top 15 with the start of the New year. That could be my forum Ney Year's resolution.   
That's quite a progress in both the ways as you came 180 postions up on the chart which is good one to end this year with gaining more merits as well.So you could surely make up to the top 15 soon but you need to spread out more merits shower as the less you earn more you give will take you to the top position on the charts  Smiley

Great work as usual, @Coin-1.
This last month I slacked at 7th position.  I bet I will do better this month!
I reckon there is value also in consistency!

You have been on top 10 from a long time and having merit sprees for so many days and meanwhile giving out them at such an pace is admirable a lot. It's tough competition in this race as El duderino_ , LFC_Bitcoin,Pharmacist,LoyceV and Ratimov are also standing in this race and you will again be in top this month also believe me Cheesy
2593  Economy / Gambling / Re: Rollbit.com | Crypto's Most Rewarding Casino 👑 on: December 07, 2021, 08:20:14 AM
Yeah and for all of your knowledge Rollbit boss has now wagered around $881 million only on Rollbit casino claiming around $880k in prizes along with daily rewards of $5000 and he is making good progress at fast speed and not far away from reaching highest level of Vibranium which is at $1 billion wagered.Whales gambling hard and to this level is shocking.
Thats too much money to be gambled, for us little gambler we can say that, but for him/for those bigger gambler $881 for them i think that money is enough to be wagered.
And your right rollbit boss has shocked all the user here in forum know that big amounts of money wagered.
For me I warged small amount cause i don't know the outcome if I bet that kind of amounts. Cause if I lose then nothing to worry.
The highlighted part is important as nobody in gambling knows the outcome of bet and this criteria doesn't corresponds to the amount of bet you are going to place.I as small gambler and on the other side this Rollbot boss both are unaware about the outcome of bet we have placed but the only difference is he have huge bankroll to support him and on the opposite side i can't exceed my limits whether i win or loose so it's all dependent on how much you can afford.
2594  Economy / Gambling / Re: Roobet.com | Crypto’s Fastest Growing Casino 🦘 on: December 07, 2021, 07:54:41 AM

Pretty much nothing to discuss with this except to keep on dreaming that someday you might hit this kind of multi lol. Its nothing more than pure luck, he clicked the spin button and he was lucky, thats it but seriously though I wouldnt even hit this huge multi even in my dream. Christmas comes early for this guy huh, its been a while for me since I played in roobet
The luck is not restricted to some players only and anyone could have that kind of lucky day as well and this gambling is based upon our luck and hope to win that amount and I just shared to motivate some small gamblers that they also stand the same chance of winning but yes in pure luck based games you need to be extremely lucky to have such wins.But hope is that keep us going along with fun.
2595  Other / Beginners & Help / Re: Is cryptocurrency making new millionaires every day? on: December 07, 2021, 07:14:06 AM
Well, obviously, many crypto people become millionaires already, it's just a matter of knowledge and smart work (smart choice of coin to invest) and etc.
The choice of coin is the top most priority which will determine your networth in the future like i personally believe btc is best suitable for me considering all the factors like security,fees and profits if i look at both the prospective of payment processing decentralised crypto giving freedom of funds and long term financial asset which will give me profits in long run.

But the problem with people is they don't tend to understand the crypto market and see it as tool to become rich in short span of time which is why many get attracted towards these fake altcoins which only make big promises and those who don't have knowledge and just want profits blindly get trapped in this circle and face difficulties later on.If you have invested $1000 only in bitcoin 5-6 years back you would have lot of funds now but people want shortcut and crypto market have so many such coins that will make millionaires but there is catch in this and that is only the owners of these shitcoins and whales become millionaire not investors.

Make the right choice with your knowledge and give it some time and you will reach your desired goal but you need to work for that and it will come with time and experience only.
2596  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 07, 2021, 06:52:16 AM
Happy $50k come back to all the holders once again and happy cry day for btc panic sellers and pessimists for not buying at discount and instead sell their coins Grin





Doesn't it sounds like shitcoin holders investing their funds in fake projects and meme coins to be millionaire within days by selling off btc?
2597  Bitcoin / Bitcoin Discussion / Re: Bitcoin The Ultimate access on: December 06, 2021, 10:16:46 AM
Most of them use payment processors such as Bitpay and Coinbase and most of them don't actually receive any bitcoins but they receive the fiat equivalent of it. In other words the reasons why they do it is not because they want someone else to control their money but because they want to receive fiat not bitcoin which is because of its volatile price and the fear they have of sudden dumps.
These merchants accepts bitcoin payments through these payments processors who convert them directly to the legal cash of their country and it's ok as these traders need cash to run the business and Bitcoin is not widely accepted at the moment but they accept to have more customer base as this is the latest trends and both the parties are satisfied like customer pays with btc and the vendor gets fiat for the same.But they can also hold btc in their wallet and earn more profits over it as the main aim of btc is payment processing apart from asset and they don't need to fear it and hold it instead but with time they might become aware about it.

Rest you have nice avatar for you which shows Btc at discount for December and those who can understand it will have bright future ahead.These discounts will be rare to see when you will be buying sats only with few dollars. Wink
2598  Other / Meta / Re: Do You Believe a New Forum Software Will Attract More Users to Bitcointalk? on: December 06, 2021, 09:17:12 AM
Bitcointalk is already popular coz of Satoshi. all forum user knows Bitcoin Forum has make by Bitcoin owner/owner team Satoshi. And people believe Satoshi still active on this forum as anonymous way.
Nobody knows about him and we don't need to explore his identity anymore and keep posting the way we are doing in better manner.There are many rumours or say words about him like some believes he is the original creator of Monero coin and printed the white paper under the author name of Nicolas van Saberhagen to make it untraceable and other features.So we don't know about him and all these are speculations only.

and day by day forum user increasing for offering bounty program. I believe a new forum software also will attract more users to bitcointalk.
Bounty hunters don't contribute much to the forum and their scope is limited to certain sections of the forum where they submits reports and all that stuff and they don't care about the software is old or new as their sole purpose is earning through these campaigns.But here we are referring to users that are going to make effective contributions to the forum that what difficulties they face and whether the new system will solve these issues and more members will join the forum or this system is fair enough? So this is the main concept of this thread not dedicated to some bounty hunters.You could check bpip.org to have the statistical data of forum members and to know how many members are already on the forum and there are many till now and many more will join with time.
2599  Economy / Gambling / Re: Rollbit.com | Crypto's Most Rewarding Casino 👑 on: December 06, 2021, 08:59:59 AM
The last time i saw the lottery round it was at #8 but now they have successfully completed #15 rounds which is fast according to me and surprised to see many players taking part in the same in hope to win something big and jackpot is rolling meanwhile.
2600  Economy / Gambling / Re: Roobet.com | Crypto’s Fastest Growing Casino 🦘 on: December 06, 2021, 08:41:52 AM
Let's discuss about roobet gameplay

There is always hope for small gamblers even you bet low and here is proof for all of us :

Quote
$10,837 Was Just Won on Roobet!🥳

Congratulations to Patron18 on a 10,837x Multiplier! 💰


There is not only chance for whales but for us also and Wanted Dead or Alive is giving out some big profits to user as there was one other also with around $3k multiplier.

Source : Twitter
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