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261  Other / Off-topic / Re: Get to know the Child Phase before teaching Bitcoin and Financial Management. on: January 02, 2023, 02:35:20 AM
We should teach them at the second stage because at that stage they can buy chocolates snacks and even rum errands, to make them understand that there is a digital currency known as bitcoin,this will help them know quick about bitcoin in other to join the moving train when it is the  right time for them. I heard a boy of 15 that his father has 7 btc and the boy was the next of kin to these bitcoin. Lack of proper knowledge on btc made him gave out one btc to someone.

We can give them hints on the second stage but I still think the third stage is the best for Bitcoin focus learning.

I do think bitcoin is a bit too complex to be taught well at the second stage. I learnt a lot whe.i was about 13 but couldn't handle things like the number systems until much later (I did an advanced physics course when I was 17 and students were still having issues with that too so that could still be too young unless you've got a good way to teach them).

As a child I think I first learned about money by observation. When I went with my mom or grandma to the store or market, I used to be curious how a piece of paper could be used to get some meat or fish. That's probably the earliest time I learned what money actually is. And then there were also those moments when relatives give you money to buy something. Those were the earliest financial encounters I had. And then later on I wanted to buy some stuff which I had to save for first. That's financial management.

But you have probably relied on parents and teachers/educators to learn how to learn? If you're trying to teach someone something it's sometimes good to get near your limits of knowledge (especially if they're engaging with it and asking questions) and then allow them to grow from there. This might be a bit selfish though as it means they'll probably bring interesting facts of things you don't know and may find interesting or start to ask for help determining whether something is factual.
262  Economy / Gambling / Re: What sort of Weekly & Monthly Bonuses do Bitcointalk members want? on: January 01, 2023, 06:57:39 PM
You could also offer rewards based on how active people are on your site in placing bets. You can either do this as more of a wagering*number of bets or just a number of bets over a certain amount of satoshi giving you a ticket to enter a prize draw for a jackpot (for example you could make it one ticket per 100 wagers over 1000 satoshi at 2x odds or higher).
263  Economy / Speculation / Re: Michael Saylor and Bitcoin or Michael Saylor and altcoin? on: January 01, 2023, 06:42:37 PM
Hindsight is always the most accurate way to pick out good investments. Risk often does reap higher rewards but an investment in eth when it was 0.017BTC would also have done a lot better than and investment in Eth in June.

I don't think the risk profile of eth would've made it a worthwhile investment yet though as I don't think it's value has increased enough (unless we're going from the 0.03BTC valuation, in which case, he already missed that).

There's then the chance microstrategy gets the sort of reputation for manipulation that companies like bitmex and Berkshire hathaway have.
264  Bitcoin / Development & Technical Discussion / Re: Question about lightning network. on: January 01, 2023, 06:28:04 PM
Channels remain open until they're closed by the nodes they're created between.

While a channel is open it is essentially able to exchange contracts with other node owners to send and receive bitcoin.

When a channel gets closed, both sides operating it know how much money each should have and can close it based off that (if one broadcasts inaccurately, a penalty is charged though iirc).



Since these contract exchanges happen it means two noeds don't need a channel open between them to pay as payments can hop over several channels/servers.

It's possible for some transactions to fail though on the lighting network too if you open a channel with a node that doesn't have enough connections to be able to route your transaction fully - you'll find out within seconds if this is the case thouugh and you'll keep your funds in your channel.
265  Economy / Economics / Re: The Taste of an Economic Downturn on: January 01, 2023, 06:20:17 PM
Where do you live and what kind of giant secret recipe golden plated onions are those?

I also wonder where the price of onions is so high, and I guess it could be somewhere in Asia considering that the price for the Philippines (September 2022) shows $6.74 per kilo. It seems that for some reason the price of red onions in the Philippines is skyrocketing, and whether it's because they didn't produce enough or they have import problems is still unknown.

I'd assume it was import based issued that means that onions cost more.

I'm not sure the UK and France are good comparisons for onion prices as I'd assume they'd remain pretty stable since wild garlic is abundant in the UK (to an extent apparently a lot of people didn't eat it before the 80s because it was considered a weed).

@OP can you work out why this is happening? It's possible to grown onions from parts of onions so you might get away with doing that to keep a supply going for you to be able to use if it's going to last quite a while (though apparently they take 4 months to grow).



I was buying quite a few electronic items over Christmas and it's surprising me they've become quite a lot cheaper and I don't really know why. Perhaps this is companies still trying to sell things or getting cheaper transport fees because they're devices are small compared to other items that are being moved (a computer is likely much easier to transport than flour, grains or meat).
266  Bitcoin / Bitcoin Discussion / Re: What is it with Africa and Bitcoin on: January 01, 2023, 05:55:24 PM
If this was also a "why Africans are using crypto so much" I think information like this might go quite well to explain that: https://www.statista.com/statistics/1175891/distribution-of-credit-and-debit-cards-scheme-in-nigeria/

(from information about Nigeria that seems to be quite a popular place for these sorts of companies) About 28% of card holders have a mastercard and 18% hold visas while the majority of card owners hold cards from local transaction processors.

I can imagine that means there's places visa isn't accepted (I've been in shops in the UK where Amex isn't accepted and some places also used to not accept mastercard years ago when it was much less popular).

267  Economy / Economics / Re: Legal methods of acquiring free assets on: January 01, 2023, 04:21:49 AM
Are there good methods of legally acquiring free assets people would like to share?
I don't think there is any method to acquire a valuable asset for free, except you are prolly inheriting them from your family or something. In the case of this earthmoving equipments that are old and prolly spoilt, no one is going to give them to you for free unless they know you would spend a fortune in making it work again, and it prolly might not, or it could spoil again after a few weeks/months of your repair. Thus i don't think you are even getting them for free per se, because you are definitely going to put in time and resources into something that might turn out unsuccessful.

There are assets that fall under the "low supply" and "low demand" category that can generally yield a good profit if you hold onto them for a certain amount of time or find someone with a good interest in them. Two examples of these could be vinyls and grand pianos - but it doesn't stop there - there's many other items that can be resold for a higher price.

I've seen huge victorian writing desks (that look like they're made similar to antique grand pianos) get listed for between $4000-$16000+. Grand pianos themselves (and organs) are either worthless or worth thousands (and sometimes both at the same time).

There's then the opportunity of transforming things into other items that are either usable or not. There's a decent number of old busses that get turned into campervans, a few airplanes that get turned into hotels. If you make something saught after and turn a profit, you might just be on to something.
268  Economy / Economics / Re: Every passing year seems progressively worse on: January 01, 2023, 04:11:55 AM
I had a similar thought a week or two ago and determined that intelligence and/or experience can add intensity to how we think and what our biases are. If you're thinking now is a bad time because of fuel prices or the Russian invasion, you probably weren't around for the last time something similar happened or it wasn't as documented as what's currently happening is (you didn't have as many facts and couldn't derive as many conclusions from it).

It's like the difference between watching a film as a kid and thinking "that had a really happy ending" to watching it as an adult and thinking "that hasn't ended at all there's going to be a lot more to that story" or "that didn't end how I wanted it to, it's happy if you just focus on the ending as a static image, but if you try to imagine the next few hours, days or weeks, it won't be so happy".

I made a topic on here a few years ago about whether it was worth getting a higher income from a more intensive job than the one I had at the time and a lot of the responses were "no" because expenses often rise to match incomes - I think this applicable to these world stories too. The results of what you expect are being constantly diminished so your going to start to expect less in the hopes it keeps you sane (it might be best to find the best, the neutral and the worst outcomes from situations and try to accept those in advance before they happen).
269  Economy / Speculation / Re: Bitcoin price, January. $20000 or above possible? on: January 01, 2023, 03:53:15 AM
I think we've got a while to go before we see bitcoin go above $20 000 and stay there m. We might see spikes for it going in that direction but I think we're going to have to wait for the news of a halving to come before we think the price of bitcoin could do well.

Based on halving info, I think we'll see a rise before or after everyone expects (if too many people expect the same thing) but there might be possibilities for minor crashes after then too like we've seen before (mostly due to manipulation like March 2020). A healthy bounce is probably a good thing to wait for and then after that a few more healthy bounces (higher lows).
270  Economy / Trading Discussion / Re: Is this exchange legit? on: December 30, 2022, 11:36:21 PM
It also looks to me like they could have picked a name close to circle to look more legit, as in: https://www.circle.com/en/

It's always best to wait for an exchange to get older/more used before you use them to work out if they have a good reputation or not - they might have bugs, have bad liquidity/prices or they could also be a scam.
271  Bitcoin / Bitcoin Discussion / Re: Bitcoin Can Now Be Bought Using Apple pay and Google pay On Binance on: December 30, 2022, 08:56:06 PM
Secondly, it is wrong to pay with services such as Google Pay which will keep track of your payments and hand everything over to the authorities if they put pressure.

That'll probably take a lot of pressure these days. Companies that make money off people's data (like Google) make the most of the data they collect by storing it themselves and having only them being able to access it.



This kinda brings binance in line with a lot of stock apps that do this sort of thing already. I'm not sure how well trusted those stock apps are and what that might say about binance but that's not the debate for now...

I wonder if apple and binance put this pressure on Google too since they seemed quite anti crypto. There's a chance they can use this to fuel more negative news about crypto (maybe get market insights too from binance that they could spin how they like).
272  Alternate cryptocurrencies / Altcoin Discussion / Re: Most newbies don't know this on: December 30, 2022, 06:47:54 PM
I haven't used trust wallet for ethereum but I assume it works the same as metamask in just using one address.

You use the same seed for everything in both. Trust wallet likely cycles through addresses you can use for most coins but everything depends on the one seed.

You can also add accounts/addresses to metamask and switch between them (either using the same seeds or different).

Ultimately this is a choice of coin though. Ethereum doesn't have built in and easy privacy functions like bitcoin and other networks do/enforce. Trust wallet has more coins than metamask and a greater compatibility with other networks but isn't open source so will always have a reliability concern.
273  Bitcoin / Bitcoin Technical Support / Re: Unconscious CPFP (I presume) on: December 30, 2022, 05:19:14 PM
This is the only way I normally end up doing cpfp (to give myself a reason to send the other transaction) so it does work that way.

I think you set your fee a bit high if you did 3x the recommended.

Funds are spent in transactions by using the hash of the receiving transaction to reference the unspent funds, that's likely why you couldn't rbf the first transaction.

I had some funds to spend yesterday and I originally sent a low fee transaction and then did recommended and both were confirmed in the next block.
274  Economy / Economics / Re: FTC orders Mastercard to open debit transactions to competing payment networks on: December 30, 2022, 04:58:54 PM
This is quite surprising as I'd've expected banks to be on good terms with mastercard and visa considering they provide so many of their transactions and probably a lot of their profit (from credit cards and overdraft payments that are easier to get into of you're using a card or a phone to pay).

Given this is on mobile wallets specifically, I don't understand why there wouldn't be an incentive for Google and Apple to launch their own systems or provide additional services (like a version of "open banking" that includes contactless where you can currently link bank accounts in the UK if you prefer the interface of one mobile banking system or want a better way of getting an overview of your funds - not sure if this is a thing anywhere else though).

I do think it's only a matter of time before Google and Apple launch their own cards in order to get more user information (for free).
275  Other / Beginners & Help / Re: I asked ChatGPT on how to earn merit on Bitcointalk on: December 30, 2022, 04:47:52 PM
I hope none of above are plagiarism from the AI bot. It's not a big problem for that bot but indeed for your account. I still think you will be fine even the AI bot gave you plagiarized advice because you mentioned how and where you got it.

I kinda read that as being about 3-6 distinct people that post here (some bullet points subtly change tone). It's fine for an AI bot for now but still shows its flaws.

It's also way too long! Did you ask it for 10 points? 2 of the bullet points sound like they're repeating themselves quite a bit (but some users do that anyway). There's a lot of training data on that and likely a lot of threads but if chatgpt uses some sort of neural network and doesn't have access to the Internet then it's quite impressive (if it has a copy of its training data then it's a lot less impressive though imo).
276  Bitcoin / Bitcoin Technical Support / Re: Bitcoin Node: Cheap options to run my node on: December 30, 2022, 04:38:41 PM
It might depend on how much ram you normally expect to use. If you can spare 8-10GB for dbcache then you'll find the sync goes by a lot faster than it would.

I tried syncing a laptop with 8GB ram and a hard disk drive (internal) and I expect it'd complete the sync in about 4 days to a week if I left it running with a high dbcache (memory usage).

It'll be something that you'll be able to work out what works once you've done it. I don't think an external SSD would be much faster than an external hard drive unless it uses a faster connection (such as usbc or ethernet to connect to your computer). Replacing a ram stick with an SSD might boost the sync though (and then you can move your synced files onto a hard drive) - assuming you have two 8gb ram drives and they connect fairly normally (they fit in different sizes though iirc so you'd have to find something compatible).
277  Bitcoin / Bitcoin Technical Support / Re: My bitcoin full node is unreachable on: December 30, 2022, 12:54:55 AM
How are you trying to reach it? I think you should be able to reach it from a ping request locally or from a hard coded connection from a device on your network but not over the Internet or externally yet (changing once it syncs).

You could test if it's a router issue by trying to connect it over tor.
278  Bitcoin / Project Development / Re: [Concept Idea] Gamblevest - A new way to gamble and invest at the same time. on: December 30, 2022, 12:49:00 AM
I think you'd need to make something that could handle the developers too in betting for or against themselves (especially because they stand to make the most profit based on their bet imo).

I don't know how useful this is as an idea but I thought you were going to suggest offering games where a certain amount (say the jackpot or the house edge) was invested in a company the user picked (and split between you and them, or just held by you with them making a fraction back if it does well). This could still be manipulated (unless you had something like a 2% house edge where 1%is invested or something but it might be an interesting concept as the wagered amount can get quite high from a single deposit and 1% of that could be fairly big for a "risky" investment).
279  Other / Meta / Re: Undo and Redo Symbols on the Standard Tools Bar in BTT on: December 30, 2022, 12:25:31 AM
Base on the Subject, I have lost words, phrases, Clauses and sentences because I have not seen undo sign to reverse back the lost typographs or words. So I am trying to know if there is any symbol or tool for me to click to bring back the lost words. Specifically for phone. Because for laptop or desktop, You can press Ctrl + Z to bring back the mistakenly deleted words on the typing interface of bitcointalk but for phone, I have not seen such features, probably I don't know where it is, so if you know it, show it to me.

The ability to undo actions is a feature that is specific to individual applications, rather than being a part of the operating system itself. In Windows (or other desktop operating systems), the Ctrl-z keyboard shortcut is a common way to invoke the undo function, but this can vary depending on the specific app or website you are using.

I think most mobile devices have undo buttons built into their keyboards too. You can search this for the type of phone you have as I think it varies quite a bit.


.
In cases where you've hit refresh (or back?+), sometimes you can just go back again and reload the page (or go forward) and it might bring your post back - mine does quite a bit.
280  Economy / Economics / Re: Passive Income? New Start-Up Would Pay you to Share Personal Data on: December 30, 2022, 12:17:44 AM
Far to many people click i agree to cookies for this to be something too achievable. I'd like the idea of being able to list a few things I'm interested in (when I'm interested in them) to receive ads tailored to that (and also monetary compensation or a discount on the products). A lot of ai and big data can still miss that, they're trained on averages, they might be successful for the highest amount they can be now but I think they could be improved - especially since some recommender algorithms can recommend things people would have no interest in because they've had no interest in soentbibg else iirc.
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