Bitcoin Forum
June 14, 2024, 09:06:43 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 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] 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 ... 834 »
2621  Bitcoin / Bitcoin Discussion / Re: Bitcoin wastes electricity? - No - Heat your home with mining on: September 05, 2022, 01:51:20 PM
The truth right now is that miners use more energy to get rid of the heat compared to the heat that is actually used.

Most probably; especially as mining seems to be more suitable on sunny places people can put on their solar panels.

That's because the guy in the article was mining with a GPU, so... Grin

Omg LOL!

you have the problem of transferring the heat because it's quite hard to transfer heat via air tubes for ventilation and not to transfer noise also!

It may work by actually heating water and send that through pipes, but that means more costs and more waste too.
Or as said, use the heat in a garden where the tomatoes may not mind the noise (although I've read in the past that flower prefer classical music). But that may need to be insulated too if it's near the civilization.

I bet he spent more on that than his S9 will make in all its lifetime.

Exactly.
2622  Economy / Reputation / Re: User DigitalMonk - suspicious behavior! on: September 05, 2022, 01:38:02 PM
When I see some posts as the bitcoin ambassador created by DigitalMonk surviving on the forum without being deleted or trashed, I'll begin to imagine the level of patience and tolerance the moderators have and some steps which they follow, especially as relate to case by case method.

Some newbies also complain that there is no freedom of speech in the forum, I recently saw one that left the forum because there isn't freedom of speech. If Monk's post will survive till date, it shows that there is high level of freedom in this forum.

The thing is that while we do have a high degree of freedom of speech allowed here, trolling is against the rules.
However, I did report him, for trolling, I'd guess that some others too, still, no action has been done by the mods.
I can guess that mods' situation is also not easy in this kind of cases (maybe it's hard to tell if it's an illness or trolling, but imho we have exactly the case DaveF has wonderfully described), so yeah, he have wait and see what's going to happen.
2623  Bitcoin / Bitcoin Discussion / Re: Bitcoin wastes electricity? - No - Heat your home with mining on: September 05, 2022, 11:26:54 AM
Heating My Home with Crypto Mining

I have a feeling that these articles have forgotten about the noise a bitcoin miner makes.
I don't say that using the heat of the ASICs is bad (I think that some even use it for their garden/plants) as long as they mine anyway, I just say that the topic may need to be expanded/completed in order to make it actually useful.
2624  Other / Meta / Re: A brief study on contact information in the forum on: September 05, 2022, 10:59:53 AM
1 shared her/his ICQ
0 shared their AIM
0 shared their MSN
4 shared their YIM

"Other contact info" was (is?) sometimes used for linking accounts/bounty campaigns. We could learn from them and instead of insisting on the name of those fields (and yeah, the fact they may do something if clicked), just use them for our needs if it's the case. (Actually I think that some few users do that already.)

Conclusion: This forum software is really outdated and needs an urgent upgrade/replacement.

Since it's not replaced yet, I'd conclude that the new software is not considered yet safe enough to be used for this forum.

I'm actually quite surprised there isn't a field for mIRC nicknames or address identifiers. mIRC was the shit back then, with it just purely text-based and very light-weight.

Indeed, irc was simple and effective. I think that for example Monero development meetings are still discussed on irc.
But irc needed to know what software to start and also what server to use and maybe that was one of the reasons it's not in this list (maybe those settings were either too many, either not standardized enough?)
2625  Economy / Speculation / Re: 1 Bitcoin, Not for everyone. on: September 05, 2022, 10:24:04 AM
I already have mine  Grin

Well done!

Well, there are 56 million people worldwide whose assets exceeded one million dollar.
Source:
https://en.m.wikipedia.org/wiki/List_of_countries_by_number_of_millionaires

As there are only 21 million bitcoins, there are 0.375 btc for each millionaire.

Actually this math is terribly wrong because there's a very good chance that more than half of the 21M is locked in wallets lost or to people or entities not willing to sell (the vast majority of those funds) for very long time.
Even more, one can safely count on the fact that some will buy more than 1BTC. Did you really stop at 1BTC? I kinda doubt it. And even owning 1.001BTC means the result is different.

On the other hand, who cares of those millionaires? Cheesy Let them hold fiat; we hold Bitcoin.
2626  Local / Română (Romanian) / Re: Concursuri/tombole pe bitcointalk (sau pe aprope) on: September 05, 2022, 10:08:56 AM
Ai auzit de dificultate vreodata?

Dificultatea se schimba cam la 2 saptamani. Asta inseamna ca daca creste hash rate, sunt intr-adevar sanse ca pentru o vreme blocurile sa fie generate mai rapid.
Deci ironia ta nu prea are baza.
2627  Bitcoin / Bitcoin Discussion / Re: A bitcoin whale is ready to sell 5000 Bitcoins or already sold. on: September 05, 2022, 09:48:15 AM

Trying to scare some newbies, eh?
What you posted is no useful information: it's data available to whoever wants to read it and everybody can transfer his funds wherever he wants. And we should not care.
What you posted is FUD: the numbers can be seen as big and scary by the inexperienced, but it's actually just a fraction of the coins sold and bought on a daily basis. Even more, somebody with such amounts of coins is usually not so stupid to break the price and sell at a loss.

Still, we're in bear market, so the price can still go lower (or higher!). Traders have to stay alert, HODLers can buy more or just enjoy the ride.


this transaction is more than a year ago. the whale probably have sold them already or used exchange to transfer them to another wallet so he can not be traced but one thing is certain that he'll not be keeping that much btc in an exchange account for this long.

You should take another look: https://mempool.space/tx/4e51e9c29620f676e49e4a3670be158fa626866c032b46a2a2ee254c861604c6
Even more, please don't quote such big images at full size. You can edit the img tag and change the height to make it smaller.
2628  Bitcoin / Hardware wallets / Re: Nano Ledger S? on: September 03, 2022, 08:06:58 PM
All this was discussed in the Ledger Nano S Plus topic. You could have been reading that first, really...

So apparently I do not see this available in ledger website anymore.  So this has been discontinued?  How long ago did they stop selling it on ledger website?

Afaik it's not discontinued yet, meaning that for a while (at least the EU legal 2 years) they should still offer support for it.

Does this also mean anyone that has a nano ledger s would eventually need to get a nano ledger s plus or x in the future?  I know lot of people from years back bought the nano ledger s and store their coins there.  But is there any concern now that because this product is discontinued, it won't work later on in the future such as there won't be any firmware updates for it anymore?

Yes, sooner or later it will most probably get discontinued and if vulnerabilities are found, then using the old device will become unsafe.
At that point it will be recommended to buy another HW (from Ledger or not).

Do you recommend everyone with just a nano ledger s now buy another hardware wallet such as the nano s plus or the x and just input their seed phrase into the new hardware wallet and no longer use the nano ledger s anymore or there is absolutely no need for that now? 

Now? No. Not yet, by far.
2629  Bitcoin / Bitcoin Discussion / Re: Cheap Bitcoin tx fees! on: September 03, 2022, 06:14:54 PM
Anyone else love how cheap Bitcoin tx fees get during bear markets?

This is not about bear markets, the tx fees are usually low when the price doesn't change much (no matter how high or low it is).
And I'd bet that a lot of people would prefer to pay much bigger tx fees as long as their coins also worth much more Wink

I just sent my first transaction in a while and it cost all of 38 cents (1921 sats).

I think that you've overpaid some 10-20x. Did you use a web wallet or something?!

Critics complain Bitcoin is all expensive to use, except when a bull market isn't actively going on fees are cheap. I remember last bear market fees got down to the 5-10 cent range. Not too far from there at this point.

There are many altcoiners whose main narrative is that bitcoin is expensive to use, just to divert people's eyes from the fact their supported coins are copycat shitcois or useless forks.

I paid a 0.0063% fee on my transaction! Last time I sent a transaction when fees were higher about a year ago I paid a 0.001% fee (but that was me moving most of my bitcoin). Meanwhile whenever I go fill up on gas I'm getting charged about 2.9% extra for using a credit card....ahhh legacy systems!

The tx fee is completely unrelated to how many coins you send. It's related to the size (in bytes) of the tx, which comes from number of inputs, number of outputs, the type of address you use (SegWit is cheaper) and obviously how much you're in hurry / how much you want to overpay for speed.



Don't take me wrong, I'm happy you've discovered that bitcoin is not expensive to use. I simply want to point out that you still have a lot to learn Wink
2630  Other / Serious discussion / Re: Crypto 2023 expectations? on: September 03, 2022, 05:56:37 PM
Since you seem to care and asking solely about price,

Whether we like it or not, it is what most people are attracted to. The white paper, the limit to production, being able to make payments without a centralized entity being able to give you approval or block it, is something that interests a minority of us.

Oh, but I don't deny that! My point on this matter was that price topics belong to Speculation.

Crypto investors expect bitcoin to rally to around $38,000 by early 2023, according to a survey of roughly 4,400 Americans by intelligence firm Morning Consult.

Yet OP question was what you expect and you didn't answer to that Cheesy
2631  Economy / Economics / Re: Banks are changing ..... Bitcoin should wake up and innovate more! on: September 03, 2022, 05:51:47 PM
SegWit and Taproot and the Lightning Network are good examples of innovation, but we need less complicated solutions to push Bitcoin adoption.  Roll Eyes

Most of the less complicated solutions related to banking are implemented by using their centralized nature to the max. In bitcoin world this may not be the best direction.

I won't deny it, some things could be done to make things easier for non-technical people. But I will be honest and I would not expect people invest time and work "for fame"; let's be honest, the most fool-proof solutions are commercial ones (i.e. ones for which the developers got paid).
2632  Bitcoin / Bitcoin Discussion / Re: is Saylor sued by Washington (DC) an attack to BTC? on: September 02, 2022, 07:21:16 AM
This is towards Saylor himself though, not necessarily at MicroStrategy if I understand correctly.

From what I've read (eg. on Financial Times) MicroStrategy is also considered involved, for helping/covering Saylor's actions.
See: https://www.ft.com/content/b356290d-a9c2-4ed2-8852-7f2d0c080f1c

Quote
The lawsuit against Saylor and MicroStrategy
Quote
alleges that MicroStrategy was aware that Saylor lived in Washington for more than half the year [...] and conspired to help him evade taxes
2633  Bitcoin / Bitcoin Discussion / Re: is Saylor sued by Washington (DC) an attack to BTC? on: September 02, 2022, 06:58:55 AM
I've read it's an attack on Bitcoin.

I think that I've said it somewhere else too: imho it's not (yet!) an attack to bitcoin, but it can be used for attacks against bitcoin and also to bring back into actuality the "bitcoin is illicit money" narrative.
2634  Economy / Speculation / Re: All Eyes On Bitcoin’s Monthly Close on: September 02, 2022, 06:42:15 AM
As of this video we have 8 hours left in the month. If we close near $20k the trend is projecting a significant drop in September.
Significant drop to what price? The significant drop known has been when bitcoin dropped from $48500 to $17600. Can their be a drop from $20000 to prices that re significantly lower? The strength at $20000 is strong and I am not thinking bitcoin would drop much below $20000.

OP was very focused on this drop, he may have been expecting it exactly in the night between August and September and.. it didn't happen as he expected.
However, I see two conflicting directions here:
1. The historical crypto winter may not be over (may take 1-3 more months) and this means a new leg down is possible (and the worse case scenario is under 10k!).
2. The rainbow chart shows the price is in the low area and it's not much (if any) room for going lower.

Some will go by some indicators, some will go by another, hence some will always be wrong. I find it a good time to buy, HODL and wait for the "winter" to get to an end.
2635  Economy / Economics / Re: Banks are changing ..... Bitcoin should wake up and innovate more! on: September 02, 2022, 06:35:48 AM
Are we going to wait for the Banking sector to disrupt Bitcoin.... or are we going to spearhead innovation to stay in front? You decide, if you want to stagnate.... or if you want to run in the front.  Wink

While you somewhat have a point, I'm afraid your call may remain unanswered. Or not in the way you'd like.
* Banks' move toward cheaper, faster and online based services is ongoing for years
* Banks are institutions with money and power they can change a lot pretty fast
* Bitcoin is evolving - SegWit is a leap forward, Taproot too. LN is expanding, maybe not too fast, but it does. Bitcoin development is un- (or more precisely under-) funded.

The bigger problem I see is that you've compared apples (private businesses working with money) with oranges (the new money). And here:
* Bitcoin related businesses do evolve, but some care only about profit, or they are being slowed down by the financial sector they have to interact with, so it's not much visible
* There is so much money to come if one starts just another business like the existing one, many won't even bother for innovation
* Banks themselves start working with Bitcoin and I would not be surprised they would come with the innovation you may be expecting (as I said, they work with a completely different level of funds).
2636  Economy / Exchanges / Re: Exchange's payment methods on: September 01, 2022, 05:46:14 PM
But aren't chargebacks a risk with every reversible payment method out there? KYC should help businesses protect themselves against these things (to a degree). Shouldn't it?

I think that PayPal is maybe too "customer oriented" and allows chargebacks much easier than banks, for example.
Exchanges seem to prefer old school bank transfer. The few that allow Credit cards (another chargeback champion) ask for quite a premium there afaik.

As for them not wanting other services to compete with them, then I will have to disagree there. There were no exchanges that supported PayPal except for Virwox, for as long as I can remember and PayPal only started to offer crypto recently.

Well, if I'd be PayPal and I sell Bitcoin (or, even more, IOUs) at 21 000$, why would I agree to make business with Binance that sells Bitcoin at 19 500$? To allow the users get bitcoin cheaper and I'll have less profit?

And indeed, PayPal is new in this, but before that PayPal was prohibiting Bitcoin related transactions and there was also the aversion of every honest bitcoiner against PayPal for being scammer's heaven and allowing chargeback for everything related to bitcoin. So before it was even worse/riskier. Or am I missing/confusing anything?
2637  Economy / Reputation / Re: User DigitalMonk - suspicious behavior! on: September 01, 2022, 05:19:20 PM
Disappointed that more people are using neutral feedback instead of negative, but so be it.

I think that it's not negative feedback he needs, instead reporting for trolling.
This way he should face at least a temporary ban.
2638  Bitcoin / Electrum / Re: Help with electrs (romanz) on: September 01, 2022, 03:52:12 PM
Code:
InvalidData on first line may indicate client attempted to connect using SSL when server expects unencrypted communication.

Although this was asked before, I'll come back to this. Are you sure you use a command line like

Code:
electrum --oneserver --server 127.0.0.1:50001:t
..or whatever your IP is?

You are comparing ElectrumX you said it's configured for SSL with Electrs that seems to be asking for non-SSL connection. The command line of the two must differ.
I use Electrs locally without SSL and my config looks pretty much similar with yours (just I use cookie for accessing Bitcoin Core).
2639  Economy / Economics / Re: The Supreme Court Decides How To Punish U.S. Expats on: September 01, 2022, 03:20:32 PM
Summoning NeuroticFish on this one  Grin and I'm pretty sure he will have to say few nice words about this shady "businessman".

It's just yet another typical Romanian "wild west" so-called businessman. He has paid politicians, made contacts, made a fortune leeching taxpayers' money (and giving parts of that back to the politicians) without doing much. I'm so sick and tired of the them (and the huge number of them too) I no longer keep track of them.

So I had to look up who this guy is. It's one of the "close relatives" of an ex-prime minister that was so "nice and clean" he has already done prison time too. There are stories that this prime minister has ruined the industry of the town I was born simply because he didn't get the bribe he was expecting. Well, I guess this "businessman" has remained close friend because he was able to deliver.

If you read the end of this newspaper translated with Google, he is still receiving money from the government, most probably for contracts poorly made long ago, to favor him.



I will add that afaik everybody who has US citizenship is liable for taxes or at least the difference if he has paid lower taxes in another country. Maybe this is the case?
2640  Economy / Services / Re: A Job for Life: Bitcoin Ambassador - Salary: US $160,000 Dollars on: September 01, 2022, 01:20:14 PM
I will also appoint another 300 Bitcoin Ambassadors who are interested to work in the Bitcoin Embassy in a Official capacity.

As soon as you put the money into a reputable escrow, you can go on.
Until then... it's just the usual bulshitting you're doing all over the forum lately.
Pages: « 1 ... 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] 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 ... 834 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!