Bitcoin Forum
July 16, 2024, 07:30:38 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 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] 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 ... 839 »
2701  Economy / Exchanges / Re: Binance to delist USDC, USDP, TUSD from the platfom on 26th September on: September 06, 2022, 07:08:25 AM
@NeuroticFish. The cryptospace was hyperdollarized by USDT. Before 2017, much of the exchanges listed their much of their altcoin trading pairs against bitcoin.

You're right. This also helped to keep very low value altcoins on trade, where bitcoin 8 digits after decimal point wouldn't have suffice.

Also I've checked now how many trade pairs USDT has on Binance and I was surprised - they're more than BUSD or BNB, probably more than BTC too - then it struck me: binance.com has no USD and the replacement was (and is!) USDT.

So yes, we have now a much better answer to OP question.
2702  Bitcoin / Mining / Re: Bitcoin Mining Pool distribution monthly reports on: September 06, 2022, 05:36:21 AM
Then why did the community freak out in 2014

Because while 1 pool operator can randomly become evil, the chance for more than one do that decreases by a huge degree?
Because maybe FUD was working better back then than now?
I don't know. But ask yourself: did that pool get evil and has done 51% attacks (and why not)?
2703  Economy / Exchanges / Re: Binance to delist USDC, USDP, TUSD from the platfom on 26th September on: September 06, 2022, 05:25:46 AM
Do you think there will come a time when Binance will stop supporting USDT so as to continue forcing people to use BUSD on their platform?

That would be wishful thinking.

Maybe somebody has the numbers about how much USDT is transferred in and out of Binance on a daily basis, but I have a feeling the numbers may be bigger than for fiat. And then delisting USDT would be an awfully bad business.


According to Coinmarketcap: https://coinmarketcap.com/

USDT marketcap is $67.55 billion
USDT marketcap is $51.86 billion
BUSD marketcap is $44.45 billion

The second one is USDC, not USDT  Wink
But wasn't market cap an useless parameter to measure?
2704  Bitcoin / Mining / Re: Bitcoin Mining Pool distribution monthly reports on: September 06, 2022, 05:21:11 AM
What they can do is DOUBLESPEND!

And they are so stupid and malicious they will team up to destroy bitcoin - which now brings them nice money - instead of stay clean and keep earning... right?
It's funny to read that you tell others they're wrong, when you are the one decoupled from reality.
2705  Economy / Gambling discussion / Re: F1 Formula Sports Racing - Sportsbet.io promotions & discussion thread on: September 06, 2022, 05:08:36 AM

While I could have been wording that better (only the ending part of the strategy was bad / missing), if you start with insulting people that will never prove your point.

So for you a team who makes a strategy to win the race with a car 0.5 or a second slowly, and was brilliant and ruined for one thing outside of their thinking (VSC of Tsunoda) its a bad strategy.

If you make a strategy for winning when your car is that slow, unless you have Ayrton Senna at the wheel it means that you've smoked the wrong pot (and please don't come with bedtime stories about how good driver is Lewis).
Compared to the golden days they were pretty much expecting the unexpected and were one step in front of RBR, now they've adapted poorly. Leaving Hamilton with medium tyres when pretty much everybody had softs simply cannot end good. On soft tyres people get much faster (was it 1 second less per lap?) and they know all that. Indeed, the only good window for that may have been when the pack went through the paddock and maybe changing tyres for both pilots then would have been bad for Russell for short term, at least.
But if they would have been doing that, both cars could have been ending before Ferrari - which is the team they are battling now, not RBR.

Second you are thinking with a loser metality, Mercedes dont. They want to WIN the GP, if they put soft tyres what can do? NOTHING, Verstappen was ahead with the same tyres as you and a car more more fast than you. SO.....

With their winning mentality (lol to that), they've screwed it up. Just look at Hamilton swearing at near the end of the race.
They've lost valuable points. They're only lucky that Ferrari wants to win the title for the team that sabotages itself best over the history of F1.

Other thing more, MERCEDES WORKS BEST WITH HARDEST COMPOUND. And they have really trouble puttin in the correct window the new tyres, so again if they change the two mans tyres, maybe the two can be a disaster for this tyre temperature trouble they have.

OK, that does make sense for long term.. and would have if safety cars (virtual or not) wouldn't have been spoiling their plans. And in F1 they pretty much have to expect the unexpected and take advantage of everything they can. Well, they didn't. In the last laps they could have had a chance for holding positions only with softs, period.

I'm not sure but I just admire how he is handling the situation they really need to do some changes with that situation knowing that they are the top contenders when it comes to the current season. If they want to be more competitive, they need to do something.

While keeping the team together is a nice thought, while he is fighting for his team, this, instead of getting people more focused into doing their job perfectly, has the opposite effect: the team seems to be sloppier and sloppier with every week passing by. The strategy seems to be missing (I mean, not long ago they asked the pilot how he wants the strategy?!), the tyre changes go randomly bad, .. it's clearly easy to comment from outside, but something does look wrong there.
2706  Economy / Services / Re: [FULL] Starbets.io Signature Campaign | Up to 0.0025 BTC/W on: September 05, 2022, 04:02:15 PM
Pmalek, NeuroticFish, joker_josue, please check the correctness of the specified Bitcoin addresses in the table.

My address is also OK.
2707  Other / Off-topic / Re: Oxford Physicist Unloads On Quantum Computers Says They're A Scam on: September 05, 2022, 02:35:48 PM
Quote
In other words, he wrote, it's far more hype than substance.

Quantum computers have to be recognized as a dead technology for now. There simply is no legitimate prototype or proof of concept. And there never was. Perhaps in the future the technology will mature into something with real world application. But at the moment its more vaporware than flying cars.

He is right: it's more hype than substance. But no, that direction is not a dead technology, there is some (small amount of) "substance" there after all.
Yes, they're far from making it consumer grade. Yes, since it's extremely prone to errors, and also it needs to stay at very low temperatures and protected from any kind of vibrations, it's almost like we want to build something meant to not work on Earth. But this only means that they have more work to do.
Also if the funding will (ever) get depleted, this idea will probably get halted, not buried. And maybe a fresh idea can change everything.

So, exactly like with "bitcoin is dead", I would not be so eager to announce the death of QC. I could be too easily get proven I'm wrong.
2708  Economy / Gambling discussion / Re: F1 Formula Sports Racing - Sportsbet.io promotions & discussion thread on: September 05, 2022, 02:00:45 PM
And did we forget about the race when Verstappen started at P10 or something and still won?

P14 (!)

Sort of agree with Russell, Hamilton looks jaded and out of sorts as soon as he no longer has the cushion confidence he had all his years.

Mercedes strategy was pretty bad. But while Russell was smart enough to get advantage of the pit lane situation, Hamilton wasn't.

Ferrari

I simply don't understand what is Ferrari doing. They are constantly sabotaging themselves. Completely unprofessional.

Hard to bet against Verstappen

Yeah. I said I'll bet on him and I (sadly) didn't because was travelling again in the weekend. I've missed all the practice, qualifying and race too. I've just seen today a rerun of the race.
The race was interesting, especially the last 1/3 of it.



Does anybody know the backgrounds of the incident when Vettel ignored blue flags and didn't let Hamilton pass? Any official excuse, or was it meant as a "farewell salute"?
2709  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.
2710  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.
2711  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.
2712  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?)
2713  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.
2714  Local / Romānă (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.
2715  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.
2716  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.
2717  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
2718  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
2719  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).
2720  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
Pages: « 1 ... 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] 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 ... 839 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!