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281  Other / Beginners & Help / Re: The Importance of inviting Newbies to Bitcointalk on: September 10, 2023, 11:23:39 PM
But let's all be realistic. The signature campaigns and contests keeps the forum active daily giving every members a way to share their knowledge and driving them into having a reason to continually use Bitcointalk.
Let's say just like a car that won't move far if it doesn't have gasoline.
It helps to sustain your expenses while you are here just like the electricity bill and your internet bill.

But newbies shouldn't think first about the profit/benefit and shouldn't not only the reason why they are here.  It should be a determination to gain knowledge and improve skills while they are here.  Because IMO, the more you are eager to make a profit will have to idea of cheating while you are here which probably ends up destroying your account once you've caught it.

Anyway, encourage someone is a good idea to join here in the community but there's no reason to force them if they will not.
282  Economy / Trading Discussion / Re: Bitcoin transaction on: September 10, 2023, 12:06:56 AM
Double spending the transaction from the senders end is the only way out now just like you have started but the problem now is, he can only do that if he is not sending from an exchange or any of the wallet that is cannot be imported into electrum
I tend to agree if the wallet sender supports RBF that would be a great option to boost the transaction using double spending but if on exchange there's nothing he can do but wait until it is confirmed.  It's two weeks have passed and eventually, if the transaction does not push through in 14 days, it will drop from the mempool and back to the sender's wallet.  I think OP needs a few more days before that will happen since it was already 14 days have passed.

We should always check the mempool space for the transaction fee if you're in a hurry and don't use below 10 sat/vB fee for transactions because it will eventually stuck and you need to wait a couple of days.   Use a high fee if necessary for convenient transactions based on mempool space transaction status.
283  Alternate cryptocurrencies / Altcoin Discussion / Re: What would you say makes an Elite Trader stand out among others? on: September 08, 2023, 11:45:56 PM
I recently saw a CEX actively recruiting Elite UK Traders. Does anyone care to shed some light on that? It sorta looks fun and engaging to me, like something I would want to try out
Can you name what CEX it is?
One reason could be the marketing strategy why would they do that, they're looking to attract traders who can bring liquidity and contribute to the exchange's trading volumes if CEX is new to the trading business.

It could be they offer copy trading for the elite traders so that they can stand out among other traders.
Just try out if you want to, but make it sure the find you will use is the amount that you can afford to use.
284  Other / Beginners & Help / Re: Be careful messing around with default settings. on: September 08, 2023, 11:32:11 PM
IMO, let it be into default rather than having mistakes in exploring the forum. Cheesy
If you're a newbie might be good but if you'd already established your account seems valuable to you, I don't.

The BPIP browser extension also has many features that you can open aside from the forum features.
IMO, this isn't a necessary feature if you read and understand the OP's topic first before interacting discussion.

But anyway, thank you for sharing this.
285  Economy / Economics / Re: To afford personal education or a property? Where to allocate funds? on: September 05, 2023, 11:57:58 PM
IMO this depends on your specific goals and financial situation.  So if your primary goal is to maximize your income potential and career opportunities, investing in education may be the right choice, and pursuing a higher degree can lead to personal growth and development, expanding your knowledge and skills which your education typically doesn't lose value over time, unlike some investments like real estate.

At the age of 30 onwards, should you have your own business for the long-term purpose, the skills that you have you can use in your business that suit your skills.
286  Bitcoin / Project Development / Re: New Wallet for Crypto Gaming and Gamers on: September 05, 2023, 11:25:18 PM
One of the most challenging parts of running an open-source project is monetization. It is hard to tackle, but I have some ideas. The wallet software can be open source, and I believe I can find some creative ways to create premium services for pay.

First, I must validate this idea with more crypto-gaming communities.
There are a few successful open-source projects that have found ways to sustain themselves while keeping their core software open and free.
Though it can be indeed challenging to monetize an open-source project like wallet software, but IMO, it's not impossible as you have these transparencies and securities, the last part of which is building trust in the community would be a great idea.

Anyway, it seems this is a good proposal of yours, good luck and hoping for your success.
287  Bitcoin / Bitcoin Discussion / Re: Share Your Bitcoin Hack Stories: Help Us Educate and Protect! on: September 05, 2023, 10:59:12 PM
Calling all Bitcoin enthusiasts! I'm writing articles on safeguarding your precious BTC from hacks. If you've been a victim, please share your experiences below. Your stories will empower others to protect their investments.

 Let's strengthen our crypto community together!
recent arrival to my bitcoin forum. Still, I consider myself very lucky. Because so far I have not been a victim of a Bitcoin scam. But I hope I will not be a victim of such fraud in the future. That's why I am following everything from experienced already. Hopefully in the future I can make a success out of scams.
I've read all the comments above and usually, forum members do not get hacked, others might experience hacking but it was since they are a newbie.  The same on my side, I never get hacked and I'm lucky that I'm a part of this community where I am always aware of the possible hacks and how to avoid them in the future.  Those people who have been hacked might be because they're new to this crypto world.

As long as you are technically knowledgable I think you are far from that hack, scam, or even fraud.
288  Bitcoin / Wallet software / Re: [WARNING] Infamous Chisel (malware) steals crypto wallets data! on: September 04, 2023, 11:59:07 PM
Thanks for the heads up.

We shouldn't use apps from unknown sources and this proves that using mobile isn't safe at all when it comes to the crypto wallet or any valuable stuff, it's always prone to malware infection since we usually use our phones daily.

So this could be sent through links right?
As I can see this article it seems there are too many ways you might be affected.
289  Bitcoin / Bitcoin Technical Support / Re: Bitcoin transaction pending for 5+ days on: September 04, 2023, 11:21:20 PM
If not will they be dropped from the pool in 21 days?
Where did you get the 21 days from?
By default, transactions are dropped from the mempool, if they stay unconfirmed for 14 days.
(Nodes that have dropped unconfirmed transaction from their mempool can receive them again, if they are rebroadcasted.)
Sounds frustrating if you'll wait this long.
I just wanted to know if those paid services of Bitcoin transaction accelerators will help in this case like ViaBTC since it has many partners in a mining pool.

..if it does not confirm in the next 9 days, will simply contact the sender after.
He is a reputable member of the other domainers forum and I hope he will not make the same mistake in the future.
Next time you should wait at least 3 confirmations before making such deal, it's a safe indication that you are making a good transactions but anyway since it was a reputable buyer, it might worth it to wait.
290  Bitcoin / Bitcoin Discussion / Re: What could be All time high for Bitcoin for all time? on: September 04, 2023, 10:59:36 PM
I was wondering that people are saying, Bitcoin will always make higher highs but I was thinking that maybe it should go it's all time high and never go back it's all time high because there is a treen fo everything but still Bitcoin trend hasn't been started though.
No one can tell when it will happen if you know how the Bitcoin price trend plays and how the price volatility plays on the market.  The demand and supply make the price become volatile so you can't maintain the price on its position.
It should be patience and a long-term perspective often yield the best results, as the market can be unpredictable in the short term.

Since it's unpredictable, IMO it should be patience is key for those holding Bitcoin, as market cycles can be lengthy, and profit would not come up in a day holding of Bitcoin.
291  Other / Beginners & Help / Re: Scammers won't mind kicking those who are already down on: September 04, 2023, 10:49:52 PM
They are willing to exploit the vulnerability or desperation of others and they may not care about the harm they cause as long as they achieve their goals, to steal money.  This might be taking advantage of those people who really seeking hope to get back their lost funds from FTX.  As we can see, they have different tactics used, and as awareness of certain scams increases, they may develop new methods or variations to always have a victim.

That's the reason why if I have an email account that has been compromised I quickly change any of my accounts associated with it for security reasons.  This means that your email account has been compromised by scammers.
292  Economy / Scam Accusations / Re: Scammers sending messages of trust wallet verification. on: September 03, 2023, 11:46:01 PM
Be careful how you click links of such nature in your mailbox so as to avoid hearing stories that touches the heart.
I tend to agree and that's indeed right, especially a message that comes from your spam box.
I usually ignored that message sent to my mailbox and avoided clicking it, it's an old trick by scammers that until now still people get fooled.

By the way thanks for this warning.
I think IMO you need to double-secure your email account now or change any important accounts associated with that email account.
It's likely a compromised account for me when we received a suspicious message.
293  Economy / Speculation / Re: What if there is no crypto bull run for next 10 years ? on: September 03, 2023, 11:30:52 PM
There will be a lot of things happening in 10 years - of course it's still hard to predict, but I agree with some of your assumptions. Uncertainty in value, regulations and laws as well as several other things will affect price volatility in the long term. However, we can learn and believe in one thing, namely; Bitcoin is an asset that is in high demand among modern society because its use cases as currency, investment assets and will have wide adoption cases as time goes on. This can guarantee a better future so the price can be expected to be higher over time.
That's indeed what I meant.
The shifts in demand influenced the price volatility of Bitcoin and it's true that Bitcoin has demonstrated its value as a versatile asset with use cases ranging from a digital currency to an investment vehicle, and it continues to gain adoption which I believe IMO will continue gaining adoption that result of continue hiking the price.

The sad thing is our interpretation of Bitcoin adoption is to make a profit which is not the creator's purpose of creating Bitcoin.
It's a tool to alternate cash and the purpose of no one controls it even the government, but here we are holding it for storing value.
294  Other / Beginners & Help / Re: What are the procedures to follow when I want to invest? on: September 03, 2023, 11:04:34 PM

I have came across some questions today while I’m reading some areas of bitcoin, these are the list of my questions.

1. What is the procedure for purchasing and selling Bitcoin, and are there any crucial elements to take into account before beginning?
Great, you've shown interest in how Bitcoin works and how to invest in Bitcoin.
There are too many crucial things that would happen upon purchasing Bitcoin so I highly advise you to have the knowledge of it first before putting your money as an investment, read those pinned posts in this section and you'll find out many answers to your questions.

Quote
2. I'd appreciate an explanation of how Bitcoin mining functions and how it maintains the security and reliability of the Bitcoin network.
I think you need to understand how Bitcoin works from basic information in reading the Whitepaper.

Quote
3. Why is using Bitcoin better than using conventional currencies?
It's a well-said in the Whitepaper if you've read it already, the purpose of why Bitcoin was created.
One thing that surely I've known, it's a purely decentralized currency.
295  Economy / Exchanges / Re: Where to purchase bitcoin to avoid being a victim of fraud on: September 03, 2023, 10:51:18 PM
If your aren't comfortable with local crypto merchants, your only possible options are to go with KYC platforms such as reputable centralized exchanges, peer2peer platforms which offer competitive rates to your liking.
Nowadays, it's a part of legitimacy to undergo the KYC if your concern is to avoid fraud.
Because a reputable centralized exchange serves as a middleman of the transaction no one can commit fraud, that's how you can weigh the privacy vs. the security.

But beware of the instant exchange or a platform that uses another third-party exchange, they usually have higher fees than a normal exchange. 
Fraud is everywhere if you've got an outside transaction, choose a legitimate exchange that you can find here in the forum.
296  Bitcoin / Bitcoin Discussion / Re: Why I choose Bitcoin (and you'll must choose it too) on: September 03, 2023, 10:26:09 PM
You can see more predictions on the Speculation board similar to this.

I tend to agree with this since I'm a crypto enthusiast and everyone here does the same.
But a bull run will usually take effect 6 months or 1 year after the Bitcoin halving happens, do you agree with this?

But my question is, are you ready for the upcoming bull run?  Have you already accumulated a large amount?
297  Economy / Speculation / Re: What if there is no crypto bull run for next 10 years ? on: August 29, 2023, 11:54:39 PM
What if there is no crypto bull run for next 10 years ? Will you give up all your investments and get out of crypto because of this ? Or do you you have even more broader horizon and can wait longer to see the next bull run ?

Personally, I am very much positive with bitcoin future but we should also be prepared for all situations. Nothing can be guarantee in present times and we must also be prepared for worst situations.
10 years?  That's impossible.
Try to look at the market history, there is usually a bull run right after Bitcoin halving, it could be in the next year when halving occurs.
It's proven by the market history and I believe that the price of Bitcoin will repeat itself.

However, IMO having a broader perspective and a long-term horizon can be beneficial and some investors believe in the fundamental value of cryptocurrencies like Bitcoin, which extends beyond short-term market fluctuations.
298  Other / Beginners & Help / Re: NEWBIES: Balancing security risk. on: August 29, 2023, 11:29:12 PM
We shouldn't stay at our personal comfort level with security practices playing a role in finding the right balance.
People will choose centralized exchange over having a hardware wallet to store and protect their coins.  Because for them it's easy to access while using these centralized platforms.

Being paranoid about your funds can also lead to losing them, adding excessive layers of encryption without a clear purpose can indeed increase the risk of losing access to your funds.  Each layer introduces a potential point of failure or a hurdle to accessing your funds.
Therefore, it's important to keep your security measures streamlined and well thought out.
299  Economy / Trading Discussion / Re: My trading stradegy on: August 29, 2023, 11:11:45 PM
Ain't good at trading and I didn't try this strategy you've said, so my advice is don't forget to include in your plan the stop-loss which is very helpful when you experience a massive loss.  You should have this good technical analysis based on your stop-loss levels on key support or resistance levels, trend lines, or other technical indicators that are relevant to your trading strategy.

If i trade but now due to financial problems i can't trade so much and don't have enough funds..
IMO, it's important to prioritize your financial well-being over trading, especially if you're facing financial problems and don't have enough funds.
My advice is to put an amount that you can afford to lose.
300  Other / Beginners & Help / Re: Just Learnt About A Major Risk Involved In Stable Coins on: August 28, 2023, 11:59:56 PM
This forum is really helpful I must confess.
That's indeed right and I tend to agree that you'd become knowledgeable and full of awareness while you are here in the forum.
This community is good for learning about crypto.

Stablecoins are not designed for long-term growth in the same way that many other cryptocurrencies aim to appreciate in value over time. However, this stability can also be a valuable feature for investors looking to preserve their wealth without being exposed to the extreme price fluctuations associated with more volatile cryptocurrencies.  So, isn't a pretty good idea to hold a stable coin but yes, it's useful in trading activities.  It's frequently used for trading purposes and traders can swiftly move in and out of positions by converting their holdings into stablecoins during times of uncertainty or market fluctuations.  So basically, stablecoins are commonly used to provide liquidity in decentralized finance (DeFi) applications and platforms, allowing users to earn returns on their holdings, not intended to hold them for a long term.
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