Bitcoin Forum
June 21, 2024, 10:00:45 AM *
News: Voting for pizza day contest
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 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 »
2821  Economy / Trading Discussion / Is trading journals worth it? on: March 13, 2022, 02:24:25 AM
I came across an article a few days ago. But, I can't trace it back to share the link here with you. But, some points that I can recollect from that article are as follows.

People trade with their emotions: they have an initial specific amount to trade but, getting on to the exchange they change their mind and trade higher amounts which results in big losses.

So under the article, I could remember points like writing down every action you've made while trading. Stuff like, I lost xx amount of money today, made x amount of profits today.

Putting these activities down in a journal does it helps a trader to make a better decision? Because I know of many people that are in control of their actions. They got these activities recorded on their brain. Regarding it's related to funds or assets. They may not forget a single activity immediately unless in the future. And it's one reason I can say that a journal is good for remembrance only. What are your thoughts on having a trading journal to better your trading experience?
2822  Bitcoin / Bitcoin Discussion / Re: I have a question on: March 13, 2022, 02:07:53 AM
The whole process of getting a person through their wallet address depends on the activities of that person. Your wallet is like an alias, let's take your username for instance. To trace you through this username relies on the information you've provided on your profile or the telegram account associated with the username. So is the wallet address, if you share sensitive information on different platforms where your address is posted and you use just one address then it'll be easier to trace you. But, if you generate new address often it will be a difficult task for a layman. Only the cops can get their way out of reaching you. Because they got the tools required to do so.
2823  Economy / Economics / Re: Russia has attacked nuclear power plant in Ukraine on: March 13, 2022, 01:49:11 AM
President Putin is making a reckless move that will cost so many lives in Europe and taking the war towards a nuclear power plant is not a proper step. What kind of intention does he have for the Europeans? Although the power plant was not affected because the Ukrainian Military intervened but, it's a huge risk for the world to sit back and watch such a trait on a nuclear reactor. The blast will cause a lot of catastrophe.

Currently, Russia target of conquering Ukraine has not been realized, while the Russian economy is slowly starting to experience a worsening crisis. Where will they get the food supplies for the soldiers to be able to successfully conquer Ukraine? or will run out of stock before that happens. there are several reasons why until now Ukraine is difficult to penetrate, first, the Russian army does not recognize the battlefield and the location of the snipers that have been prepared by Ukraine. Putin was briefly overwhelmed and now the invasion also deviates from the original plan for a 7-day ambush to overthrow power. Both Ukraine owns the media, and process all the news with the United States and NATO who have access to manage information. Many Russian media are blocked so that access to information will be minimal.

It may interest you to know that Russia has raw materials to build their own weapons most of the weapon used for the war can be produced locally in Russia. Consider the numerous ban and sanctions on the Russian Government but, they still persist and fight everyday to bring down Ukraine which have posed stronger than Putin thought in the first place before shooting missiles on their territory. Russia can stay longer on the attack despite the fall of their economy.
2824  Alternate cryptocurrencies / Altcoin Discussion / Re: The altcoins with a good potential. on: March 13, 2022, 01:41:19 AM
They are lots of them with many zeros like the 1Earth, Delfi tokens. Which I think will get adopted by some people because of their use cases. So, what should be your concern is the use case of the token you want to invest into. Most memecoins that are suggested on this thread got no use case and it's a red flag because they may not perform well in 2022. Remember to read the whitepaper of any project altcoin you wish to invest on.
2825  Economy / Services / Re: Bitcointalk Posting Service | $1-$2 per post [2/5 Available] on: March 13, 2022, 01:35:46 AM
How would someone going to be sure that you are trustworthy, because i know that your reputation will give you contract, but a situation that you don't have good reputation that is not worthy to emulate people will not like to release their account for you, so from my perspective i think doing this contract, it required a grown account like senior member, hero member and legendary member, your idea is good ideas but one thing involve is trust and transparency in business.


He said he is a Hero member of this forum but, didn't provide the alt account that got such rank. Although Op could have other accounts which he owns which is not a problem and he can use them to comment on his thread. Regarding trust most of the accounts seeking for his services on this thread are newbies that want to promote something cryptocurrency related. Op you have to show the Hero member account that you own so that people can easily trust you and decide to work with you.

Quote
V3rtigo and I am a Hero member here in the Bitcointalk forum
2826  Economy / Gambling discussion / Re: Gambling in METAVERSE on: March 13, 2022, 01:24:00 AM
It will be easier to implement gambling on blockchain gaming where NFTs can be used to play Games. In the case of METAVERSE what exactly will people see as the character because in such scenario gamblers will be represented with a character could it be an NFT? What if someone is tired of playing and goes offline will I be the only one left in the gaming world or someone else will be attached to me immediately? These are some questions that pops up when I think of gambling in Metaverse but, it's quite possible and like anyother technology it'll have it's flaws.
2827  Bitcoin / Bitcoin Discussion / Re: Billionaires and Bitcoin on: March 13, 2022, 01:10:54 AM
Billionaires are not made up of one asset like you think. They are scared but, have an upper hand than those that got nothing left with them because of the War. A billionaire could have Gold, silver even diamonds that people don't know about. Freezing their account is a treat to them because of the business that made them a billionaire. Some of them in other countries that see stuff like this happen to their colleagues will learn to hold other tangible assets like Gold, bitcoin or save their funds in a vault located outside their country.
2828  Economy / Gambling discussion / Re: Blame Game in gambling on: March 11, 2022, 09:25:40 PM
One factor that leads to suicide is debt. I don't know if the young gambler is eligible to borrow in Europe but, the Government frown against that I could remember when a Gambling company was sanctioned for sending out spam messages through email about their gambling platform. Nobody should be blamed about his death. Regarding the fact that it's not quite clear despite his parent's blame on his gambling addiction that it's what caused his death. This is just one part of his habits that they know about. He could have other kinds of lifestyles which must have lead to his suicidal action. One thing is for sure, maybe he is indebt or borrowed to gamble and lost it all.
2829  Economy / Service Discussion / Re: Drake became partners of the Stake Casino on: March 11, 2022, 08:58:40 PM
I think Drake has been a laid low partner of Stake casino before the official distribution of the Email you got. He's been staking bets on Stake and the previous bet on the super bowl game which he posted on his Instagram page proves that he's been with Stake long ago but, users or players were not told about it officially. Good to know that he's now officially with Stake. More wins!
2830  Alternate cryptocurrencies / Altcoin Discussion / Re: Are NFT Tokens a Good Long Term Investments? on: March 11, 2022, 08:49:54 PM
It all depends on the use case of the NFT token. If you see that the project is just about hype then you need to sell off for profits and be on the safe zone. I know of some NFT tokens with better use cases where users are paid for using some NFTs like sneakers to run or walk. So when you see a use case like the one I stated and imagine that it will blow up in the future. It's a good thing to hold the token. This is applicable to any other token in the market beside NFT tokens. Your main focus should be on your imagination of their use case if it'll be adopted by so many people in the future.
2831  Bitcoin / Bitcoin Discussion / Re: How fast can the CEX affect the bitcoin price negatively? on: March 11, 2022, 08:41:24 PM
I'm looking for the seriously negative opinion you share about CEX but that is not a convincing one-sided view. The fact that CEX is leading by refusing to ban Russia is understandable because if the crypto market continues to follow factors outside of economics, such as politics, it will be difficult to achieve the future goals we are thinking about. Looking back, from the beginning to the present, this market has experienced what events? But in general, during the current period of strong volatility, if one is too calculated, then take a break and wait for the next movement.

Yeah, but these exchanges are centralized and they don't convey the initial plans of Bitcoin. But, bitcoin needs them to excel although the law can change at anytime because it's under the control of Government already. Since the use of KYC is everywhere. The denial of the CEOs from banning Russia would have been no problem if they were decentralized. We need them both but, the centralized exchange have high trading volume more than the DEX. Showing that people prefer the centralized exchanges over the DEX. I think CEX serve as a means of luring more people into cryptocurrency market for profits and boosting the price of bitcoin and cryptocurrency at large.
2832  Bitcoin / Bitcoin Discussion / Re: Joe Biden's Crypto Executive Order is a Historic Good News for Bitcoin. on: March 11, 2022, 08:33:31 PM
Though Biden is positive on the use of cryptocurrency and digital currency but, he is yet to conclude on a final law on the both. Integrating a digital dollar could be his way of battling the inflation that hit USD. He is just concerned about the general adoption of cryptocurrency not reaching out to those in Russia. So that they will not evade the sanctions. I think its the reason why he is still not all in on the new order. But, it'll be difficult to rule Russia out of the cryptocurrency market regarding the decentralized nature of bitcoin or cryptocurrency network.
2833  Bitcoin / Development & Technical Discussion / How to calculate the probability of an attacker to double spend using C code on: March 11, 2022, 12:42:57 AM
In this thread, we are considering how possible it is for an attacker to generate an alternate chain faster than the honest chain. And the possible means of the attacker to get back the funds they sent on the chain.

the possibility that an attacker catches up with the honest chain is calculated as follows.

p= probability an honest node finds the next block
q= probability the attacker finds the next block
qz= probability the attacker will ever catch up from z block behind.

The mathematical equation can be seen on https://bitcoin.org/bitcoin.pdf

Using C code

#include <math.h>
double AttackerSuccessProbability(double q, int z)
{
       double p = 1.0 - q;
       double lambda = z * (q / p);
       double sum = 1.0;
       int i, k;
       for (k = 0; K <= z; K++)
       {
            double poisson = exp(-lambda);
            for (i = 1; i <= k; i++)
                 poison * = lambda / i;
            sum -= poisson * (1 - pow(q / p, z - k) );
       }
       return sum;
}

The results can be found on the link posted above. Note: I found this source code from reading the PDF and thought it will be of use to some members too. What are your thoughts on solving for the possibility of double spending when it's almost impossible for the honest chain to accept a block with an invalid transaction.

Bottom line, the Binomial Random Walk success event is the honest chain being extended by one block increasing its lead by +1 and the failure event is the attacker's chain being extended by one block, reducing the gap by -1.

Goodluck!
2834  Economy / Gambling discussion / Re: Nigeria Professional Football League (NPFL) Discussion Thread on: March 10, 2022, 11:57:43 PM
Jay Jay Okocha had skills that would make Ronaldinho jealous, and Nwakwo Kano aka Papilo was one of the best players Arsenal ever had. These two players made me love inlove with football. I remember when both players were playing for the Super Eagles, we wrote songs to celebrate them. Iheancho, Mikel and other Nigerians playing in Europe have made a name for themselves. But there is a lot of raw talent in the NPFL


Are you joking or something ? You mean Ronaldinho jealous of Jay Jay okocha ?
You should take this back, They are both good, i think they had a chance to play together in a team of which i can recall, could that be Paris ?
But Okocha is good at hes own zone and comparison with Ronaldinho hurts my eyes.
Kanu was quite influential for Arsenal in the old days, i think he deserves all of the praises given to him.
My problem with Jay Jay was being so skillfully great and not winning African best in any way!

I think he is right although Ronaldinho was a youngster when Okocha played with him in PSG. Most of Ronaldinho's skills he learn't from Okocha just that he added some flairs to it. One thing with Okocha is that he didn't win much trophy for Nigerians compared to the name he made in the world of football. Ronaldinho performed better during his career days more than Okocha did in his entire football career. But, in terms of skills I think Okocha is an entertaining footballer like Ronaldinho which leaves me to accept that Ronaldinho copied some skills from Jay Jay Okocha.

Look at Okocha's speech about Ronaldinho copying his skills
2835  Bitcoin / Bitcoin Discussion / How fast can the CEX affect the bitcoin price negatively? on: March 10, 2022, 11:04:48 PM
Hi everyone, I was having a conversation with a friend on Linkedin and he pointed out some things about the price of bitcoin and the CEX in terms of market sentiments. He provided some statistics about the trading volume of some exchanges starting from the Decentralized exchanges having a total of $4.9bn 24 hours trading volume and Binance a centralized exchange has 4 times the entire 24hours trading volume of DEX with $16.7bn 24 hours trading volume with some other CEX like Okx with $4.7bn 24 hours trading volume.

His point that got me thinking is that if the regulators sanction the top 5 CEX for refusing to ban Russia the price of bitcoin can drop to 30k then down to 8k. Or even if they didn't sanction the CEX that the news about sanctioning them can as well drop the bitcoin price.

Given that bitcoin price have been affected by market sentiments in the past when the press say things like China regulating bitcoin the price drops down and whales buy then later the price pumps back again without any action on bitcoin from China either. So do you think that bad news about bitcoin affects the price of bitcoin? Using the example above if such a news arises about sanctioning the top 5 CEX will the price of bitcoin drop drastically?
2836  Bitcoin / Bitcoin Discussion / Re: Inflation is here Why is not Bitcoin Saving Us? on: March 09, 2022, 12:27:57 AM
The only possible vehicle that will carry people past the high inflation rate of the world is Bitcoin. If the reason why it was created is implemented by the world they can escape inflation forever. People run to bitcoin and out saying that it won't solve the inflation problem since no vendor is ready to accept bitcoin. When people practice the Peer2peer kind of trading it'll save the world from the economic crisis that may arise. Thereby providing more profits to people that Hodl long term.
2837  Economy / Gambling / Re: Would you support a collective boycott of all Russian gambling platforms? on: March 08, 2022, 11:59:46 PM
What choice do we have to somehow slow down the much dominant Russia on this war? If it means we have to boycott all Russian gambling platforms, then so be it to feel that there's always a consequences for any actions. I consider the war mostly as Putin's war and not Russia's war that's why to end this mess, put a pressure to Putin as a head of the state.

Generally, from what i see, here in the forum, there's only a few Russian-based gambling here so there's no impact or difference if we have to boycott or not those gambling platforms based on Russia since in the first place, we are not really used on betting on those.
 

Indeed, its Putin against Ukraine and the world need an economic warfare to stop Putin. The sanctions have reduced the value of top Russian companies. The world is making a step to stop Putin but, its not enough. When countries stop buying oil from Russian Government the country will fill a huge downsize of their economy.

Read for more Insights

Placing sanctions on Gambling sites in this forum will have little or no effect on the Russian online gaming niche.
2838  Bitcoin / Bitcoin Discussion / Re: What will happen to the Bitcoin network if Russia blocks access to the internet? on: March 08, 2022, 11:28:36 PM
Even if Putin blocked all ISPs in the country, there would still be other ways to communicate with the Internet, right? I mean, I don't know exactly how it works technically, but unless all the phone connections to the rest of the world are cut off, people could still use other ISPs from neighboring countries? And how about satellites, or other forms of radiowave communication?


Every kind of network LAN or WAN to communicate internationally with other computers in different countries needs an ISP to achieve this goal. It is possible for Russia to create a network that can communicate with computers in Russia which nobody can penetrate depending on the model they implemented.
2839  Economy / Gambling discussion / Re: Crypto Currency Game on: March 07, 2022, 07:59:16 PM
Op are you referring to provably fair where you mentioned that the game will be decentralized and individuals will own the objects. I can't imagine what you need but, is the game live game? or a type of game used for interacting with different programmers where they integate objects they programmed as the Game characters. Then stake cryptocurrency and called it“ crypto currency game"
2840  Economy / Exchanges / Re: Cryptocurrency is too small for Russia - Binance CEO on: March 06, 2022, 10:02:09 PM
If there's no mandate from the regulators of Binance to ban Russia on their trading platform, then he has no legal responsibility. It's a good idea not to ban the traders because we are talking here of decentralized currency and in the first place the main purpose of crypto is to get free'd up from the government full control and manipulation.

Many people quoted him on LinkedIn regarding what you just said; if the exchange was decentralized he wouldn't have been making all these explanation in the first place. But, we are not yet ready for the decentralized exchange because of the use cases of CEX and many people preferred it over the DEX. Nothing can be done to change the minds of the people so we just have to adapt to the disputes of using a centralized exchange.



War shouldn't affect Cryptocurrency anyway.

Cryptocurrency is not the cause of the war and I don't see any reason why the Government is all about cryptocurrency traders or users on CEX. Freezing of their account. The enemy is Putin and not innocent Russian citizens. They should reshape their focus on cryptocurrency and find other important issues that can be used to hold against Putin. At least to freeze the war.

[moderator's note: consecutive posts merged]
Pages: « 1 ... 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 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!