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2921  Bitcoin / Bitcoin Discussion / Re: How to Make 10 Million BTC Wallet Per Day on: May 12, 2023, 10:52:03 AM
I need to make 10 Million BTC Wallet Per Day ( dont ask why ), creating 10M wallet manually Take so much time, How I can eaily make 10 Million BTC Wallet Per Day ? FASTEST Way?
Each wallet must be created with complatly a new Private key.

The simple answer to your question is do it yourself. Learn computer programming and then write your own scripts to generate that many wallets a day. You'll definitely need a beefy setup to create that many wallets a day. You should also keep in your mind that the thing can only be achieved if you know programming very well.

If you are not good at programming than your best bet is to find a good programmers on freelancing sites and let them do the work for you. You must remember that the programmers will take a lot of money to create such programs for you. You can get some inspiration from bitaddress.org as that will be a helpful site for you.

You can also try some Bitcoin wallet generation libraries as they will be helpful for you. You can use BitcoinJS library as a base for your script and if well programmed then you'll be able to generate 10 million wallets a day without a problem.

It's not worth it to ask you that why you want to create so many wallets a day, but I would warn you if your intentions are not positive then you'll be responsible for the harm. If you intentions are good and you're doing it for development purpose than it's okay.
2922  Economy / Economics / Re: Interest Rate, Inflation, Debt vs Bitcoin in US on: May 11, 2023, 06:13:41 PM

Is this what we should go for, where the government debts on interest rate is not encouraging and every payment made on this is almost equivalent to the national defense expenditures in US,  there's no significant improvement than things getting worse than expected in the economy


It's true that United States utilizes most of its expenditures on national defense and as a result the economy isn't progressing very well these days. But, it's still United States and it's among the best countries in the world. People dream to move there to pursue their careers and live rest of their live in
that country. Many industries including Silicon Valley are known as the revolution makers belong to this country. In order to be strong in defense they have to spend good money on their defense systems and that might affect the life of the citizens who live there.

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isn't giving it an alternative to financial economy with bitcoin going to make some difference, El-Savador has tried doing such and things were getting better than worse ever, but US has been into this for a while revolving round thesame axis without tangible result on inflation and the financial economy advancement.

Bitcoin offers some really good futures that the fiat currencies do not offer. but you should also keep in mind that Bitcoin is highly volatile and that's a drawback if you use it in place of fiat. Although, using it alongside fiat is a better option. but most countries don't even allow using it legally. I know that  El Salvador has added it as a legal tender but still it's too early for a country like United States to do the same.

You should also keep in mind that Bitcoin can not make an economy financially stable and that wasn't the purpose behind its creation. It's just a digital payment system and you can use it for transactions and purchasing of goods, etc. Inflation in an economy can only be controlled by policy-makers and democrats that hold the power of decision. A currency can not promise suppression of financial crisis or inflation.
2923  Economy / Trading Discussion / Re: The Importants of PSYCHOLOGY in a trader on: May 11, 2023, 04:08:09 PM
Overcoming greed is most important thing in trading. Just use the amount of money that you are able to afford to lose for trading. Do not use leverage that can lead to fast liquidation of your trading fund. Going less than 2x leverage can be better.

I agree with you because it's the greed that empties the portfolio of a trader. We humans are emotional beings by nature and in trading some people get affected very adversely by the emotions that they put all their money into trading without gaining proper understand about markets. The greed is the main destructive factor in the case as a trader when earns some profits thinks that in few days the trading will change their life and make them rich.

That's why they put all their savings into trading without getting familiar with the risks that one must have to understand before jumping into trading. There are some over greedy traders who are so naive in this case that they leverage blindly and lose their capital. Leverage is the riskiest thing for a trader, it holds the power to liquify the whole capital of a trader.


2924  Bitcoin / Mining / Re: Miners Should Consider the Lower Transaction Fees on: May 11, 2023, 11:35:40 AM
The hike of the mining Fee in the blockchain is not a new thing in the forum, in fact, it is the trending news in the forum and offline. My simple question is that why the Miners increase the Mining fee and generalize it to everyone both who what to transfer small unit of bitcoin and those who want to transfer big unit are all the sharing the same transaction fees. Why?

Actually, the miners have limited powers and they can not increase the fee. The fee is basically set the by the one who executes the transaction. As you know that due to Ordinals the Bitcoin blockchain is currently congested and there are many transactions in queue. In order to execute the transactions the user has to select very high fees.

The block size of Bitcoin is limited to 1MB and because of that a miner can execute limited number of transactions in a block. The miners on other hand are dependent on the fee set by the one who executes the transaction and if the fee set is higher than others the miners would love to add that transaction into the next block. Miners are also adding the transactions in the blocks to earn money and the higher fee is a blessing for them.

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The matter now is getting out of hand because people are getting starve because they can't collect their coins and sell it to feed. Miners should consider the category of transactions. Let the lower transaction should be charged less and the very big whale transactions should be done according to the unit. Don't equalize everyone as one and charge them equal.

That is only possible is miners are willing to add the transactions with low fee into the next block which is unlikely to happen as miners prefer higher fees because their main goal is to generate as much revenue from mining operations as possible. That would be a great thing if miners give preference to the transactions with lower fees but unfortunately that's going to happen anytime.
2925  Bitcoin / Mining / Re: Bhutan Kingdom is looking for Mining partners to expand their project on: May 10, 2023, 09:23:15 AM
Bhutan has revealed to the world, why they leaked the secret they've been withholding from the world and their citizen. Bhutan has been mining bitcoin since the price was at 5k with their extensive hydroelectricity a kind of renewable energy that is gotten from flowing water. The country mined bitcoin secretly and made money, when asked why they leaked the secret, they mentioned that their goal is to increase the country's economy by attracting more hands or partners to their crypto mine project that'll help in improving the hydroelectricity form of mining bitcoin.

I always thought that they might be doing something to stabilizes their economy but I never thought that they may be doing Bitcoin mining in their country. Well, other than being a Carbon negative country they have put their energy resources in best use by utilizing it for mining of Bitcoin.

The best thing they have done for investors is so far by revealing the secret of their mining operations. I think that place is highly suitable for running huge mining farms and the investors who invest in their mining operations will earn good revenue form the investment. And, the miners who want a cold enough place to run their farms should definitely invest in that country.

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Bitcoin miners would find it a good partnership considering the nature of the country; monasteries, mountains, fortress, and its green energy.


I agree with you, the partnership will be beneficial for both parties. The country will be able to add more mining power in their operations and the investors will earn a lot revenue with their investments. Such partnerships are rare because very few countries need investment in mining operations and most countries can't even fulfill energy needs of their citizens.
2926  Other / Meta / Re: Knave! Masquerader! Charlatan! (SMF easter egg) on: May 10, 2023, 08:06:27 AM
An updated and easier version for the English speakers.

Code:
rogue! impostor! fraud!

By the way if someone tried something suspicious than the words suit that person very well! That's why never attempt such things that could add those words in your portfolio.  Wink
2927  Bitcoin / Bitcoin Discussion / Re: Bitcoin Ordinals on the edge of getting canceled on: May 10, 2023, 07:25:08 AM
That would be a great step taken by developers if they agree to cancel the ordinals because there isn't a need for such protocol in Bitcoin blockchain and it's just an extra burden on the blockchain. The useless tokens and NFT's have no place in the Bitcoin blockchain and developers should definitely take some actions to prevent those useless protocols.

I believe that it's a great move if accomplished because it will reduce the burden on blockchain and the transaction fees will be fixed with the implementation. The ordinals are just a way to spam the blockchain with useless transactions and there is no need for such things in Bitcoin blockchain.

Well, that depends on the preference of a users if someone is willing to receive Bitcoin payments straight to his/her exchange account then there isn't anything wrong in that approach. The disadvantage that I can currently think of is the withdrawals that the exchanges can put on. Without their permission the user can not withdraw the bitcoins and that's a huge drawback. Other than that I don't think that anything is wrong when someone takes payments directly into the exchange accounts.

Even in some cases it is the preferable choice for the payments as it's very easy to exchange the bitcoins into stable coins through the exchanges. And, with p2p trading one can easily withdraw that money into their bank account without any worries. But, if someone is strongly against exchanges and don't want to be controlled by anyone then it's better to withdraw the funds in his/her personal wallet.
2928  Economy / Trading Discussion / Re: Futures trading and spots trading explained briefly on: May 10, 2023, 06:44:14 AM
I think future trading is just like betting. You make predictions whether the price of token increase or decrease. If your prediction become true your capital token will increase. If it goes wrong you token quantity will go down until it hits stop limit or liquidate you.

I agree that futures trading does involves predicting the future price of an asset and there are risks involved in that and the biggest risk is the liquidation. But, still it's not correct compare it to betting which is totally a different thing. Futures trading involves buying and selling of real assets in this case crypto-currencies and they have some kind of regulation involved while on pure gaming you are just betting to win and there aren't any assets involved in that.

While it's true that futures trading does involves some risks but the gambling is purely a risk in which either you win or lose. With futures trading you have option of cross trading and isolated trading and leveraged can also be set. In a case of sudden price increase if you have put a trade on shorting you can control that with hedging techniques but in gambling there isn't anything that you can do if you face a loosing bet. 
2929  Economy / Trading Discussion / Re: Best Place to buy Physical Gold on: May 10, 2023, 05:40:08 AM
I know this is an awful place to ask this question but please know that I am also bitcoin holder. Do any of you buy physical gold where they ship it to you and if so from where? Just throw me a link to the spot and I'll do my research from there. There just seems to be alot of places to choose from and not all can be trusted.

Your best option is to find a good gold dealer in your own local town or city and then visit them personally. If you aren't good at judging the quality of gold then take someone with you who is expert in that regard. You should also keep in mind that most gold dealers in your city may sell it in the form of jewelry, and in order to get it in brick form, you must have to convince the dealer that you are buying it for a good purpose.

It's always better to ask your relatives or friends who have bought gold before from dealers of the city or country where you live as they will be very helpful for you in that regard. Those who have already bought gold are better aware of dealers and they might suggest you a good and trusted dealer. You can also request them to visit with you if you're not good at judging the purity of Gold as those people know the quality better than the ones who are new in the field.
2930  Economy / Trading Discussion / Re: Technical Analysis (TA) & Macro Fundamental Analysis on: May 09, 2023, 09:16:58 PM
I really appreciate the effort that you put in compiling the post. Your technical analysis seems genuine and I would also go with 27126 or 27095 as support levels. The price of Bitcoin is surely aiming towards upper positions and it can in a sense cross the barrier of $30k once again. But, there are some hurdles in the way of that price range.

Although, your technical analysis is very good but still things are currently not favoring Bitcoin because of those high transaction fees that are mostly caused by introduction of BRC-20 and ordinals. If the fee remains such high than there are chances that the Bitcoin's value will go further down than that support levels.

I don't think that the Ordinals protocol is going down anytime soon. If the situation remains like this then the network will be highly congested and the fees will be very high and because of those high fees many people will dump the Bitcoin on exchanges by bulk selling. And, if that happens then the price will be highly affected.
2931  Bitcoin / Bitcoin Discussion / Re: Crypto Awareness: Bitcoin logos on T-Shirts on: May 09, 2023, 08:56:34 PM
He has done a wonderful job by promoting Bitcoin in his country in the form of designs on t-shirts. Such initiatives are very important in promoting Bitcoin in areas where people aren't well aware of the technology. He's truly a Bitcoin lover and his love for crypto-currency can be seen in those t-shits.

I really appreciate the efforts of the guy as such steps are important in promoting awareness about Bitcoin in a community. Even if Bitcoin is banned in the country but still he's selling the shirts with Bitcoin logo and designs on them. The day when Bitcoin becomes a legal tender in the country, people will admire the efforts of this person.

Bitcoin should be promoted by everyone in those areas where people aren't aware about it. The innovation can bring so many opportunities to the people of those areas. Many of those people can be financially stable if they adopt Bitcoin. It's truly a valuable coin and anyone who promotes it is also very valuable. Thumbs up for the guy!
2932  Bitcoin / Bitcoin Discussion / Re: More Calls for Bitcoin Adoption Amidst Transaction Challenges on: May 09, 2023, 03:32:40 PM
Transaction issues are temporary, it will go away in some time. But considering how US is taking actions against crypto companies since last couple of months, I don't honestly see a green light at the end of the tunnel.

I agree the US is trying its best to suppress all the originations, exchanges, and other bodies that are somehow connected with the trade of Bitcoin or are providing Bitcoin to US citizens. But, states like Florida and their citizens are favoring Bitcoin and in that matter the Federal government will definitely interfere with them.

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I understand that US has a federal structure, but do the states have power to ignore a government controlled currency system? I am not sure but it seems states do not have an option here. It's good to see that call for adopting Bitcoin but avoiding CBDC, doesn't looks like an option for the state government and also for the citizens.

No, the states can't ignore the US dollar because they don't have that power. The constitution of US grants the complete power to congress and only congress can make a currency and regulate its value. As you know that US dollar is currently the official currency in all states and that's the reason that states can 't restrict its usage.

The states have limited powers in this regard and they can only increase the taxes to some extent on dollar but they have no power to create or declare their own currency. And they also lack the power to refuse the US dollar as payment for debts or taxes etc.
2933  Bitcoin / Bitcoin Discussion / Re: Why BTC Transactions Fees are Skyrocketing? on: May 09, 2023, 11:14:12 AM
Those BRC-20 token are so useless that I can't describe their uselessness in words. That's a new propaganda to reduce the adoption rate of Bitcoin and unfortunately those people have found a way to add such useless protocol to our loveable Bitcoin blockchain.

Due to such useless tokens worse than meme coins of the Bitcoin era have taken the fees so high that it became difficult for a normal user to send Bitcoin. I don't how but we must have to find a way to get rid of such useless tokens otherwise it will be difficult to send or receive bitcoins with those high fees.

Other than BRC-20 now those scammers found another protocol ORC-20 that could disrupt the rate of transactions further. If things continue this we than we will have to face the consequences for a long time. The ORC-20 protocol can further add to the increase of transaction fees. There should be a way to manually stop those useless protocols.
2934  Bitcoin / Bitcoin Discussion / Re: Will Aliens accept BTC, What about newborns? on: May 08, 2023, 06:34:06 PM
Let's say we run into some other species will they accept a 95% premined supply?
Yes bitcoin is 95% premine to anyone coming into contact with it for the first time today.

Chances are they are more advanced than us let's say

Do you think the aliens will accept bitcoin

What about newborns?

Nice question! And, the answer to this question is a big no. They will not accept Bitcoin or any other currency that's created and traded by humans. If aliens are as physical as humans then they might use some form of currency for exchange of goods but only if they have as many senses as we humans have. Otherwise, they might not be able to trade like humans.

Other than that, it's still not proven by science and technology, that those beings really exist. They are mostly part of the fiction novels and entertainment serials, and other than that there isn't any good theory regarding their existence. Let's suppose if there are aliens and they are as physical as humans then why should they accept something that isn't useful for them? It's a fact that Bitcoin is very useful for humans but even in planet Earth no other species are interested in Bitcoin other than humans.

Even if the aliens are present someone in the universe we still can't say that they are good at the technology that we humans have. No one can prove that aliens can be as intelligent as humans because the homo sapiens are the most advanced species currently present in the universe. In this date and time it is really hard to prove the existence of aliens even if they are shared in the form of recoded media such as pictures or videos.

In this time the AI generators can generate any kind of Picture with simple prompts, and trust me it can generate very high quality photos of aliens. One of those AI based image generator is named as Midjourney that can create very realistic photos within seconds. You will be amazed with the quality of those generated photos. That's why it's very difficult to prove the existence of aliens in today's time.
2935  Economy / Trading Discussion / Re: [Free tool] Find triangular arbitrage opportunities across 250 trading pairs on: May 08, 2023, 05:27:17 PM
The tool has been simplified a bit, and new exchanges/coins have been added.

Oh my friend! This thread is almost dead and you're replying in this trade after 3 years. What made you to reply in this thread? Are you the OP of the tool and somehow lost your old account? Or you might be someone who is eager to update people about the things they have forgotten?

Anyhow, the most important thing is that arbitrage trading isn't profitable and many people will lose more with the fees. It isn't simple to transfer a coin from one exchange to another. The fees and the time we wait for it to arrive at another exchange would fail the arbitrage opportunity.
2936  Economy / Trading Discussion / Re: I found a trading strategy that blew my mind! on: May 08, 2023, 03:17:57 PM
I found a trading strategy based on the CME premium and it looks like it's very accurate.

Explained here: https://www.youtube.com/watch?v=T8uUm6p5wlc

Are there any loopholes in here? What do you guys think?

I watched the whole video and I must say that the indicator promises some good winning trades. But, still I would definitely say that this indicator is not 100% a workable charm for Bitcoin if that is the case than anyone who may use this indicator will become rich in a year.

It certainly is a good video about a promising indicator but it has flaws and one of them is constant bull market. This indicator might only work when the market is stable but when bull market has high intensity than no indicator can promise winning trades all the time.

I also found that the guy is claiming that he's the one who discovered this indicator and that might be true but still I can't trust such claims as no one can prove that he/she is the only one who knows the working state of the indicator and not others.
2937  Bitcoin / Bitcoin Discussion / Re: Bitcoin Fees, Nodes, Ordinals Inscription and way Forward on: May 08, 2023, 11:59:58 AM
Those ordinals are absolutely useless for anyone and I don't know why people are still trying their best to bring NFT's into Bitcoin blockchain. It's because of such people the bitcoin network fees are increased and many users are getting affected by those higher transaction fees. I don't think that those ordinals can bring anything good to Bitcoin blockchain rather than bringing higher transaction fees.

Those people who are still behind that NFT propaganda are just introducing such technologies to loot the innocent people. There is nothing called NFT in art world unless it's a physical piece of art created by a unique artist but in this case we are seeing bunch of artworks that have been generated by AI image generators and are of no use.

Anyone can create those NFT's or in bitcoin network called ordinals out of thin air with just few prompts to increase the pressure on blockchain. These useless ordinals are causing more harm than good to the blockchain because there is no need for such protocols in Bitcoin blockchain. I wonder how can we protect the blockchain from such useless protocols?
2938  Bitcoin / Bitcoin Discussion / Re: When using Bitcoin to make purchases, do you feel bad? on: May 08, 2023, 10:40:11 AM
Hey, your consideration of Bitcoin transaction was a good choice my friend. Don't feel uneasy when purchasing with Bitcoin because that thing is a old thing now the scenario is completely different. I know that Bitcoin is still highly valuable as an asset but that shouldn't stop someone from using it for purchasing of goods.

Well, for a minute just forget about the future live the current moment if the things you're purchasing with Bitcoin are necessary for your current time then don't think about future, just purchase the goods right now. If your main intention is to invest in Bitcoin and hold that investment for long periods than that will be a different scenario. In that scenario you should focus on accumulating as much bitcoin as you possibly can.

If you can purchase things with your stable coins than that's also okay as long as you feel comfortable about your purchases, you are doing well with your money. If you have the option to spend stable coins for purchasing of goods then you should not touch your Bitcoin otherwise you can use it for transactions without any issues.
2939  Economy / Services / Re: I am hunting for a job on: May 08, 2023, 09:45:38 AM
Hi

I am currently in need of a job and thought to give it a try on this forum trusting for some positive results.

I do have the following skills: Graphic and UI designs, content writing, email marketing and technical proofreading.

Thank you.


First of all, I would like to welcome you in this amazing forum. Now that you are asking for our recommendation we would love to help you in your journey. You have good skills and you can utilize those skills by offering services and taking part in contests in this forum. Within a few weeks from now you will learn a lot about this forum if you engage in activities of the forum.

I would recommend you to offer your services for free in start to get some reviews before pricing them. That way you will get some good reviews from reputable members and those reviews will help you in getting clients. Other than that you can also try to take part in bounties as that will help you in getting some initial offerings.

You can also join freelancing sites and from those you can also earn some revenue with your skills. Other than that you can also try to apply for contests on different websites. If your skills are of top level than you'll be selected as a winner.
2940  Economy / Economics / Re: Dedollarisation fails before starting, Russia and India halt rupee trade on: May 07, 2023, 04:47:14 PM
I agree with you, I don't know why everyone is going against the dollar and they just want the dollar to lose its value. Quitting of dollar doesn't makes sense because it's currently the internationally acceptable currency and can be used anywhere in the world without any issue. It's the most useful currency out there and without it I can't even imagine that how would they do trades. Their own fiat currencies can be used bilaterally but that currency won't be acceptable globally.

Well that was a pretty bad decision by Germany and their printing devalued the currency very badly. Their idea of printing infinite amount of notes worked against their plan and in order to purchase any thing they would have to carry many bundles of notes in bags.

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The chances of more countries using their useless fiat in order to settle trades?
Just as much as every single one of you denying a Bitcoin payment and choosing to be paid in PooGrow, which is an actual coin, btw!

As long as their fiat is traded in their own countries or against dollar we can't consider that useless. You sense of humor is quite good but no body would every accept payments in PooGrow until its grown to acceptable levels. And, anything can happen in crypto-world because a useless meme coin can be acceptable by Tesla than why not PooGrow? That makes sense if you put it into an equation like that otherwise RIP PooGrow.
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