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June 14, 2024, 09:53:53 PM *
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2961  Bitcoin / Bitcoin Discussion / Re: Fork? on: July 25, 2022, 08:25:02 PM
You do realize that if the keys are broken, it doesn't matter _how_ much you mine... when addresses are compromised via quantum computers, theft of coins seem feasible.

What you're doing is like you'd be trying to "sell" anti-tsunami protection to the citizen of El Alto, ignoring the fact that if they're in danger to get hit by tsunami, they're pretty much hopeless already (with most of the world underwater, food shortage is probably their first problem and not the tsunami).

I was probably greatly inaccurate, but I hope it helps understanding a quite wide point of view here.
2962  Economy / Trading Discussion / Re: How to raise funding for trading? on: July 25, 2022, 07:58:57 PM
I am doing trading since more than Four years and earning good  but i want more capital for big trade setups, so any pro trader please suggest me that how can i raise fund for my trading.

I know nothing about  fundraising so please guide me through this process for my better future.

Thanks.

Although @tranthidung has written some interesting things, I'll add my thoughts o that:
* I don't think that anybody on this forum will lend you money without collateral; it's too risky, no matter what you say
* it won't be easy to convince others give you money for trading cryptocurrencies; again, too risky
* even if you get somebody lend you money, it won't be good, since you'll be then under pressure to perform and, as said, that's how mistakes start piling up; even more, mistakes can make you lose your money and the loaned money, and then you will be in trouble.

So imho, this direction you want to take... doesn't worth it.
2963  Economy / Gambling discussion / Re: F1 Formula Sports Racing - Sportsbet.io promotions & discussion thread on: July 25, 2022, 07:52:00 PM
Yes i heard that, but nobody can confirm that , maybe the telemetry can give us a little clue.

I don't think that something like that would be published.
Ferrari seems to have lately some hard-to-fix reliability issues and I don't think that they would admit this, since their customers - Alfa Romeo and Haas - may not be happy also...

I'm really sorry for Leclerc, I had better expectations from this year, after that great start they had... But yeah, this is not unusual for Ferrari Sad
2964  Bitcoin / Bitcoin Technical Support / Re: What is the difference between a server and a node on: July 25, 2022, 07:39:37 PM
Although not a perfect explanation BUT

A node is what you are running on your desktop that you interact with at the desktop level.

What you are connecting to with electrum and sparrow are not the actual bitcoind software but another application that sits next to it so you can send / receive / see you balances.

I think that a correction is needed. While the example stands for Electrum, Sparrow is more versatile and it can connect to a Bitcoin node too.
(I've only done some tests with Sparrow more months ago, hence if I am wrong or I've misunderstood something please correct me).

To broadcast a transaction from a wallet to the bitcoin network, you can connect to a node, either privately or publicly, but I don't know why electrum and sparrow wallet used server in their network connections instead of nodes. I'm assuming server and bitcoin nodes are the same thing, but I'm not sure.

A Bitcoin node can run as .. well, a bitcoin node, which can already be seen as a server since it's offering its service to other nodes.
SPV wallets like Electrum or Ledger live need servers that are not Bitcoin Nodes (there are servers built on top of bitcoin nodes) in order to operate.
I hope this helps.
2965  Economy / Speculation / Re: Finding Bitcoin Bottom via EMA on: July 25, 2022, 06:22:45 PM
I think that you are overly confident in TA and this may lead to mistakes.

Never said bottom is in, just presenting different aspects in my posts.
I haven't bought anything personally as of now. So I don't see where I am overly confident with this idea. :")

I didn't say nor assumed that you said anything  Wink
I was just giving out a friendly warning just in case. If you already know that, even better (but you also know that it's not only you who reads this).
Also, I said "overly confident in TA", not in a certain idea. Like Wilhem said it here in a nicer way, TA should not be taken into account all alone. That's all.
2966  Bitcoin / Bitcoin Technical Support / Re: Is is possible to run a full node 24/7 with the PC on sleep? on: July 25, 2022, 09:53:48 AM
to run full node to help the network, but instead letting it running 4 hours a day (as I need my computer)

Thanks for clearing up the intended use case.

Maybe you already know by now, but I'll still write it down for others who might read this:
Make sure you stop nicely bitcoin core before stopping your computer, so the data doesn't get corrupted and you're good to go for those 4h a day, of which the first good number of minutes will be needed to catch up.
I don't advise "tricks" like putting the computer on sleep, then the node is not running anyway in such cases.
2967  Bitcoin / Bitcoin Technical Support / Re: Is is possible to run a full node 24/7 with the PC on sleep? on: July 25, 2022, 09:20:38 AM
To be clear, I can't let my computer opened non-stop (electrical energy waste, hardware running continously almost for nothing, and noise during the night). And it would be much better for node to run 24/24 then 4/24. I was wondering if putting the PC on Sleep or something would make the node run to go on continously, reducing the disadvantages of letting my pc working forever.

In order to act as a full node, your computer needs to run applications (bitcoin core), network, hard-disk and so on. That is possible only if it's fully running.
Since you cannot do that, then it means that you cannot properly run a bitcoin node.

Now, if you only want to do tests now and then, you can start it 1h before your tests, leave it catch up and play with it.
If you want to only use it for your wallet, please read my previous post.

Or, maybe you tell what you want to achieve (it was requested by others too, but you seem to ignore that), in order to get better advises, exactly for your use case.
2968  Bitcoin / Press / Re: [7-21-2022]Insider trading charges filed against CB employee on: July 25, 2022, 09:16:32 AM
I am not quite certain why it is only now mainstream media is considering this as news. Anyone who has been in the cryptospace for more than 5 years knows that all of the exchanges are guilty of this.

"Every uncaught thieve is a honest merchant". While we suspect the exchanges are guilty of this (and many more), not much was actually proven and afaik nobody was officially accused (charges filled) for this. And this is a news (much better than many news in crypto space tbh). This can be a good step towards normality and fairness (although we are very far from that and even the fact that only one person was found guilty is overly strange).
2969  Economy / Speculation / Re: Finding Bitcoin Bottom via EMA on: July 25, 2022, 09:08:23 AM
What do you think, is this correct even this cycle or we are about to see this fail for the first time?  Roll Eyes

Since one indicator alone can be misleading, since TA alone can be misleading, it would be no surprise at all to see it "fail for the first time", really.
I think that you are overly confident in TA and this may lead to mistakes.
2970  Bitcoin / Bitcoin Technical Support / Re: Is is possible to run a full node 24/7 with the PC on sleep? on: July 25, 2022, 08:56:20 AM
Hello guys! Is it necessary to leave my computer opened continously to run a full node 24/7 (because I can't do that), or is there an option to make it run even if I close the PC, or at least I put it on sleep?

If you are asking this kind of questions, I advise you consider using a SPV wallet, like Electrum.
Yes, that means that various servers might collect data about your wallet (link addresses), but your wallet will get up-to-date info almost instantly and you don't have to keep a node (and a computer) running 24/7, nor wait until it synchronizes if you've stopped it and you want to use it.
2971  Economy / Speculation / Re: Effect of Tesla bitcoin sale not significant on: July 25, 2022, 08:39:58 AM
Twitter is, yet again, unreliable.
If discussing the twitter deal

Nope, you've misunderstood me. The context was that on Twitter many were (incorrectly) claiming that Tesla bought high and sold low their bitcoin stash.
That attempt of buying Twitter (or whatever that was) is another story and it's off-topic here.

I heard that it could have to do with ESG regulatory compliance. Aka a transparent risk management framework.
He might have been forced to sell to lower the risk...

This sounds interesting, but I'm certain that another reason was to also have a good looking balance sheet.
2972  Bitcoin / Bitcoin Technical Support / Re: What wallet supports signing message on mobile (Android)? on: July 24, 2022, 01:07:08 PM
Quote
Indeed, Mycelium supports that, but only for the initial HD wallet it creates.
Mycelium only gives me the option to "Verify Message" on Android, using HD wallet.

You must have been trying on another "account" object.
This is how it is in my case (only on the correct account) :

2973  Economy / Speculation / Re: Analyzing Holdings By Entity Size on: July 24, 2022, 12:33:05 PM
Purple Line - BTC Supply Held by Entities with Balance 0.1-1

Since one entity can have multiple addresses of multiple sizes, I don't know if any chart (or any conclusion) based on balance sizes can be accurate.
So, sorry, but I find this yet another attempt to find correlations.
2974  Economy / Economics / Re: Potential economics behind mining in the future on: July 24, 2022, 12:29:22 PM

Quite a long text for basically the conclusion I was telling for some time already.
* it's expected that sooner or later we will get to the point bitcoin price will have very small volatility, kind of like gold
* it's expected that from some point will prevail only those miners who have invested into their own renewable energy production

But you're missing something more imho.
If we get to this scenario, then bitcoin may become universal store of value, something similar to what gold is. And if so, I would not be surprised if companies, banks or even states will keep some miners running and keep the network secure.
2975  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 24, 2022, 12:19:50 PM
Hungary needs to get kicked out of the EU and NATO since they are pampering a country attacking us. Let them become a Russian state...

They love to play with fire since they've seen that EU is rather soft...
Unfortunately, instead of EU making an example of Hungary and show that if they want money, this kind of state should not play smartass, they stay soft and Poland tends to follow Hungary's "wonderful" example.

Many still think this rebound is a fake-out. What they usually forget is that EVERY trend reversal looks like a fake-out until it's not, so that's why it looks like one Grin

If this will be for real, then this crypto winter may have been the shortest. And this would be unexpected.
I'd guess that this is why many think that it's fake. Time will tell, clearly...
2976  Bitcoin / Bitcoin Technical Support / Re: What wallet supports signing message on mobile (Android)? on: July 24, 2022, 11:13:49 AM
I am pretty confident Mycelium supports signing messages on Android, but not sure if for all types of addresses you mentioned.  Worth a try though, my favorite wallet for Android so far.

Indeed, Mycelium supports that, but only for the initial HD wallet it creates.
I couldn't find similar feature for imported wallet "accounts" or the "account" created from my hardware wallet.
2977  Other / Meta / Re: A proposal to "hush" other users on: July 24, 2022, 11:08:44 AM
There are so many redundant posts needlessly repeating the same information and/or posts where the poster hasn't just failed to read the whole thread before posting but has clearly failed to read even the initial post. To be clear, I'm not referring to redundant topics, which bug me far less, because an old topic covered again by a new user still provides an opportunity for fresh insight. I'm more referring to the situation where 30 users all produce similar low-value "answers" in a given topic.

Well, ignoring users is not the correct solution for this. You will have to make good use of:
* ignore boards (some boards bring more spam than information and may not even be interesting for you)
* report post (to get the spam removed) - I'll add here that reporting is not meant to be overly accurate

I'm not sure why there are so many posts like this, but my best guess is that it's users either trying to rank up quickly or trying to fulfill their signature campaign commitments. I've got some empathy for both kinds of user but this type of activity is really lowering the signal to noise ratio and getting in the way of meaningful discussion.

You are pretty much correct imho.

Although I'm very tempted to start, I'm still reluctant to ignore users because it feels "permanent" and I don't want to miss out on their contributions

In most cases you'll lose nothing. I also think that adding complicated rules is not necessary.
You can, for example every Christmas (when we are supposed to be better), clear up completely your ignore list to give everybody a second chance.
2978  Economy / Speculation / Re: Effect of Tesla bitcoin sale not significant on: July 24, 2022, 10:48:18 AM
Don't forget that he is a businessman, and he is also the richest man in the world. If he were stupid enough to sell his fortune at a loss, he wouldn't be the richest man on the planet.

There are 2 mistakes I see here:
1. Even the richest can lose now and then, usually they take small loses to avoid bigger ones or to make a much better business soon afterwards.
2. Tesla is not only Elon Musk. I expect there's a board that take decisions and those decisions may or may not be influenced by what Elon Musk wants.

Based on price averaging, it can be inferred that Tesla lost money in the most recent bitcoin sale, but we don't have specific data for their bitcoin buy orders so nothing can be confirmed.

Yeah, this sounds more like it. Either there was no loss at all (as @Rikafip already said), either the loss was smaller than the previous gains.
Twitter is, yet again, unreliable.
2979  Other / Beginners & Help / Re: How do you safely keep your recovery phrase written on paper? on: July 23, 2022, 01:58:01 PM
Are USB or flash drive considered flash memory?

USB is good for a backup "at hand", but you have to think that an USB stick breaks too easy. Paper is still best.
(Also you have to create the txt file directly on the USB, offline, then archive/password protect it, and all this ideally from a live OS).

My mom is a meticulous person. Even if I cleaned it myself, she would still clean it thinking that there are still some stuffs that are unfixed.

You have to find better places. Keep the seed in a sealed envelope and write on it "important". Or write it onto the back of a diploma. Or onto the last page of a book. Or all 3. Also, you don't have a shelf that's only yours? That can also be a good place. However, on the desk, no matter it's under the mouse pad, it's bad place from start.
2980  Other / Politics & Society / Re: European Union looks to Nigeria for Gas to replace Russian supplies on: July 23, 2022, 01:48:27 PM
Nigerian gas may close the supply gap, but it will definitely not be a full-fledged replacement, since the EU bought gas from Russia at the best price on the market. Even if the volumes are the same, the price will obviously be higher, which will also be a cause for dissatisfaction

The volumes will most probably also not be the same. And I find this a bigger problem than the prices.
The international prices have skyrocketed anyway for no reason: the gas hasn't change, just the Russians have decided to ask more for it (and in their unrealistically "strong" fiat too).
Imho the more sources the better: let there be competition. We can see where allowing the (Russian) monopoly got us.
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