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2981  Bitcoin / Bitcoin Discussion / Re: Could inheriting Bitcoin from love ones be that difficult? on: May 27, 2022, 01:50:40 AM
If one is really protective of his/her Bitcoin and did not leave any instructions as to how the funds would be redeemed when he/she is gone, it would be very hard for his/her family members to make the recovery.

But for as long as your family is aware that you are into Bitcoin, they must know that somewhere in the house or in your room is a set of information which leads them to your hidden Bitcoin savings.

To a certain extent, this is also how I am keeping my Bitcoin. They know I have Bitcoin. What they don't know is where I stored my seed phrase. But they must know it is somewhere in my little room. It would take them some effort to locate it but they should understand that safety and security matter.
2982  Bitcoin / Bitcoin Discussion / Re: The first gas station to accept Bitcoin in my region on: May 26, 2022, 04:46:58 AM
~snip~
The paradox is that cryptocurrencies are not illegal per se, so it seems that there is a legal loophole that would allow trading cryptocurrencies.

Yeah, and the ban is not really a blanket ban on crypto, but if I'm not mistaken the ban includes prohibiting Bitcoin from being used as payment. If this is right, then this gas station is probably violating something. Perhaps a kind of voucher could somehow skirt the policy? Let's probably hear it from the people of Nigeria themselves.

Quote
Regarding LN, one of two things, either they have implemented LN for payments or they will have to accept unconfirmed transactions, maybe with the condition that they do not have RBF enabled, I do not see people waiting for the transaction to be confirmed to leave the gas station, as we know that the average is 10 minutes but sometimes it can easily take you an hour.

It's either nobody is really interested to pay gas with Bitcoin or that even if they want to pay in Bitcoin, they know of the implication and would therefore prefer to pay in fiat. Unless the customer is intentionally choosing this particular gas station so as to try buying gas with Bitcoin.
2983  Other / Beginners & Help / Re: An advice for Crypto Investing on: May 26, 2022, 03:28:15 AM
This is interestingly similar to this thread: https://bitcointalk.org/index.php?topic=5399020.msg60154412#msg60154412.

Anyway, if not coming from your personal savings, where would you get your investment funds, from the money that is intended for regular expenses? Whatever amount you invest in Bitcoin, it should be coming from your savings. I mean, from the amount after you deduct your expenses from your income.

You don't really have to avoid borrowing ever. Borrowing is even encouraged. It is strategic. But I'm afraid it applies only to those who's got advanced knowledge on finance and economy.
2984  Economy / Economics / Re: Crypto is doing well in Thailand...or is it? on: May 26, 2022, 02:48:03 AM
I'm afraid this is coming from a limited viewpoint.

What's happening in Thailand is probably more bad than good. But not the worst, of course. I hope I'm not really updated with the current status of Bitcoin and cryptocurrency there, but it seems the ban on the use of Bitcoin and other cryptocurrencies as payment had just taken effect in April. That's just last month.

This is untimely. This happened just as Bitcoin and crypto have already developed a good relationship with businesses, just as Bitcoin started to fulfill its role as a currency. Now, it is relegated to just being an asset, an investment opportunity, where people can trade but not spend. So this must be a step backward rather than forward. 
2985  Bitcoin / Bitcoin Discussion / Re: The bitcoin price drop is an excellent time to buy bitcoins on: May 26, 2022, 02:18:26 AM
I indeed find it amusing and confusing when people run away from Bitcoin when it has a cheap price tag and flock toward it when it rallies so hard.

Well, perhaps this is a natural human attitude. Perhaps people are naturally avoiding risks and uncertainty. And perhaps that's the reason why those few who try to suppress it and do otherwise are the ones who are successful.

Perhaps the great Warren Buffet was right when he said that wise investors are "fearful when others are greedy, and greedy when others are fearful.”
2986  Economy / Gambling discussion / Re: Can Old Casino Keep Up Without Support Here In Bitcointalk Or Signature Campaign on: May 26, 2022, 01:51:38 AM
Can an old casino that's very active here in Bitcointalk, through support, forum advertising, and signature campaign, suddenly pull the plug and stop doing all these things can still keep and still maintain its position in the market.

I think so. I don't think the crypto gambling industry is highly influenced by things happening here in the forum. As a matter of fact, with all honesty, a success of a crypto casino or betting site does not depend on whether it is present here in the forum or not.

Advertisement is very important, but if you're only advertising in this forum, I don't think you're guaranteed of success. So a crypto casino will have to be promoted outside.

My point is that bitcointalk is not indispensable.
2987  Economy / Economics / Re: How do you calculate price of grain /materials ,how can you predict future price on: May 26, 2022, 01:32:13 AM
There's no single formula to determine the prices of all kinds of goods. There are a number of factors involved. But basically you have to add up the entire cost in producing the product and then add the markup as your profit and that's it.

Your markup will, in turn, be affected by certain factors as well. The demand and supply is a huge factor in this. However, there are also policies which put limit to the profit.

The overall price will, of course, fluctuate regardless of the markup because the cost price is dependent on several factors also. In wheat, for example, the prices of fertilizers, pesticides, herbicides, and others will have an effect.
2988  Bitcoin / Bitcoin Discussion / Re: The first gas station to accept Bitcoin in my region on: May 26, 2022, 12:59:07 AM
tell me where is your country
He is probably from Africa but it seems like the OP doesn't want to dox himself because if he want us to know where he's from he would have included it in the OP page.

From the pictures, it seems OP is from Nigeria. The pricing of the gas is in Naira, which is Nigeria's official currency.

While I admire OP for introducing Bitcoin payment to this gas station, supposing he/she is from Nigeria, I am wondering whether it is legally acceptable for business establishments to accept Bitcoin payments. Last I heard, Nigeria issued a ban on crypto transactions.

Anyway, is LN also in place here? Transaction speed might be an issue. I am also curious to know whether the owner himself/herself knows what the manager did to the business.
2989  Economy / Gambling discussion / Re: Gambling Session That Lingers On Or Keep Staying On your Mind on: May 25, 2022, 03:58:08 AM
When I'm having either a big win or a big loss or perhaps certain gambling issues, somehow it stays on my mind for a while. It doesn't really give me sleepless nights, but it sometimes goes back. Even until now, there are certain gambling memories that I can't forget. Not all of them are happy ones.

But if gambling will give somebody sleepless nights, that would be worrisome. I think it is better for the gambler to stay away. It might grow worse.
2990  Economy / Exchanges / Re: New bitcoin fork on Yobit? This is another shitcoin on: May 25, 2022, 03:18:39 AM
Whether it is indeed a Bitcoin fork or not is not an issue. After all, Bitcoin forks and shitcoins are probably synonymous, although not all shitcoins are Bitcoin forks. But there's not even a very thin line which separates Bitcoin forks from shitcoins. So, who knows, this is indeed a Bitcoin fork.

But no big deal. We have already more than a hundred of them. Bitcoin is open source. People, especially YoBit, could easily clone it, and produce another shitcoin Bitcoin fork. And, no, we wouldn't be informed every time Bitcoin is forked.
2991  Economy / Service Announcements / Re: Forget about exchanger search! Use BestChange! on: May 25, 2022, 02:42:49 AM
Don’t you think exchangers that do not follow AML should be excluded from your site? Or at least marked as untrustworthy.
Today netex24 exchanger sent me tainted btc. And obviously service which i wanted to top up blocked my account.
I checked transaction via AML bot:
 
Risk Score: 50% Medium risk transaction
Medium risk
Exchange ML Risk Veryhigh - 100%


@rokuen
Thank you for the signal, we will certainly investigate the matter to find out all the details and if necessary, will take measures to prevent this in the future. The exchanger you named is one of the largest on over-the-counter and such appeals are the matter of exception.

In any case, your situation requires our involvement. We will certainly get in touch with the service representatives to find out the technical details of your transaction and offer them to change the counterparty, if necessary, if they use some compromised custodial service to store bitcoin.

Please send us the transaction address and, if possible, the order number in this service, so that we could check the information in blockchain and request the details from netex24.

In line with this, I am interested to know if the BestChange company subscribes to the idea that there are clean and dirty Bitcoins. I mean, yes, there are probably a lot of crimes in which Bitcoins are involved as there are countless others which involve fiat, but do you think that Bitcoins involved in these crimes are tainted and are therefore dirty and shouldn't be accepted by different Bitcoin platforms?
2992  Economy / Service Discussion / Re: A Little way to find Good campaigns on: May 25, 2022, 02:18:08 AM
Isn't this a harder task to do than just proceeding directly to either Services or Bounties (Altcoins)?

After all, there might be not so popular campaign managers out there who suddenly come out of nowhere with a new signature campaign or bounty. Also, there are campaigns that are managed by members of the team.

So if you are looking for a new signature campaign or bounty projects, you might missed a lot by limiting your choices to several campaign managers.

2993  Economy / Gambling discussion / Re: [Boxing] Canelo vs Golovkin 3 (September 17) on: May 25, 2022, 01:53:01 AM
Finally! But better late than never is not applicable in boxing. With age comes deterioration in one's speed, power, and overall boxing skills. I just hope GGG at 40 could still pull off some great shots. He's a great boxer but age matters, at least in boxing. As a matter of fact, while he had a TKO win over the inactive Murata in his last fight, I observed he has indeed slowed down a bit.

On the other hand, it is a bit unfair that he's only being given the chance after Canelo lost to Bivol. It takes a loss for Canelo to accommodate this trilogy when this should have been done much much earlier.

I'd be praying and cheering for GGG but I won't be making a bet.
2994  Other / Beginners & Help / Re: Threads translation challenge for newbie's. on: May 25, 2022, 01:23:13 AM
Question to all: Do you think there's an issues if someone is fluently with English and his local language? It doesn't make sense to ask such question.

I think OP does not mean translating threads in English into his/her own language. If that is the case, this issue wouldn't even have to be raised. Apparently, if one is able to understand English and able to understand and write in his/her own language, there won't be a problem at all.

If I'm not mistaken, OP is interested to translate a thread in a different language he/she doesn't speak into his/her own language. I'm a little confused, however, how a thread written in a language one doesn't understand becomes an interest for translation. In which case, OP is not in the position to make the translation. He/she could instead communicate with the thread creator to have it translated into or simply summarized in English so that he/she could do the translation into his/her own language.
2995  Other / Beginners & Help / Re: No man is an island on: May 25, 2022, 12:57:59 AM
While I'm always in favor of being kind and courteous and considerate, I am also not in favor of making sure that every action pleases everybody or that it doesn't hurt any feeling. You cannot make life in general or this forum or even your family itself disappointment-free.

Especially in a place of objective discussions, disappointments and criticisms are always expected. Honesty causes disappointments. Somebody here will always tell you that you are wrong. Somebody here would always criticize your views and opinions. However, insults and name-calling are never appreciated. 
2996  Economy / Collectibles / Re: [FREE RAFFLE] Happy Pizza Day!!! BYOB, Ser 2, Fed No More, #23, 1 toz .999 Ag on: May 23, 2022, 07:39:54 AM
Table 3 Slot 4- Darker45

Please and thanks!

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2997  Other / Beginners & Help / Re: Educational: Bitcoin is technically independent from Altcoins on: May 23, 2022, 02:44:22 AM
Technically, Bitcoin is completely independent from altcoins. Altcoins are also independent from Bitcoin even though a number of them are inspired or even copied from Bitcoin. Altcoins are also largely independent from each other. Despite all these, however, Bitcoin and altcoins all formed the overarching crypto market. And while there may be a level of independence within and among them, it has somehow developed that not one of them is absolutely independent from the overall market.
2998  Other / Beginners & Help / Re: 13 Facts You Never Knew About Bitcoin And it's Forum on: May 23, 2022, 02:30:25 AM
13. Changpeng Zhao (CEO of Binance) is the second richest crypto billionaire after Satoshi.

How is this a fact about Bitcoin and the forum? This has nothing to do with Bitcoin nor to the forum.

Anyway, credit to you for compiling these facts, but many of these are hardly facts that people never knew or even care at all. Some of them are too trivial and immaterial to Bitcoin that people don't really need knowing them, or knowing them doesn't really mean people have increased their knowledge of Bitcoin.
2999  Economy / Economics / Re: What can an average JOE do to face the global food crisis? on: May 23, 2022, 01:54:07 AM
The average person cannot contribute to solving the problem by simply buying. Neither will hoarding or even increasing his/her purchasing capacity address the problem, unless the only cause of the crisis is inflation.

But since there are a number of causes, there should be a number of approaches also. Supply chain problems, war, rising prices of fertilizers and other related products need different solutions.

In my country, there is a need for the government to put more focus and priority and funds, too, on agriculture and food production. Strengthening local agriculture is the key. Decreasing dependence on imported fertilizers will help. Subsidizing farmers is also needed. Fighting against ruthless middlemen is also important.

To the average person, however, little efforts as planting and raising their own food is of much help. Make every idle piece of land productive in some way. This will make us less dependent on the market which will hopefully lower down the demand and therefore price. In the long run, this might even significantly bring down the demand to import. The local produce might suffice. It would also help if we stop being wasteful.
3000  Economy / Collectibles / Re: [FREE RAFFLE] 484th ฿ECAUSE I AM STILL IN A GOOD MOOD- HAPPY PIZZA DAY!!! on: May 23, 2022, 01:22:18 AM
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Please and thanks! Happy BTCitcoin pizza day to one and all!
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