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3061  Bitcoin / Bitcoin Discussion / Re: Myth vs Facts and My Assumptions about Bitcoin on: January 20, 2022, 06:20:19 PM
-snip-
If RBF is enabled, then after you have made a transaction but before it has received its first confirmation, and it is still unconfirmed, then you can easily replace that transaction. If you spend any of the inputs from that original transaction in a new transaction, and the new transaction pays higher relative and absolute fees than the original transaction, then the original transaction will be evicted from the mempool and replaced with your new one. This allows you to make the same transaction again but with a higher fee, but also allows you to change the transaction entirely and redirect the coins to different addresses.
Under certain conditions, RBF will really help anyone who wants their transactions to be confirmed faster, especially when the mempool is congested. This feature can also be used multiple times as long as the transaction still doesn't get 1 conformation, which I think is quite helpful. But about redirecting transactions to other addresses after the first transaction on broadcast, I haven't tried it until now. Maybe I'll test it in the future, but of course it should hit my wallet too.

Sorry o_e_l_e_o, have you ever done it?
3062  Economy / Gambling discussion / Re: Premier League Prediction Thread 2021/2022 on: January 20, 2022, 05:04:07 PM
Tottenham started to catch up, the difference with the 4th position is also very thin, even the next opportunity is full of challenges.  Facing Chelsea is not easy but it is possible they will win, in recent matches Chelsea have only been able to draw with their opponents.  Until I wonder what's wrong with them.  Getting to the top instead of the spirit of chasing City, they played quite standardly so they didn't struggle to win.
Chelsea will be an opponent that is still quite difficult to beat by Tottenham at this time and we can already get evidence that Tottenham have to accept their defeat in the 2 leg of the EFL cup against Chelsea some time ago. However, it is possible for Tottenham to win this match where they are quite motivated to get into the top 4. That's the most likely thing for them even though they later have to draw against Chelsea.

Tottenham's main mission this season may not be about the title anymore but how they will end the season with 1 ticket to the Champions League with Conte. They still have a chance to do it, it's just that they have to keep up their good form without losing in the next many match.
3063  Economy / Speculation / Re: Bitcoin not going below 40.000 (probably) on: January 20, 2022, 04:53:44 PM
If I read the direction of the market that has been running and repeated then below $40K it might happen. You may remember that the market is different this time. The development of Bitcoin has more supporting corporate institutions. This could change market opinion to stay in the strong support area of $39k. But if it looks at ATH in 2017-2018, they will walk down the stairs. There was a decrease of about 80% more at the time. I think today we start to be vigilant, stay calm and don't panic. Keep using your strategy to minimize your losses.
When we talk about a possibility, of course we will also know what the possible causes are. We all never know what will happen, but history can help to stay alert in all situations. Yes, I agree that there will be price drops where people want lower prices and I believe no one will be able to keep prices above $40K long term even though we have quite a bit of institutional support so far.

Although today bitcoin experienced a slight increase but in fact the price of bitcoin still lost 37% of ATH. We certainly don't expect a bigger drop of up to 50%-80% but anything is still possible in this highly volatile market. Having a strategy to minimize losses is of course very important, especially for traders and bitcoin holders so far.
3064  Economy / Speculation / Re: Always have an exit strategy on: January 20, 2022, 01:48:38 PM
Almost everyone know that they have to exit one day but only few have the valid exit strategy. The exit strategy targets should not be so much stretched that they are difficult to achieve . You should set a realistic profit goal and adhere to it. Also you need to have a backup plan in case there is an unexpected dump due to any news etc. Stop Losses should be carefully used as market tends to hunt for stoplosses before going up.
In this case we know that setting an initial target and sticking to what we want to achieve will make us completely psychologically safe when market fluctuations occur. Stop loss may be good but sometimes it is a bad start when demand increases after a quick correction.

Each of us has our own strategies and targets that we want to achieve in trading, so maybe whatever we say will not be useful to others because psychologically and mentally we will never be the same.
3065  Economy / Gambling discussion / Re: Premier League Prediction Thread 2021/2022 on: January 19, 2022, 06:17:01 PM
Leicester  - Tottenham

It looks like Tottenham will win this match and will get a full coin which will shift Arsenal in fifth position in the standings.
Tottenham had the opportunity to do so today where they had to take every opportunity to score. I don't think they will lose or have to end the match with a draw because this match is a good start to allow a return to the top 4 overtaking Arsenal who are in 5th place. Tottenham need just a few wins to get into the top 4 and I think Conte will do well.

For the Brentford vs Manchester United match, I believe 3 points will go to Manchester United today. This should be an easy win for them. Really not sure Brentford will be able to hold on to a draw or be able to beat Manchester United in this match even though Brentford is playing in front of the fans at home.
3066  Economy / Speculation / Re: Can I recommend a friend to buy Bitcoin now? on: January 19, 2022, 06:05:41 PM
Trading technique by making gradual purchases (averaging Down) is one way to buy when the market is experiencing a correction and there is a continuous decline without us knowing where the lowest point of the price decline will stop, this strategy is indeed quite capable of getting a small percentage profit, because we will have different purchase price variations, but in my opinion, for traders who have small capital like me, of course it will be very difficult to capture prices when there is a decline due to limited capital, I personally would probably wait for the market price to reach its lowest point before entering to buy in the market.
There are many other trading strategies you can learn and use to maximize your profit potential. I don't think you have to stay focused on the lows to buy because in reality you can't tell when the lows will occur.

The strategy you are using may have a downside where you have to buy at a lower position to cover your previous losses due to the price drop while you expect a recovery when the price starts to rise. It's much better to invest than to like trading because you can still apply an accumulation strategy whenever you have capital. It doesn't take much, but 20% of your monthly income probably won't make much difference. Of course this is not financial advice, just do what you want and don't exceed your ability to lose.





3067  Economy / Speculation / Re: Always have an exit strategy on: January 19, 2022, 05:47:22 AM
I think that's what it really is, a back up plan. You don't immediately go for an exit when you're starting things right? So that means that if you have a baseline or have established enough funds before you can start trying to formulate an exit strategy. In my opinion, there should be a lot of levels in someone's exit strategy because you really can't afford going out in one fell swoop if you plan to go back.
An exit strategy would be great for those who don't really believe in bitcoin's long-term potential or for those who are targeting short-term gains. Mid-term traders and investors may think of a way out once they hit their targets, but anyone aiming for something greater than a 100% over return on their investment should be willing to be patient in the long term.

Bitcoin really has great potential in the long term, but neither of us can prevent you from exiting when you want to secure profits to fiat or you stop at a certain phase before entering to invest in the next period. This depends on what your investment goals are but I believe that early adopters may still be able to survive the volatility to this day.
3068  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2020/21 on: January 19, 2022, 05:20:37 AM
If you are following Real Madrid updates, you must know that they have started to regenerate those old players since the previous season. You know that Real Madrid prefers to buy young players such as Vinicius, Rodrygo, Ceballos, Valverde, Militao, and Militao. This indicates that they prepared to regenerate their squad with young generations.
True, Madrid started to do it but maybe all those players never matched his senior quality at Real Madrid. There will be a difference we can probably feel about this successor, but Madrid have more time to do it without fault.

However, it won't happen instantly, they still need some old players to support them. That's why they still buy an old CB like Alaba and keep old players who still perform well. Also, an ambition of signing Haaland and Mbappe (top young CF) is a clear indication that Real Madrid management to prepare their attacking line for the long term. Of course, Real Madrid won't experience the same thing as Barcelona because they already started/prepared it a few years ago.
Real Madrid's CB position still needs some additions especially since some of their CB players are quite old. Alaba is already 29 years old, nor has he been able to stay fit throughout the season although Militao can help. In addition, LB Marcelo must also be considered, he is 33 years old but Mendy is quite worthy to replace him. In the CF position, Madrid really need to find a replacement for Benzema and maybe Haaland and Mbappe will be good for them to rush in this transfer market and next season.
3069  Economy / Gambling discussion / Re: Premier League Prediction Thread 2021/2022 on: January 19, 2022, 04:50:51 AM
Chelsea have now lost four Premier League games without winning, while Brighton have recorded their 11th draw of the season. It was a very poor performance, but at least I did not have high expectations for Chelsea. This Brighton side is known for their composure, and that is exactly what I love about them. It is amazing how they remain calm when competing against the big boys.
2-3 hours before the match starts I think Chelsea will win the match considering they have dropped a lot of points so far. However, it turned out that Brighton again managed to hold Chelsea to a draw for the second time in a season (away & home) with the score 1-1 for both matches. Not the result I expected actually because I felt Chelsea came to take revenge in that match but they also had to fail despite being ahead throughout the first half to the middle of the second half.

I would no longer think Chelsea would be competing for the title because they are already quite a distance away at the moment with Manchester City. If in the next match City can maintain their unbeaten record then Chelsea will be even further behind. Only Liverpool may still have enough chances to advance as the non-favorite candidate for the title this season with Manchester City.
3070  Bitcoin / Bitcoin Discussion / Re: Myth vs Facts and My Assumptions about Bitcoin on: January 19, 2022, 04:33:24 AM
Good job _BlackStar, I think I deserve merit  your post. Anyway, 2 of all the points you raised in the thread are still very much felt today especially about ponzi schemes and pyramid schemes. I think the ordinary people still needs to learn more about bitcoin and compare it to ponzi investments and other pyramid scheme investments so they can determine whether bitcoin is worth equating with these two scam investments or not.

I have found people who have a mindset about bitcoin in real life and I have also had the opportunity to tell them about the basic knowledge of bitcoin investing and what bitcoin is. But I never force them to believe because basically bitcoin is just a scapegoat between two scam investment schemes.

Instead of being on a beginner's board, why don't you move this thread to a bitcoin discussion board? I think you will get a lot of quality posters there especially those who care enough about bitcoin.
3071  Economy / Gambling discussion / Re: Premier League Prediction Thread 2021/2022 on: January 18, 2022, 06:14:27 PM
This not easy match for Chelsea and compare to their latest performance in EPL that Chelsea cannot win on 3 latest matches and Brighton 4 consecutive no lost and their previous match on December last year ended with draw 1-1 so my prediction this match will so tight especially while playing at home ground Brighton was hard to beaten but for this match Chelsea must win to secure they position for tittle fight between Man City and Liverpool
Chelsea must win if they still want to compete for the title this season. I don't think Chelsea and Liverpool have lost hope for the title this season even though Manchester City have good pace to score points. City are already 13 points clear of Chelsea so maybe they are not too worried if Chelsea can win this match. City just need to be aware of the possibility of Liverpool getting closer to them because currently Liverpool only have a difference of 11 points + 1 match postponed.

In the first meeting of the season between Chelsea vs Brighton the result was very disappointing, especially for Chelsea fans because the match ended in a draw, of course it was an unexpected result. And today Chelsea came with their desire to take revenge and take home the full 3 points after losing to Manchester City recently.
3072  Economy / Economics / Re: Buy Crypto Or Have Fun Staying Poor! on: January 18, 2022, 06:04:02 PM
Investing in cryptocurrency does not mean becoming rich. So everyone would be interested in investing in cryptocurrency by selling all their assets. With this little risk, everyone would become rich. I do not deny that investing in cryptocurrencies is not profitable, but whatever we do, we should think carefully.
Cryptocurrency is a general word that includes all crypto in it. Keep in mind that 99% of today's crypto should get a good analysis before you start investing, 1% of which might be good for your investment in the long term. Investing in cryptocurrencies will not guarantee that you will be rich, meaning there is a possibility that you will be much poorer after investing due to poor asset selection. Even if you really believe in bitcoin right now, then that also can't guarantee you to be rich in the future because we all never know what will happen to bitcoin in the future. Make sure you have considered all the risks and still make sure you invest the amount you can afford to lose.

Indeed, in the last 11 years this investment has been very profitable, especially bitcoin. But you also have to believe that all of them should still care about the security of their crypto assets (wallets). The success of your investment depends on how you manage your portfolio and how you keep it safe from various risks.
3073  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: January 18, 2022, 05:33:21 PM
A miracle for Spezia to win the match against Milan at the San Siro the chances at the end made it a nightmare for AC Milan.

For me it was the weakness of Milan's back defense that they couldn't watch the movements of Spezia's players, maybe Milan's defense was so weak that it was easy for Spezia to score in the 90+5 minute a few seconds before the end of the match.

I'm a little disappointed that the bet lost which should have been 80% to Milan's win.
Sometimes a defeat like this can happen at any time and it can happen to a team that we think can win easily. Spezia managed to beat AC Milan because they also want to have a good rivalry in Serie A. The win is important for them, even though they are not favorites to win. Of course AC Milan and its supporters are very disappointed with this result, but this should be a good lesson for them in the next match.
3074  Other / Beginners & Help / Re: Bitcoin wallet on phones on: January 18, 2022, 05:24:56 PM
I use mobile wallets, mainly electrum. I know what consequences I will consider and I must know how I can minimize the risk. Using a mobile wallet of course we have to face some risks especially regarding damage or loss of the device and possible deletion of the app from the app market so we can't find any update. These two things should always be considered if you have a lot of bitcoin and want to keep them.

The main point is that your bitcoins are your bank and it is your responsibility to keep them safe. I practiced a few ways to worry less about mobile wallet security so far,
  • Don't hold large amounts of bitcoin as a long term investment asset, just keep an amount you can afford to lose. The solution is to have a hardware wallet.
  • Do not install any application carelessly.
  • Use a strong password and back up your wallet include Private key and seed which allows you to access the wallet in the event of a demage or loss of the device.
  • Make sure you scan for viruses and malware regularly.





3075  Economy / Gambling discussion / Re: Premier League Prediction Thread 2021/2022 on: January 15, 2022, 08:26:59 PM
The appointment of Gerrard as coach of Aston Villa is too late in my opinion.
Gerard is good for Aston Villa and he can improve the team's performance for the better. Aston Villa will thrive with him but he still needs time and management support to make the team more competitive. One of what Gerard needed was financial support to do some maneuvers in the market and get some players that fit the strategy he implemented for the team.

On other things, he needs the trust of his own management and team to do everything well. Of course this is a good start for Gerard as one of the coach in the Premier League, he will be a coach to be reckoned with in Europe in the next few seasons if he succeeds at Aston Villa.
3076  Economy / Speculation / Re: Elsavador President Predicting $100,000 Bitcoin price looks like another joke on: January 14, 2022, 08:26:07 PM
OP, we can never be cowards just because we expect bitcoin to hit $100K one day. Bitcoin failed to hit record highs (as expected) by the end of 2021 but we are already feeling ATH in November. I can't expect a big increase in 2022 especially regarding the price because currently bitcoin has been experiencing a correction since ATH. See what happens, I won't speculate much about it and will just enjoy how it develops. I just don't want bitcoin to drop to the $30K level again this year.

While one can predict through their analysis, expect something bigger to happen to bitcoin and the market to grow. This is very reasonable to be used as a reason for support and optimism for the development of bitcoin. We are the ones who managed to bring bitcoin to success since it was introduced by satoshi. While you and many others may not be able to enjoy the adoption of bitcoin as a real means of payment in your country, but you and we have supported it by using, investing and trading it.
3077  Other / Beginners & Help / Re: Tips To Upgrade Your Post Quality For Future Reference on: January 14, 2022, 08:16:22 PM
I appreciate you because I see you are trying to be a user who cares about the quality of posts. Honestly I'm a shitpost (Trust) but I realize that post quality improvement is expected for everyone including me. There are many people who support the change movement, it was also when bitcoin was first introduced to this day, but not everyone tried to accept the change because they were quite comfortable with the habit.

I no longer expect more qualityless posts from my forum activity, it's really a habit that I should always improve. You as one of the new registered users in 2021 are expected to continue to excel until you reach a higher rank. Your initial proof has occurred where you have successfully progressed through the ranks to Jr. - current full member. I agree with some points, while I'm still not 100% about you.
3078  Economy / Gambling discussion / Re: ⚽UEFA Champions League Discussion Thread -- Group Stage! on: January 14, 2022, 07:36:46 PM
Inter - Liverpool is also an interesting matchup but Liverpool are favoured to advance the most too. Because they have been very successful for a long time and they won the Champions League title a few years ago. Inter will be under a big threat in this matchup because of that. But they are not an easy opponent also. They are in a great shape in the Serie A. If they manage to play like in there, then they might not let Liverpool advance comfortably.
I want both teams to win at home, but Liverpool will qualify. Compared to Inter, I prefer to see Liverpool in the next round of the season because I think Liverpool will be able to show a better competition. I don't underestimate Inter's strength, they are strong but I support Liverpool.

At the moment I feel Inter and Liverpool are in good form in their respective domestic League but the record of the second meeting shows that Liverpool are ahead of Inter by 3 wins from a total of 4 match in history. The 2008 Champions League proved Liverpool took Inter home early in the last 16 and this season is their first meeting since 2008.
3079  Economy / Economics / Re: Bitcoin is for everyone but not everyone will be for Bitcoin on: January 14, 2022, 07:22:55 PM
I somehow agree with your statement but I also disagree with some points.
Is this one of them?  Grin
The sad part of life is that it's not fair because a person will be born and will eventually die as a struggler



Being born rich can definitely put you to a great advantage in terms of access and convenience. You have the funds in order to supplement yourself with the information needed to run this world. In contrast, people who are born poor must have to double or triple their effort in order to make ends meet. But this does not mean that people who are born poor cannot acquire the opportunities of those born rich.

At the end of the day, while there may be some poor people who are not knowledgeable about BTC, the fact that this has been existing for years now can be an inevitable circumstance that they will soon encounter.
Not everyone is born with rich status from their parents because we are also born from poor families. The family's economic status still hinders one's education and knowledge, especially in some countries with a large number of poor people. I also feel that we can change our destiny and economic status just by being willing to learn and not giving up, this will really depend on the dreams we want to achieve. We will create our own standard of living, what we want to achieve and what we want to get.
3080  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: January 14, 2022, 06:27:29 PM
Today we will see dortmund which has a pretty good attack and is also scary for the opposing team, will face a team that has a pretty solid defense namely freiburg, freiburg who have only conceded 18 goals from the 18 match proves that they have a pretty strong and solid defense, and I think today Dortmund who have scored 44 goals will test how good their attack can be against a strong team like Frieiburg.
My prediction is that the match will end with win a fairly thin score for one of the teams and I hope dortmund will win. Grin
In addition to having Bayern Munich with a strong defense, Freiburg is also a team that has the same advantage in defense. But Dortmund are ahead of Freiburg where the difference in points between the two teams is proof that Dortmund are playing better so far. Dortmund also has a good record at home against Freiburg where Dortmund have only lost 1 time in 21 matches. It will be an important match for both teams, but Dortmund are the favorites at home. They're going to win, so I don't think you'll be upset about it.
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