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3261  Other / Beginners & Help / Re: Forum Skills on: August 20, 2021, 07:16:12 AM
Hello, I read bitcointalk once before registering.

I’m not sure if I have time to be active in the forum.I need to take care of my work and my family, but in the future may check the forum regularly at night. Wink
It is really good to see that you have searched for beginners topics that are beneficial and come under must read category and same is reflected in your post as it is nicely written and it seems you are good learner and given you merit for your contribution.The more you try to explore the forum the more knowledge doors will be opened for you and whenever you get time do the same and also have personal time with your family.One more suggestions which i would like to give you is to link the topics you have mentioned to the original post in your table which will look more attractive and you can simply click on it to read that post instead of searching it on the forum on post history of that member.To do the same you simply need to write it in the following manner:

Code:
 [url= Original link of the post which you can copy here] Forum Skills [/url] 

You can write it for all the topics as it will take some extra time but giving the best what we can should be our goal.

This is great sir! From the beginning to the end of your reply is full of salient information. I just quoted only the end part because it might look boring quoting the whole post. This reply deserves more merits, thanks to the people that merited you on my behalf, surely I will return to this reply when I accumulate more smerits.
I am grateful 🙏
Sharing knowledge with others don't cost us so no need to say thanks for the same and what i say always just be an effective member of the forum and make this a healthy discussion forum away from spamming up and have your original post which is best on our behalf.
3262  Economy / Gambling / Re: 🔥 The Best Crypto Gambling Sites! 🔥 on: August 19, 2021, 08:47:34 AM
I can find 1xbit as well on the list with 5 stars, come on man are you serious with it?
So the @OP is promoting some fake and scam casinos on his review site which clearly indicates that this site is not giving any genuine review and feedback to the users.The 1xbit and 1xbet have already tons of scam accusations against them on the forum but he is giving 5 stars to such websites which shows his reputation and way of judging the site and i have not visited the site after reading this only.
3263  Economy / Gambling / Re: Rollbit.com | Crypto's Most Rewarding Casino 👑 on: August 19, 2021, 08:33:12 AM
But the question i have in mind is how much wager he does until meeting this kind of win ? but anyway whatever he begun to bet yet this is a Huge winning for a quarter a penny bet.
You can check how much he has burning by visiting his profile but what's the fun of that because what matters in the end is how much profitable was your gambling journey.With such small amount he has able to win more than $7k which is pure luck and might covered his loss.So we can also have the same win on our side.You might hit more than x1000 multiplier at some point but you don't need to lose hope for the same.

also shows how generous and legit Rollbit site is providing this kind of luck.
Although Rollbit is legit and one of best casino out there but they don't provide you any kind of luck so what exactly are you saying? You just hit the bet button and if you are having a lucky day you will win and Rollbit don't have any role in it.They are providing you probably fair games only and luck is based upon your destiny.So keep the hope with you.
3264  Economy / Gambling / Re: Roobet.com | Crypto’s Fastest Growing Casino 🦘 on: August 19, 2021, 08:13:29 AM
Remarkable? Care to explain? Honestly, Roobet did an amazing job by attracting scores of gamblers over time through their various marketing campaigns, but I wouldn't call this achievement remarkable since some rival sites achieved similar results in the past.

Also, they are the ones imitating other sites by adding a sportsbook section frankly speaking.
Attracting more and more users and hitting billion bets within these years is also not a small thing which can be left unoticed mate.They have made their name in market and among gamblers and emerging as most famous crypto casino and bring out art contest and guess the wager and more promotional things on the go for players aside from gambling only.

Yes they are in competitive market and develop sportsbook to provide users a vide range of gambling experience on Roobet only and to gain more profits as house always have a edge we know.But developing it in short span of time is remarkable if not an achievement though.But still players are happy with this and we know they are into profit making so we imitate others also.
3265  Other / Beginners & Help / Re: Ranking up is possible! 2900 Merits earned in less than 12 months!My 11 Hints! on: August 19, 2021, 06:54:43 AM
It is great motivation for all the members to see @fillippone growth on the forum and we all can learn a lot from him and implicate those things in our posting styles.But what most of the members see is that he has gained enough merits like on July 24 he posted that he has now received 6000 merits on his profile to look it like even number and now see he is at 6271 merits at this time of writing the post on 19 August which is 26 days ahead he has gained 271 merits.This is really fast and he is one of the top merit gainers.But the main point of concern is that he registered on the forum in 2018 and within 3 years he has reached that levels how? The merits were not airdropped to him or given as gifts but he has gained them with his effective posting skills and becoming an asset to the forum.See his post history and you will find that how much he has contributed to the forum and when you will read his posts you will find in depth knowledge of the threads he has created as he gives all the details related to that information with proofs which are good enough to gain merits.

His forum stats are ofcourse very good if you look aside from merits also and he is being one of the top members of the forum which you can look here:


But also have a look at his post and you will get idea about the same of his journey:

5 Resources to teach average joe about bitcoin    - It has 54-55 merits

Is bitcointalk losing user base    - It has 70 merits in @OP post

Lightning Network Observer   - It has 59 merits in @OP post

Debunking bitcoin is an environmental disaster   - It has 40 merits approximately

Similarly he has made 120 threads with his registration on the bitcointalk in 2018 so you see it might seems that he has gained merits easily but he has worked for it by making effective contributions and being a helping hand for newbies providing useful information on many boards along with local boards.Above these he is top generous merit source on the forum and send many to other members.

We can also reach that level's if we are capable of it but we just need to acquire knowledge for the same and keep contributing in most effective manner which is the only way to gain merits ans the purpose of setting up this system by theymos.So give your time and you will see growth in your rank when you give the forum best you will definitely receive rewards for the same.It is open discussion forum and capable members can reach whatever levels they want.

So look at @fillipppone growth and try to learn from him and implement the same in your posting also.Rest he serves a great motivation for all of us.

The streak will surely be broken so don't worry about it and just keep the good work man Cheesy
3266  Bitcoin / Bitcoin Discussion / Re: Bitcoin Replacing U.S Dollar as the global Reserve Asset on: August 18, 2021, 01:13:25 PM
The main point of invention of bitcoin was decentralised P2P payments without any third party intervention and all this happening on a trusted network with security without any double spend issue and bitcoin solved this.But why we are we always speculating that it will replace fiat and used as reserve assest? The more adoption will increase when government regulates it and people use it as normal payment system like fiat over LN to avoid any fees related issues and making as many possible transactions.This is how we need to think of bitcoin and not as government will back it up as reserve asset because they are trying to fool you as US dollar have not been backed up and there are no federal reserve but only proclaimed policies of government.Bitcoin will find it's best way to grow as it has grown without any third party support and all those FUD and it is bubble so we can speculate its growth when all are ready to adopt it and remember the supply is limited to 21 million but it's not really the same due to lost coins and 1 million with Satoshi Nakamoto so have it soon without thinking anything.
3267  Economy / Gambling / Re: Roobet.com | Crypto’s Fastest Growing Casino 🦘 on: August 18, 2021, 12:58:23 PM
Now it is perfect, all in one.
Placing my first sports bet in here in tomorrow's DFL-Supercup, the feeling is awesome, hope my luck will be good with Roo's mascot.  Cool
I never thought Roobet would open Sportsbetting. They were always talking about a big change that may happen, but I never imagined it would be so dramatic. my first experience is good, best of luck Roobet team.
Many were surprised by this new announcement and addition of sportsbook to the Roobet casino and was welcomed by all and with minor UI lag everything looks good but as discussed above also they will made more development time to time as it usually takes lot of time to develop proper sportsbook and they have managed to make it is good thing.Rest best of luck with your first encounter on roobet sportsbook  supercup.
3268  Economy / Gambling / Re: Rollbit.com | Crypto's Most Rewarding Casino 👑 on: August 18, 2021, 12:45:03 PM
For small gamblers like us this wins are one way to keep encouraging us to play with consistency that we can also be lucky one day.This might be attraction strategy by the casino by sharing such wins but it's not any fake thing but the actual wins which they share and we can also be the one to have same profits in our bucket.Have a look at this fresh win  Smiley

This player turned 25 cents into $7365 on El paso Gunfight by hitting 29,461 multiplier on Rollbit



So keep playing gamblers and putting such small amounts is not risky at all but keep your budget limits set for the same.
3269  Other / Archival / Re: Another Motivation for Novice Crypto Investors on: August 18, 2021, 12:29:14 PM
Investing in Bitcoin is not as good as believing in the future value of Bitcoin. For some stubborn investors, as well as those who like to gamble, I will not waste my saliva, it is better to bake a piece of bread.

 Grin Grin Grin Grin
Those who don't invest in bitcoin now or beleive it is like gambling and you can lose money with blink of eye the market don't cares.Baking bread will be left only with them because inflation will reach its peak that they will have to bake bread only as nothing much could be affordable with your paper dollar bills in your pocket and you could also burn them in tossed bread sandwich then.Good luck to all of you bitcoin is going its way and government will still be printing more notes that would not be used any more.
3270  Other / Beginners & Help / Re: Forum Skills on: August 18, 2021, 12:07:33 PM
Every user is serving a different purpose on the forum and you don't need to engage all the discussion but if you are serious about that then give it time and slowly develop those skills which can make you capable of that to take active participation on each topic.Those members you are taking about have not developed those websites and data collecting in one go but have taken their time and have technical knowledge of coding.So you need to learn such programming languages like phyton,c++,java and some frontend languages like js or CSS and then have logical building to make up some sites or solve complex bitcoin problems and suggest some BPIP.You have to master that things and that will take some time.

But if you talk about other members who are not so technically sound but still gaining merits is because they have contributed effectively on the forum and created useful threads for newbies and helped the other members with their knowledge.So they get merits for the same.If you are having some useful information about bitcoin and want to actively participate in that discussion just give your some legitimate and original ideas or good thoughts to enhance the discussion and no need to have any kind of technical knowledge for the same.

The forum has many boards like bitcoin discussion,B&H ,Political, Economics,Trading Discussion and some local boards which doesn't require any technical bitcoin or cryptocurrency knowledge.But only thing required is knowledge and you can gain it time to time from different sources.Sometimes we are in rush to take part in everything which can be harmful because jumping into topics with half or less knowledge could ruin your image.So give some time as you are doing good on the forum already as there are members who have not gained any merits from long time but you have managed to gain enough so enjoy and keep posting the same or in more better manner.

Rest if you are interested in learning then best choice is to read Mastering Bitcoin by Andreas Antonopoulos that can give you enough of bitcoin knowledge that is required at most cases.

Some books we need to read

Bitcoin books and libraries by Ratimov

Try to learn as much as possible and give it time and you will definitely reach your goals one day and become effective member of the forum.
3271  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 18, 2021, 09:09:35 AM
This is actually true and same is happening in the market now also


Don't get flattened on whitepapers only because these shitcoins are writing some attractive things to attract you and once you become holder of this shitcoins you came to know that they have no utility and there are no wheels to move the car so how will they progress and your funds will get decayed after certain period if you don't get out of them ASAP.
3272  Other / Archival / Re: Another Motivation for Novice Crypto Investors on: August 17, 2021, 03:48:45 PM
This is the beauty of this forum, we keep expanding our knowledge daily. Reading the analysis in the main post and your comment here, I have come to realize how shallow my argument was when I wrote an article about saving your money in gold for the long run. https://bitcointalk.org/index.php?topic=5351631.msg57567467#msg57567467
And most people that saw the weakness of my argument pointed it out straight away.

Bitcoin has proved over and over again that it is the best long-term investment plan one can have. Even with the various major dips it has suffered at different points in time, it still gives the best ROI. This is the best data to give to anybody that is asking if BTC is a good long-term investment plan.
We all pass through this phase at sometimes and many people were considering gold as better or say best investment which will give them stable returns in the past but now what is happening around the gold market? The gold has been here from ages and managed to have a market cap of around $11 trillion at current but bitcoin has managed to reach $1 trillion in just time span of 12 years which no other assets or major companies have managed to do so.But with limited supply of 21 million and time barred to mine all of them in 2140 is other boost to the prices but on the other side gold mines are still active and who knows when they will be exhausted.I also made a post about the same in WO thread and you can have a look at it : https://bitcointalk.org/index.php?topic=178336.msg57568191#msg57568191

The image described how diminishing returns gold has given to the user for all those years and who still believes btc is bubble and gold is safe heaven are going to blame themselves and government in coming days so don't belong to that category.


It is good that you change your viewpoint about the same after getting btc exposure and came to know how revolutionary it can be against rising inflation and can turn the financial stones for you.

3273  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 17, 2021, 07:39:54 AM
If BTC goes below the red trend line, that will be a problem.

Overcoming problems is now not a new thing for bitcoin and even if goes below the red lines the next thing we will see is like this:



BTCelieve it  Smiley
3274  Bitcoin / Bitcoin Discussion / Re: Additional security measures when your Bitcoin net worth increases on: August 17, 2021, 07:19:43 AM
The security should be done at each phase whether you have small funds or large portion of money in bitcoins as they are your funds and you need to secure them in any possible way.But yes for sure you can use different addresses or divert your funds in many hardware wallets but don't go too far like digging them up in four or five different continents.You can simply have them with you and seed phrases backed up on metal plates or piece of paper for which you need to know which is best way to safe them from any damage.You just access your hardware wallet and confirm the transaction so it's okay as attack chances are not there so it is advisable instead of using any CEX or online wallets.Additional security will make your cost more but spending $100 or even more to protect $1 million is worth it so you should not have any issues with them.
3275  Economy / Gambling / Re: Rollbit.com | Crypto's Most Rewarding Casino 👑 on: August 17, 2021, 07:05:30 AM
Playing a game with fun, for entertainment will bring you lot of joy and new games will bring more emotion usually. Gambling sites often run promotions, redeem codes when they launch new games.
Playing it as entertainment purpose and in limits will surely bring joy if you are small gambler but if you are some sort of professional running streams then you take it somewhat in serious manner and loss could affect you more.But as you said final results are main whether you win or lose but never lose hope and keep carry on the same way you are playing.
3276  Economy / Gambling / Re: Roobet.com | Crypto’s Fastest Growing Casino 🦘 on: August 17, 2021, 06:50:44 AM
This is great news for the community and we might see art contest also after the current are finished.
Their most recent summer art themed competition ended yesterday, and I'm grateful that these talented bitcointalk members have always dedicated part of their spare time to creating a masterpiece for Roobet.

I'm hoping that those pieces of artwork will have a substantial impact on their marketing approach in order to help them stay in business. No only that their competition allows me to develop my digital skills but also covering all of my educational expenses.
I have seen your artworks and they are quite impressive and you winning the competition justified your artworks.It is good that you are making use of your skills to participate and win roobet art contests and covering your fees expenses from the same which is motivation to others.Great to see your work and keep it up bro.
3277  Other / Beginners & Help / Re: Private key error. on: August 17, 2021, 06:38:26 AM

This is why you shouldn't be storing private keys, but Seeds.

Seeds are easier to note down and to remember. You can just note down 12-24 words. Those words are called Seed, and that seed is a masterkey which is mathemathically related to all private keys in a wallet.
But it must be noted that seed phrase or mnemonic codes of 12-24 words which are randomly generated must be backed up in offline modes so that nobody have access to it.Because if any other person gets to know it they will just enter the seed phrase in BIP-39 supporting wallets and the funds will be imported to that wallets and they can easily spend them.The seed phrases are randomly generated from 2048 word list or BIP-39 wordlist which you can get from GitHub link:
https://github.com/bitcoin/bips/blob/master/bip-0039/english.txt

The hacking chance are less even if the words are known because they are randomly generated in any order as there are 777,788,267,247,859,345,059,141,959,844,041,626,185 possible combinations for a 12 word seed phrase.

You must write them on piece of paper in correct order and don't post any photo or save screenshot in mobile phone as your funds safety lies with you.In most cases try to use hardware wallets like Ledger Nano S or trezor as private keys are safe on them and only transactions are shown to the blockchain but still be safe with your seeds and keys.
3278  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 17, 2021, 06:25:00 AM
Clon Musk feeling left out these days after people came to know about his some cheap tricks of manipulation and he might be feeling that btc prices are still up but DogeFather importance is sweeping away along with shitcoins in market.He be like just look at me once and listen to me please Grin
3279  Other / Beginners & Help / Re: Ledger Nano S/ Hardware wallet Question? on: August 16, 2021, 09:54:54 AM
For your clarification watch this video which can help you out with some of your doubts and how the Ledger Nano S hardware wallet works or how to set them up to secure your bitcoins.
https://youtu.be/GPpZxOjvU10

The only best part of using them is that your private keys are safe on them as they have no online link up and are store on your wallet forever and when you need to send bitcoins you need to connect it to pc under the app to make transaction and confirm it from your wallet and still private keys will be safe.But yes most important is to backup your phrase which you will get because it is getting your funds if someone got access to it.These things need to be taken care of.
3280  Bitcoin / Bitcoin Discussion / Re: Bitcoin (BTC) Lightning Network Capacity Has Surged Nearly 2x Over the Last Year on: August 16, 2021, 09:40:24 AM
When it comes to costs, people think credit cards are cheap. They actually aren't. They are for you (the buyer), but they aren't for the merchant. He has to pay hefty fees, but those costs will be included in the price that you as a buyer pays. Have you ever been in a shop and the merchant asks "cash or credit card?" There is a reason for that. If you pay with cash, you'll pay less compared to what you would pay if you used a credit card. That's because of the fees I mentioned previously.

To route payments over the LN on the other hand, you only pay a few sats + the channel opening and closing on-chain transaction.
Only few understand this and don't exactly feel how the fees are also present in those card related payments and the banks would charge interest on your credit card payments and that seems to be feasible to them as due to this pandemic situations digital payments have taken over and less people prefer to pay in cash and that has increased the bank and third party payment gateways profits from fees and charges.They received billion in just 1-2% of the total amount.

But with LN you just open a channel between two parties and all works in trust manner and you only pops up the fundamental and final transactions to the blockchain for settlement and opened and closing of the channel.The amount of transactions that can be made are also huge that you won't possibly cross that limit ever and the coins remain locked with no issue and with revocation keys you feel safe over LN.The fees will be for the only transactions that are transmitted over the network and you won't mind paying that much as it's far much better than paying in interest and fine charges to card companies in normal.That is why he have seen LN settled so much transactions and 100 bitcoin capacity was achieved in five days time span.Make clarification for the same with this image :


We will soon see the capacity increasing more rapidly with adoption as it is one of the best possible use of bitcoin transactions.
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