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3361  Bitcoin / Bitcoin Discussion / Re: BTC reward per block - supply is not actually limited? on: July 01, 2021, 04:03:25 PM
it is better to say that reward-per-block will fall below 1 satoshi after 2140, what do you mean?
Theoretically, satoshi is the smallest unit of Bitcoin and I guess the block reward will be 1 satoshi minimally.
Total supply of Bitcoin is less than 21 M that is a rounded number.
Exactly it is capped at 20,999,999.9769 BTC

From 2136 to 2140, there will be 0.0021 BTC added to total supply. I am not kidding. It means current weekly payment rate of signature campaign will be about what miners will get within four years (2136 to 2140).  Grin

Code:
(20999999.9769-20999999.9748)/(6930000-6720000)
Lots of zero for block rewards within that 4-years period ~ 0.00000001 BTC per block.
3362  Other / Beginners & Help / Re: Ignorance and greed, that's the cause of it all, everyone be warned. on: July 01, 2021, 08:53:53 AM
This is the practice of all our bounty hunters. They don't give a damn if they support the fraud, if they were paid a penny, and the hunters were able to get theirs, what will happen next is no longer interesting.
Exactly about bounty hunters but my post is for traders or speculators as well.

Quote
If such people have extra money, do not want to listen to the advice of more experienced people, do not study on their own, how can we help them?
Once they have lost something, they will begin to think. So don't worry about them. Sooner or later, everyone gets their lessons
Those people don't want to read, listen to advice that gives them knowledge, lessons about losses, etc. They only care about profit and skip all advice, risk. They mostly want to have pump signals.  Undecided

The game will be like this
  • Begin with small capital
  • Being lazy, win big
  • Use big capital (initial + big profit) to gamble again
  • At the ends, they will lose all capital after only one failed decision or a streak of few decisions.
  • Most of them can not learn anything from it, and will repeat they cycle again
3363  Other / Beginners & Help / Re: Ignorance and greed, that's the cause of it all, everyone be warned. on: July 01, 2021, 05:21:58 AM
Even scam projects can be good ones if you know what you are doing, participating at a right time, and take profit as expected or as planned. Scam projects are undeniably scam projects but it does not mean 100% of people who participate in would have losses.

In a single project, there are winners and losers as same as on wider market, the crypto market. Newbies who invest in cryptocurrency in March, now can call it as a scam market but who invested in March 2020 and took profit in early 2021 would call it as a good or perfect market.

Scam or good projects, they can be different in brand names, marketing strategy, borrowing technology but they have common price actions. If you are good at price actions and market psychology, you can find good entries and make wise exit decisions.
3364  Bitcoin / Bitcoin Discussion / Re: My Bitcoin Questionnaire on: June 30, 2021, 03:23:39 PM
The questions were open ended questions, sometimes presented orally as an interview.
There are few types of question in questionnaires
  • Open-ended
  • Fill-in-the-blank
  • Close-ended
In most cases, close-ended can be the best. It is most convenient for interview, data collection as well as later data cleaning and analysis. However, it does requires the researcher has to have enough experience and get narrow down the list of very possible answers (choices).

Open-ended type is bad because you will get troubles for later data processing. I don't say one questionnaire should not have a single open-ended question but you should not design too many questions like that.

Close-ended questions can give choices like categorical or ordinal options. Ordinal means you can give some degrees or intensity levels for possible answers. It is more quantitative.

Choose what type of question depends on your experience with survey and expectation from your specific survey.

Quote
I did it to know the level of acceptance and perception about Bitcoin.
It can be different from demographics, SES, etc.
3365  Bitcoin / Bitcoin Discussion / Re: Factors affecting bitcoin business on: June 30, 2021, 02:01:34 PM
Change in government - it's simply means when another government enter there's will be reduction or addition of some policies.
It can bring positive or negative impacts on Bitcoin, short term. Long term, the trend is bullish. Because the general trend of traditional economy and fiat currency is hyper inflation.

The problems belong to governments, their fiats, not Bitcoin.

Quote
Political instability - when political system in the country is not stable, everything will get down.
It's not true. Have you ever heard the story of hyper inflation in Venezuela and the sudden massive adoption on cryptocurrency?

Financial and political crisis contributes to the top trading volume for Venezuela among other Latin-American nations on Localsbitcoin and Paxful.
3366  Bitcoin / Bitcoin Discussion / Re: My Bitcoin Questionnaire on: June 30, 2021, 12:29:13 PM
With a mixed target audience of educated and uneducated.
Educational variable is the most bias variable because in developing nations, you will have to face with inaccuracy when you collecting samples with questions related to educational levels.

Additionally, other variables such as age distribution, socioeconomic status (SES), etc can make sense on the exposure, acceptance for Bitcoin/cryptocurrency.

It is not a serious recommendation because you already collected data but some points are important for surveys:
  • Sample size
  • Sampling method
If you want to extrapolate the result from your sample to a specific population, then sample size and sampling method will be important. If your sampling method is bad, your sample can not represent that target population and you can not extrapolate results to the target population.

Result you get will only represent for that specific sample.
3367  Other / Serious discussion / Re: Metamask - Something Wrong at the Moment? on: June 30, 2021, 12:06:01 PM
3368  Economy / Trading Discussion / Re: Best indicators for this situation? on: June 30, 2021, 11:50:12 AM
Supertrend
Super trend indicator will help you to stay with the trend that is your friend. This indicator is not good if you are trader but very good if you are investor, hodler. As investor, if you see the super trend is bullish, any dip will be chance for you to accumulate more.

As a trader, you need to look at narrower time frame and your actions need to be more quickly with price actions.
3369  Other / Beginners & Help / Re: In desperate need of a Coach/mentor. on: June 30, 2021, 10:57:13 AM
Am new here but with a burning desire to grow beyond the expected time, and am much convince that with the help of a Coach with which I could use his/her wealth of experience here in this platform in addition to my burning desire to working out my success here, I believe I will do exploit.
It all depends on you, not any coach or tutor.

The forum is opened for all and the community have many helpful and active members who are readily to help you. Remember one thing that they are readily to help you when they see your posts, questions, etc. but it is not their responsibility to help you.

I meant if you are unsure about anything, and can not find with Search (Google, other search engines or forum search), you can create a topic here to ask for community support.

Ok, it's time to go onwards with some basic topics and search tutorial [1 - 3]. If your searching skill is not good enough, try to search with huge topic list [4]
3370  Other / Beginners & Help / Re: I'm new here on: June 29, 2021, 01:01:34 PM
You are welcome here and other newbies too.

However, your post looks like an attempt to beg for merit. It sounds harsh but it is what I feel.

If you don't beg for merit, please read the sticky topic [1], begin with it and expand to other topics on the forum [2].
3371  Bitcoin / Bitcoin Discussion / Re: Satoshi’s Bitcoin whitepaper to be removed from Bitcoin.org? on: June 29, 2021, 10:40:29 AM
I'm still confused... if court has accepted that he's "Satoshi Nakamoto" or only his claim over whitepaper. What does this claim really mean?
Another attempt to double or tripple FUD.

Craig Wright is not and will never be recognized as Bitcoin founder. Never. He was detected by many plagiarism attempts. It makes sense to wipe out any attempt from him or any governments that support Craig Wright.

Craig Wright Accused of Plagiarism Again. Cointelegraph is a shit online newspaper but you can dig more to find more researches about Craig Wright plagiarism.
3372  Bitcoin / Bitcoin Discussion / Re: Satoshi’s Bitcoin whitepaper to be removed from Bitcoin.org? on: June 29, 2021, 10:06:53 AM
What’s up with Cøbra?
You also should know that Cobra want (vague reveals but it seems like that) to sell Bitcoin.org domain (in last year).

theymos, the head admin of our forum, choose a good move to separate the forum with Bitcoin.org website and Cobra.
Domain name update

It is why the hyperlink to update wallet at the top is directed to https://bitcoincore.org/en/download/.
3373  Economy / Speculation / Re: What will bitcoin be worth in 2030? BTC price prediction on: June 29, 2021, 09:44:51 AM
Nice graph , wondering how much will be the value in 2030 if we will achieve 1million dollars by 2026?

maybe at least 2 million? damn that will be a good amount formy holdings  Grin Grin Grin
We should never rely on thoughts, perspective, predictions of the others to make our decisions because the final result will depend on input parameters of specific person. Even 100 people use the same model, join at the same price but they will have different limit of period to keep their positions before they must close it.

Different position closing times decide gains or loses. Therefore, totally depend of influencers' opinion is bad.

Here, I bring a tweet from Robert T. Kiyosaki for reference.
Quote
The best time to prepare for a crash is before the crash. The biggest crash in world history is coming. The good news is the best time to get rich is during a crash. Bad news is the next crash will be a long one. Get more gold, silver, and Bitcoin while you can.  Take care.

Is global financial crash a reason Bitcoin was created in 2009? Think of it.  Wink

The secret message in Genesis block
Quote
The Times 03/Jan/2009 Chancellor on brink of second bailout for banks

Another secret message in 2020
The final Bitcoin halving block had a secret message
Quote
NYTimes 09/Apr/2020 With $2.3T Injection, Fed's Plan Far Exceeds 2008 Rescue
3374  Economy / Speculation / Re: What will bitcoin be worth in 2030? BTC price prediction on: June 28, 2021, 02:15:25 PM
Stock to flow model. More than $1M in 2026 and for now, it does not give you an extensive forecast to 2030.

Models will be adjusted with time and each model has different inclusive parameters that also chronologically flexible. You can not predict all things on Earth in the next 9 years and don't know which of them will affect Bitcoin negatively or positively. Some of them can make models invalidated.


3375  Other / Beginners & Help / Re: 64% of Bitcoins are never used and will never be used on: June 28, 2021, 01:37:41 PM
Without further research, 64% (way more than the half of all the bitcoins minted ever, and almost half of the total supply) seems very inflated to me, too.

Anyway, 4 M or 5 M is still an insane amount, and it is very possible taking into account the way it has been unfolding through the years
In another article with given data from Glassnode [1], you see the potentially lost Bitcoin is about 20% of circulating supply so it would be 3.74 M bitcoin if you use today circulating supply. In fact, that data is in January this year, months ago. The highlighted part is important and people tend to feel crazy when som very old bitcoin is moving.  Wink

Double check, it is around 19% of 7-years+ inactive UTXO, according to https://unchained-capital.com/hodlwaves/

[1] $7 Billion “Lost” and HODLed Bitcoin Found Since Start of Bull Run
Quote
But some Bitcoin will be lost forever: around 20% of the current supply—or at today’s price, around $100 billion of the currency.

But as Glassnode’s data shows, lots of Bitcoin is reappearing.
3376  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][EMC] Eloncoin - Mars, here we come!! 🚀 - POS Energy Efficient. on: June 28, 2021, 01:15:41 PM
I just got my USDT on my wallet after almost 36 hours. That sucks. I will not deposit a penny even anymore. This is really a shit one.
Tron is fast enough but if they don’t release the fund, how will you get the coin? They released just few minutes ago.
I used Finexbox many long time ago and don't remember whether I got delay issues for withdrawal or not. However, that exchange is not good enough, spread is very high and volume is very low. I checked it a few days ago and see spread is still high.

About 36 hours, some small exchanges will have manual withdrawal approvals if I am not wrong. It sucks technically but it does not mean they are scam exchanges.

You can get same withdrawal issues with small gambling sites.
3377  Other / Beginners & Help / Re: Posting techniques for newbies on the forum on: June 28, 2021, 12:10:42 PM
Some sources for posting technique
3378  Other / Beginners & Help / Re: 64% of Bitcoins are never used and will never be used on: June 28, 2021, 02:16:10 AM
I think that should be a system that punish wrong information as we have the one that punishes plagarist.
The world should give us freedom of speech that is one of very basic rights for human.

You know, the most basic and important thing for human is a right to think different. Not think, but think different. And from which, write or say different with what you think of.

Everyone can write anything they want and say it is right but as a reader, you have to assess given information and decide to accept it or ignore it.

About the forum, theymos want to give as much freedom as possible.
bitcointalk.org is not a normal for-profit company. Even if banning iamnotback somehow stopped all future ad revenue, he would still be banned, since his rule-breaking is disrupting the forum's mission of hosting free discussion of Bitcoin and related topics. (As explained above, "free discussion" is not "unmoderated discussion".)
3379  Economy / Speculation / Re: Summer dip?!, December price outcome? ---> JOIN and guess the price GO! on: June 27, 2021, 04:05:59 PM
266. $95,063.88 - $96,965.14

My prediction: $96,000 so I choose the box 266.

It is not because it is my most favorite box but the rest one around it.

Bitcoin will likely to be warmed up again around November and in December, it can retest the current all time high. So why do I choose such high price, not somewhere around $60k?

The momentum of Bitcoin becomes bigger with time and its cycle will be shorter and accumulation can be finished sooner than it was in the past cycles. So I choose less than 50% up from current all time high.  Smiley

The award for winner will be 0.077 BTC that is so great. I recall in the previous game, the award is 0.15 BTC. Is it correct?  Cheesy
3380  Economy / Speculation / Re: Crypto Winter Is Coming, Warns Experts on: June 27, 2021, 03:45:16 PM
Winter is not coming and it won't in this year. That tweet is funny but makes sense.

I wait for a real blast off to the Moon in this year.

Even if the winter will actually come with us, it will last shorter than previous winters. More institutes, better mainstream adoption, more heat on the market and the next winter will be shorter.

You can verify it by looking at how faster the recovery of Bitcoin from bottom in March 2020, that is the beginning of its big bull run. If history repeats exactly, such big bull run should be triggered many months later than March 2020.
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