The next day will be a big day for bitcoin since it looks like Taproot will lock in in about 20-24 hours (124 blocks as of this writing) - barring some craziness. Like the first halving, lightning etc, I suspect that plenty of people will be watching it closely to mark the occasion. All in all, this should be a big positive for the ecosystem.
If anyone does not know about Taproot , check at Taproot.watch. As of writing, 84.18% blocks in 2016 blocks period are signaling-blocks and the threshold to lock in Taproot is 90%, not far from now. If this lock in procedure is successfully done, the Taproot activation will be activate a softfork in November this year. Read more at About Taproot- 2017: Segwit hardfork
- 2021: Taproot softfork
Best has yet to come.  |
|
|
|
like they say its going to have a domino effect. iran must be preparing this regulation when they ban the mining. so when it resumes after 4 months, the government also comes in to mine btc?
Personally, I see no domino effect for nations. Each nation has different situations and issues to solve. Accept or reject Bitcoin/ cryptocurrency is or isn't their priority. No one can prevent governments to mine Bitcoin if they can find supplies and buy ASICs. With uncertainty of politics, I can not trust on any governments and their polices. They can change their policies or at least change their public announcements after one night. Mining Bitcoin is not bad idea for nations that are suffered serious sanctions such as Iran, North Korea. They have nuclear power and what they are lack of is only ASICs. Setting up mining farms and power supplies are not matter with them. |
|
|
|
Currently I have $109,750 in Bitcoin and $60k in alts.
It is a good capital with which I don't think you should make any loan. The loan would be from my family and interest free. If the value of my cryptos drop I'm willing and able to wait up to five years to break even.
Free interest is good but one thing you must know. - Your relatives can give you promises and they are possibly honest with what they say
- Unfortunately, life is unpredictable and if anything happens, your relatives need those money back earlier than 5 years. What will you do?
- I don't expect any bad things for anyone, you or your relatives, but it is life and must thing of such scenario
I'm thinking of getting a loan to buy more alts now and more as Bitcoin goes down.
Let's move next, what altcoins do you want to buy with your loan? - I hope they are not shit meme tokens, shit NFTs
- With top altcoins that have good developments, big communities and good fundamentals, you can load them up. They are different than Dogecoin that appears in top of marketcap but is not a top coin.
- Reminder: I don't think you should borrow a loan
|
|
|
|
Do you still think that a trading career is still doable? Assuming that you've studied and get your education first and then refining it day by day? Getting education means that you are studying the theoretical concepts, practicing your money in the real market with proper risk and bankroll management and a good mental analysis?
That might sound too optimistic but can we still make a career as a trader?
Trading and investment are good and have their own beauty. I know investors earn more profit than traders, in most cases. Therefore, if you are in crypto market, let's allocate your capital into 2 parts: investment and trading. Depends on how good your trading skills are, how disciplined you are in trading, you can allocate different % for trading. I don't advise to use more than 20% of your capital for trading. 80% to 90% should be allocated for investment. Last but not least, if you double your trading capital, take the original capital out, and keep trading with the profit part. |
|
|
|
Picture illustrations are helpful in explaining problem and solving also problems and it also makes work easier for mod than the use of words.
Diagrams, infographics are helpful to describe ideas, present information but they have side effects - Some people don't have good Internet connections, they will get troubles to load images and full pages of each topic
- Some people have very limited bandwidth and images will eat their bandwidth
- You can not copy, quote part of information in infographics ie.
To sum up, I think texts are best in most of cases. |
|
|
|
Thank you. I am in Best Change campaign but I want to find others. |
|
|
|
Scalping and reviewing charts for many hours helps a lot in the future.
Charts are not enough. Scalping method is great but if a newbie does not know when to use it, when to stop scalping as well as trading before a massive movements of market, all temporary earned profit will be lost. Beyond the chart, newbies must look at walls. Walls don't stay permanently but they're signals of possibly big movements in the future. If the market has massive movements, it will move to where the walls are staying. When a market gradually moves to a point around a massive movements, it is time to stop scalping for newbies. Just to protect profits they have earned. Skills develop, you can already predict upcoming events on the market in advance, because you look at the chart and understand that you have already seen such a development of events, and more than once. After 3-4 years of daily trading, you begin to see small patterns in the market based on your historical statistics, when you spent a lot of time at the computer. In this regard, I certainly do not regret that I spent so much time on scalping, there are positive aspects to this, of course.
Sure. Also can develop good and strict disciplines for trading career. |
|
|
|
This challenges has now make registration of bitcointalk account difficult mostly for the newbies and thereby also causing limitations to the population of people wishing to be long to this lovely ecosystem.
I Suggests if account registration can be done without VPN or either if the related problem above can be Minimize.
I guess you meant about evil IP points. Check a few topics If you don't want to pay a registration fee / evil IP fee, you can try your luck with another account. Obviously, you must do it at other places, with different IP addresses. If you love the username of restricted account, you must pay the fee that is not expensive. It is a privilege to join this amazing community in which you can learn a lot of valuable things. A small cost, if you are unlucky is not wasteful. |
|
|
|
but why? the Donators and VIP members didn't donate in dollars but in bitcoin.
Good point! Indeed, companies or tools that get earning in cryptocurrencies, Bitcoin, Ethereum or whatever else don't lose if they use what they receive as payments or donations. I understand the value in fiat currencies will be big, obviously and undeniable but as said, for donators, they have huge money and if they are companies like above, they can donate if they want to contribute. If you know the last donator (with 10 BTC) is Claymore, it makes sense. In 2017, Ethereum mining is very hot and Claymore is the mining tool for Ethereum miners. The same goes for Bitcoin tumbler services like Chip Mixer. The same goes for your trading fees: If you trade Bitcoin to USDT, pay your trading fees in BTC or USDT. If you trade ETH to BTC, pay your trading fee in ETH or BTC. Exchanges earn such money, depend on your trading. They earn more if you trade BTC, less if you trade shit altcoins. Trading fees are not fixed in fiat or stable coin. Difference is officially from taker and maker fee (%), not from trading pair but in fiat value, trading pair makes sense. |
|
|
|
Thanks for the video.
You are welcome. I see how he has extra fans installed on the rig. I will probably do the same once I get some bucks back. Since I don't wanna rush spending from my own savings now, I will await some payments and then go for the modifications.
You should not feel serious about the cost, financially. Those fans (or exhausts) are very cheap. They are not expensive and will give you almost same cooling effects but at very cheaper cost than air conditioner. Disadvantage: They are a little noisy.  |
|
|
|
Do not know what it pays or if it pays but it would be okay by me to do either one.
Yes, they will get payments but their payments will be decided by levels of things they handle on the forum. The last financial report from theymos is in December 2017.2015:
Income: About $144,000
Expenses - Forum software project: $849,400
Expenses - Mods and others: About $104,000
2016:
Income: About $178,000
Expenses - Forum software project: $36,260
Expenses - Mods and others: About $85,000
Expenses - Hosting etc: About $27,000
2017 !!!VERY TENTATIVE!!!
Income: About $1,065,000
Expenses - Forum software project: About $159,000
Expenses - Mods and others: About $120,000
Expenses - Hosting etc: About $40,000
|
|
|
|
Like I said,,, people have no jobs and no money, anything they can get they are spending on food and even earning second incomes and third incomes to pay for bills. It is not that they do not want to save in Bitcoin it is about not even having money to save and even eating their current savings already. So no, I cannot see how pandemic is good for poor people to buy BTC.
The pandemic has impact on Bitcoin but it does not give the poor chances to get rich. They have many other things to solve every day and with them, investment is something out of hands. Firstly, the pandemic brings more QEs from big nations that in turn help people are more aware of the instinct (hyper)inflation of fiat currencies. They are more attracted to the fixed supply of Bitcoin. Secondly, the halving in May 2020 comes in time, 2 months after the pandemic announcement from World Health Organization. It hep to amplify the impacts from the pandemic. Lastly, the massive participation of institutes and their investments amplify Bitcoin more among the crowd. Together, those factors contribute to the mini bull run for Bitcoin. |
|
|
|
even XCH is down -20%, and HORIZEN is down -15%
When the market is bleeding that is triggered by Bitcoin, altcoins will have worst losses than Bitcoin. Don't compare altcoins with Bitcoin generally and XCH, ZEN in particular. Crypto just can't get any respect, or has it lost new suckers to play the game?
Respect, really? They are speculative assets, even Bitcoin. Bitcoin is the less speculative assets among many cryptocurrencies. HODL on garth, remember the bag holders must HODL all the way back to $3k and below.
You did not say clear in this sentence but based on your topic title, I guess you talked about Bitcoin. Please $10k is not calling, so forget $3k. I see you change your price calling in every of your topics. If Bitcoin falls to $3k, you will call a price at $1k. |
|
|
|
I pay attention to your air conditioner. - It is right that the air conditioner should be directly aimed at your rigs, to cool them down, not the whole room.
- It brings more direct effects for your rigs but in generally, the overal temperature of your room is somewhat stable, a little bit higher than around the rigs.
I see temperature on the chart and see it is not low. With a temperature around 60 to 65 Celcius degree, it is not perfect if you use air conditioner in the aspect of power cost. Alternatives - Install more fans for your rigs
- Keep your mining room as opened as possible for better ventilation.
Have you tried to install 2 or 3 fans (exhausters) for your each of your rigs. It will give you similar temperature but with cheaper power cost.  Similar set up as same as in the video: https://www.youtube.com/watch?v=W4M7isj3c80 |
|
|
|
How can i improve here or rank up here?
I don't know how long have you been in crypto. If you are both newbie in crypto and on the forum, please learn about Bitcoin first. It is the Bitcoin forum, for talk (discussions) about Bitcoin. There are other things here but main purposes and main parts are for Bitcoin. When are you more knowledgable about Bitcoin, you can help other newbies or other senior members but don't have enough knowledge about Bitcoin. Some sources to begin with |
|
|
|
Honestly, in the past, I participated in the Livecoin exchange's signature campaign, because I believed it is not a scam. Last year, Livecoin did a scam exit. It's not your fault they did so, nor could you have predicted it. You participating in a Livecoin campaign before they turned evil isn't the same thing as putting on a signature by 1xbet and not caring that there are hundreds of users who got scammed and had their winnings or deposits stolen by that same casino. In fact, I did not participate in that campaign in the first phase that was managed by Hhampuz. After Hhampuz stopped managing it and the community separated about Livecoin is scam or non-scam, I joined it because I believe they are not scam. That's it. It is my tough decision honestly but I do not regret because my understanding is inaccurate for that case. |
|
|
|
Why is Bitcoin’s supply limit set to 21 million?According to an email purportedly shared between Nakamoto and Bitcoin Core contributor Mike Hearn, Satoshi reasoned that if 21 million coins were to be used by some fraction of the world economy, 0.001 BTC (1 mBTC) could be worth around €1. This prediction came true back in 2013, when Bitcoin first broke through the €1,000 price point; today, each mBTC is currently worth closer to €8.25.
Although Satoshi compares the price of Bitcoin to the Euro in his email, some simple mathematics indicates he may have had a much grander vision for Bitcoin—better explaining why the 21 million maximum figure was chosen.
At the time of Bitcoin's creation, the entire world's money supply stood at approximately $21 trillion. This figure, known as the M1 money supply, is made up of the total value of all the physical money in the world, including cash, coins, travelers' checks, and more.
If Bitcoin were to grow to become the single world currency—replacing all those that the M1 figure is comprised of—then each BTC would be worth $1 million. Because there are 100 million satoshi in each Bitcoin, this would place the value of each satoshi at $0.01.
Another explanation is simply math Calculate the number of blocks per four year cycle:
6 blocks per hour
* 24 hours per day
* 365 days per year
* 4 years per cycle
= 210,240
~= 210,000
Sum all the block reward sizes:
50 + 25 + 12.5 + 6.25 + 3.125 + … = 100
Multiply the two:
210,000 * 100 = 21 million.
Or just look at the graph: ... Obviously it won't ever cross (or even reach) 21 million. A different chart from Bitcoin Wiki - Controlled supply and a different visual presentation from @fillippone with Equivalent Network Time 👉 Bitcoin will become more precious with time and with more amount of lost Bitcoin.
|
|
|
|
Other alternate websites for you According to [4], most of those companies are from the USA. and Canada.  Reminder- They are tips of iceberg. There are probably more companies have investments into Bitcoin
- They just have yet publicly announced their investments
|
|
|
|
I am on the forum not so long ago and have little knowledge of the previous rules. For 2 years of being on bitcointalk, I constantly read posts that moderation and trust are two different things, that scams are not moderated and moderators do not interfere in proceedings regarding scams.
Neither scam not trust are moderated per (un)official rules 19. Possible (or real) scams and Trust ratings are not moderated (to prevent moderation abuse).
Additionally, each moderator has own perspective and own way to interpret rules and handle specific cases. 23. When deciding if a user has broken the rules, the staff have the right to follow their interpretation of the rules.[e]
So, after all, the scam was moderated before, or was it the arbitrariness of a particular moderator, who in fact did not have the right to make such changes to the topic name and in the topic itself?
I think the rule 19 says clear enough. - Sometimes, the fact can not be found too easily.
- A good service can be a scam until proofs are clear. Honestly, in the past, I participated in the Livecoin exchange's signature campaign, because I believed it is not a scam. Last year, Livecoin did a scam exit.
- I did not regret about my participation and my wrong belief in their service. I did not say they are scam and participated in their campaign, LOL.
- The forum is not a court of justice and proofs here can not be enough per local laws. It also does not make sense if the forum tries to be a global court for all services, companies on Earth.
Same for the request or unofficial votes from community for special account title, such as Memoriam. theymos emphasizes that he does not want to involve in such cases too much or make it as a traditional process when one member passes away. It is hard to verify that one person actually dies. |
|
|
|
|
Show Posts
