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361  Bitcoin / Bitcoin Discussion / Re: About Bitcoin Privacy on: October 03, 2023, 11:20:46 AM
Right. It was only this year when I learned that using different addresses for different transactions helps break the link between transactions. If all transactions were made from the same address, anyone could analyze the blockchain and see a complete history of transactions associated with that address. By using multiple addresses, it becomes much more challenging for anyone to track a user's entire transaction history. We should be careful, anonymity in bitcoin does not mean privacy.
Using multiple addresses in a same wallet is not enough to secure your privacy because some free tools like https://walletexplorer.com/ can connect addresses in a same wallet.

Bitcoin block explorers like https://blockstream.info/ and https://blockchair.com/ have their algorithms and privacy scores for Bitcoin transactions. If you want to know, you can click on a random transaction and see their score, note on that transaction.

Don't copy your address there to check without Tor connection.

I picked one random transaction with two critical issues: Address reuse and round payment amount.
https://blockchair.com/bitcoin/transaction/e4354ca6994f91055877062184ab0401af4c2dea62b469c12e2ccae629ef12d7
https://blockchair.com/bitcoin/privacy-o-meter?q=e4354ca6994f91055877062184ab0401af4c2dea62b469c12e2ccae629ef12d7

https://blockstream.info/tx/e4354ca6994f91055877062184ab0401af4c2dea62b469c12e2ccae629ef12d7
362  Bitcoin / Bitcoin Discussion / Re: Bitcoin always fight back on: October 02, 2023, 02:50:03 AM
I am probably one of those people who thinks price could dive down to 8k which the reason for me holding tight my Usdt. After several mistake like this, I find peace in it as long as I don't buy at ATH.
You can not find bottom of market and you can not time exactly when bottom is found. Try to find it is headache and rather than finding it, doing Dollar Cost Averaging and enjoying your life.

https://dcabtc.com/

If you try to find market bottom, you will hold your money and in the meantime you can use it for other things then when you buy, you will have less capital for your investment. With DCA, you buy it gradually but after a while, with some gradual DCA rounds, you will have bigger investment capital.
363  Other / Meta / Re: Do you use 'All' option given next to topic links to read all comments in... on: October 02, 2023, 02:46:02 AM
All you've to do is use the Preview button (it's close to the Post button) as you type along. It saves it. It's like a "Control S or Control Save on a PC. Once your comment disappears before you post it, just check your "draft". Draft link is beneath the Preview tab. If you don't look closely you're likely to miss it.
Draft page on Bitcointalk has its limitation and I agree with libert95 that I would like to use Notepad or some note tools to save my text rather than using the forum draft page.

Draft page - Pros & Cons
If you click Preview or Post, your post or your draft will be at https://bitcointalk.org/index.php?action=drafts
CONs
  • Limited to only last 100 posts and drafts will be automatically deleted after 7 days
  • Unable to recover your deleted posts to where it initially posted
  • Almost unable to see where you post it (post ordinal number). Exception: You can only get which thread you post it, when you quote posts of others when reply them
  • Unable to know when you post it
364  Bitcoin / Bitcoin Discussion / Re: Do you think Satoshi got rid of his private keys? on: October 01, 2023, 02:27:13 PM
And there is no reason to just get rid of the private keys, why would they get rid of the private keys? If they want to donate the Bitcoin, wouldn't be better to keep the private key, and send their Bitcoin to charity when the price is right?
It is different than idea for donation in this question as well as in a post of Satoshi Nakamoto. It is about lost bitcoins as donation  everyone else who have bitcoins because it helps to reduce total circulataing supply of Bitcoin.

It is different than sending it to an address of a charity entity and they will sell those bitcoins to have cash or exchange it to buy goods. At the end those donated bitcoin will be sold and it will affect market price and can not help to reduce circulating supply of Bitcoin.
365  Bitcoin / Bitcoin Discussion / Re: About Bitcoin Privacy on: October 01, 2023, 11:58:36 AM
Concerning bitcoin been seeing as a tool for just profit I don’t see everything bad in it since bitcoin provides people with that benefit aside it’s main purpose of been an alternative to the traditional way of making payments so there is nothing bad rather shows the vast advantage of bitcoin that everyone can fit in but just make sure you are investing an amount that you can
If you use Bitcoin for payment as a sender or receiver of a trade, it does not bring profit. Payment is payment between two trade partners of a trade and value of the payment is fixed, no profit for either sender or receiver.

Bitcoin only can help you gain profit if you hold it as an investment, as a reserve for a while and during your holding time, Bitcoin has good rise in its price. If you receive bitcoin as payment from a trade, don't hold it but cash it out, it does not create profit, never.

Venezuelans who have to accept bitcoin for their businesses even small ones, said in some interviews that after a few months, they disappointed because they started to accept bitcoin in a bull market, months later bear market came and they had loss by receiving and holding bitcoin for a while. It is a good example for you, I think so.
366  Economy / Trading Discussion / Re: Do we need to backup Screenshots balance on exchange? on: October 01, 2023, 11:50:03 AM
Screenshots are useless because it can be faked with Photoshop and other softwares.

Exchanges will not accept your screenshots. Governments won't accept screenshots as part of your tax documents.

Exporting your trading history is better but exchanges can have their policies to limit maximum time for you to view your trading data  which you can export it in pdf or excel file. On Binance, they limit it to last one year only. Other exchanges can allow you to export longer trading data like two years or more.

Because you are worrying about data loss, you can export it each month, each quarter or each six months.
367  Bitcoin / Bitcoin Discussion / Re: About Bitcoin Privacy on: October 01, 2023, 11:19:12 AM
1. Always try to use a new address to receive payments
If you receive multiple payments from a same person, company, why do you need to change your receiving address?

You can use different receiving addresses for payments from different partners or even can use different wallets for them too.

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2. Try not to publish your bitcoin address to the public.
If you don't have to do it, don't do it is the best practice.

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3. Try to keep IP addresses undetectable by using tools like VPN.
VPN is not the best, use Tor.

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4. Avoid using closed source wallets for storing bitcoins.
This point should be the first one.

Reminder: do not keep your money in online accounts

Use wallets that are open source, non custodial and have coin control features, RBF, CPFP because if you are going to non custodial, you will need those features.
368  Bitcoin / Bitcoin Discussion / Re: Do you think Satoshi got rid of his private keys? on: September 30, 2023, 02:16:41 PM
1. He still has the private keys.
If he (assume Satoshi Nakamoto is a male person) is alive, I believe he still has private keys.

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2. He does not have them or cannot access them (this includes his death without leaving them in inheritance).
I don't know he is already dead or just around so I can not say. If he has family, wife and children, with his carefulness, I am sure he would have told them about how to access his wallets like Hal Finney did.

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3. He got rid of them on purpose, as a donation to the rest of Bitcoin holders. Recall his "lost Bitcoin is a donation."
I don't believe he does it because he recommended people should never delete a bitcoin wallet.

Sigh... why delete a wallet instead of moving it aside and keeping the old copy just in case?  You should never delete a wallet.
369  Bitcoin / Bitcoin Discussion / Re: Cryptocurrency enlightenment and development. on: September 30, 2023, 03:54:25 AM
The first cryptocurrency blockchain was discovered in 2008 by Satoshi Nakamoto and after that bitcoin  was launched in January 2009 by Satoshi Nakamoto.
Bitcoin is not a first cryptocurrency. There are Digicash, Cybercash, Bit gold, e-gold, Hashcash before Bitcoin.

Bitcoin Prehistory (Saylor Academy).
Bitcoin Prehistory.
Bitcoin Prehistory Tree.
370  Economy / Trading Discussion / Re: Trade only Bitcoin on: September 29, 2023, 06:08:59 AM
Trading is a lifetime skill that is always beneficial if you know what you are doing, the biggest mistake of traders is trading alt that most times doesn't obey market structure,
when it comes to cryptocurrency, trade only Bitcoin.
Before you think trading can help you rich, you must think investing can help you rich.

If you can not invest successfully, it means you are lack of discipline and patience. If you don't have those characteristics, you can not trade successfully. If you trade, you lose money so try with investing first and see how it works for you.

If you can invest successfully, you can try trading but it is harder than investing so no guarantee that you will succeed with trading.
371  Economy / Trading Discussion / Re: Why China Recognize Bitcoin? on: September 28, 2023, 10:58:19 AM
You can arbitrage BTC without BTC via margin trading or futures trading.
I am against this recommendation because Margin or Futures trading is very risky. It can give people hope that they can get rich quickly after some successful trades with Margin or Futures trading but fast comes, fast goes. They can quickly lose their money with Margin or Futures trading.

Rather than taking risk with those trading types, I would like to use Spot trading and patiently wait for good entries with different chart candles like 15-min, 30-min, 1-hr and slowly increase my capital with disciplined trades.

Trading with x1 leverage looks similar to Spot trading but when a trader already touches Margin, likely he will lose control soon.
372  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: September 28, 2023, 04:50:51 AM
Brighton's performance is indeed much better than what they showed last season. The ranking they currently occupy, namely Rank 3 in the standings, is proof that Brighton has indeed made very significant improvements.
Their star player Kaoru Mitoma is more goal productive than in the past season when he experienced his first season in Premier League. Mitoma looks like not a player who only can play well in one season and he has proved his good adaptation to Premier League in his second season there. Some players like the Spanish striker Michu only can shined in one season and disappeared in Premier League later.

Mitoma is no longer too young but he can somewhat achieve success like Son Heung Min in Premier League. If he stays here in some more season, will he become a second Asian player who can wear the captain armband for a Premier League club, after Son Heung Min.

The temporary ranking of Brighton in Premier League is a big shock and they are a surprising underdog in this season even they already shown their ability in the past season. Last season, in Serie A, Napoli won Scudetto, this season will Brighton make it in Premier League?
373  Bitcoin / Bitcoin Discussion / Re: How Bitcoin Can play its role to overcome the Financial Crises on: September 28, 2023, 04:33:18 AM
I do agree with you buddy, what if i say diversification of portfolio can help a lot like if most of the people starts doing multi-investment and run multi-business at the same time to increase their portfolio. It can help alot to overcome the financial crises and notional level crises as well because each person will be giving his best at the end of the day to overcome their own crises.
Diversifying is a basic rule but does it work for you, help you to grow your portfolio value or does it kill you, it depends on what you choose to diversify your portfolio. If you diversify your capital into altcoins which have different categories with different risk levels, you are making bad choice.

Altcoins can have big growths but are you sure what you pick for diversification will help you get profit or it will die like thousand of altcoins in history. If projects you invest in die, your portfolio diversification is bad.

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if i'm not wrong i can give example of Elon musk like he is running mutli-compines to diversify his portfolio. if we look at his starting point like from where he started his journey. He started from some but not really some and know he is the richest person of the world. Because he started diversification of his portfolio to run multi-business  at the same time.
I don't think he does it to diversify his wealth. He works like a workaholic man and want to achieve big things for his ambitious targets. He is rich but I think at his level, he minds more about what he can contribute to the world, human civilization rather than trying to get richer.
374  Bitcoin / Bitcoin Discussion / Re: Cashing Out Thousands of Bitcoin on: September 28, 2023, 12:37:43 AM
They can use Bitcoin OTC Markets. Whales and Bitcoin miners have their favorite market is OTC because with big capital, they don't want to create impacts on market price when they don't want to manipulate the market. With OTC trading, they can do their trade privately and without market price impacts.

Over the Counter (OTC) Cryptocurrency Trading - Explained in Details.
Crypto Traders Flock to OTC Markets as Exchange Liquidity Dries Up Amid Regulatory Clampdown.
375  Bitcoin / Bitcoin Discussion / Re: How Bitcoin Can play its role to overcome the Financial Crises on: September 27, 2023, 03:38:50 PM
How Bitcoin Can play its role to overcome the Financial Crises
Bitcoin can help you individually but it can not help a nation to overcome a big financial crisis or a global economic recession.

At a personal scale, it is easy to improve your financial status but at a national scale, it's harder and you can not make big changes with only one factor like Bitcoin. A nation has many components to make up its economy, society and a lot of other components which all interact with each other. Bitcoin can not change all of those components and can not improve a whole nation economy and finance as the only decisive component.

To change, a nation need more than Bitcoin and if it has only Bitcoin, it is an impossible mission for Bitcoin to change that nation.
376  Economy / Trading Discussion / Re: Are you on guard for any unexpected? on: September 27, 2023, 03:31:51 PM
The market still remains unpredictable by now even if there's several hype coming over, but we can't deny the fact that shitcoins was still the hope of everyone to enter the market. Partly, that's my opinion because most people have been investing into volatile market which is now part of shitcoins which was their previous asset. However, if unexpected market rise will happen some of those assets will also be part of the progress once there's development in other crypto projects.
You don't have to predict the market because you must know you will fail with your predictions. By unavoidable endings for your predictions, when you know it, you can avoid making predictions. It's good for your investment as you don't believe in your predictions and make bad decisions.

Bitcoin market is volatile but if you can hold your coins, you can get rich. Get rich without any prediction and your task is simple, storing your bitcoin safely and holding it.

How to store it safely?
In non custodial wallets, multisig wallets, hardware wallets and they all must be open source.

Reminder: do not keep your money in online accounts
Don't do this and think you are storing and holding your bitcoin safely.
377  Other / Meta / Re: best replies should appear first in a thread. on: September 27, 2023, 01:48:48 PM
I see the point and maybe I have myself thought of the same at times. Now the concept of the forum traditionally has been the chronological order for posts.
Default setting, in a thread, posts will be from oldest to newest but if you customize your setting, posts can be displayed from newest to oldest but I don't like this order. It is hard to view a thread with this reverse displaying order.

I would like to read OP, eary posts and make my comments if I can contribute for the thread or can help OP.

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"Arrange by merit" maybe a good option but then the problem that arises but everyone overlooks is that the voice of the rest of the forum gets wiped under the rug and that is a bad thing. Merit sources might have to read through threads for finding posts to merit and this problem remains as it is. Overall I dont see how we can improve on this, but feel free to come up with suggestions.
Merit ordering sounds good but in flow of discussion, it will make me feel uncomfortable to get the flow and I don't like it. I read a post not only because it is merited and a post without merit can have some interesting idea or information.

Code:
Show most recent posts at the top.
378  Bitcoin / Bitcoin Discussion / Re: interest in the cryptocurrency on: September 26, 2023, 11:31:33 PM
In other words, don’t believe lies about an investment before making it? I think Bitcoin is fairly well know at this point and while most of its investors probably have very little understanding how it works, I think there is plenty of trusted sources for information. Some sites like this even used to let you speak directly with important individuals (before weak leadership chased them all away).
Trusting Bitcoin is easier than trusting altcoins because Bitcoin has been here since 2009 and has never stopped continued its growth with time.

Altcoins are more risky, harder to trust because most of them can die after two years or a little longer years. Unfortunately, people only spend their money to buy altcoins, not because they trust altcoins but actually because they are too greedy and want to gamble. By gambling, they see more chances to multiply their capital with altcoins than with Bitcoin. Because with Bitcoin, now it is an investment, no longer a gambling like years ago.

High risk, high return when succeed but big loss when fail.
379  Bitcoin / Bitcoin Discussion / Re: What is the feature of Bitcoin? on: September 26, 2023, 02:49:10 PM
Wrong question, I would rather ask why are you thinking it will not.

Do you have like a debt to pay back and you look a loan to buy bitcoin and now not seeing moon anytime soon because market has been bearish for months? If so, you took the wrong step. Bitcoin is not a get-rich-quick scheme, it is a long term game.

Above price is possible, the only factor is time. You need to give that to it. If you are in a hurry to make money, then you have lost the game already.
The factor of time is very important for both investors and traders but they all can not timing the market correctly. Timing the market is impossible and most of efforts will be failed so intelligent investors will not try to do that. Buying, storing bitcoin in safe wallets and making sure enough usable backups for recovery if necessary, holding to wait for target price but when is not too important.

It is a long term investment, with own money and with good reserved money for other usages like savings and emergency, so no need to hurry to take profit and no need to timing the market.
380  Bitcoin / Bitcoin Discussion / Re: Satoshi's Intention/Vision For Bitcoin on: September 26, 2023, 11:25:39 AM
Pleased or not, it is your keys, your coins, my keys, my coins
"Not your keys, not your coins (bitcoins)" is very famous but it was not talked by Satoshi Nakamoto but by Andreas Antonopoulos. He talked about it in Israel, in this conference.

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and we can use it however we want, that is what Satoshi should be most pleased about
Satoshi has one great vision, don't delete your wallets.
Sigh... why delete a wallet instead of moving it aside and keeping the old copy just in case?  You should never delete a wallet.

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creating money that is free
Bitcoin can not be freely created. If it can be created freely like mintable tokens, it does not have price in thousands of dollar like today. You only can get new bitcoin for circulating supply by mining new blocks with ASICs. If you are not a miner, you have to buy bitcoin with your money or work to get altcoins and sell altcoins to have bitcoin.
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