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3661  Other / Meta / Re: Why there are two BSV announcements under Announcements (Altcoins)? on: January 07, 2021, 11:56:34 AM
There's a lot of activity in the altcoin section, and these things usually go unnoticed. Both those threads have been active for a while, and I imagine the only ones that have noticed over the years is those that have been actively posting in both.


If it was bad and you believe that your report is correct, re-report with an explanation of the rule or create a new topic here.


Alternatively, you can contact me over at the altcoin section, if its within that section for a explanation. If I believe its not a straight forward case, I'll probably reply with my input on it. Obviously, I can't speak on behalf of the other moderators over in that section, and others. Although, I still might be able to offer some input on why something has been ignored, or even marked bad.
3662  Bitcoin / Bitcoin Discussion / Re: Fact sheet for bitcoin price (daily low, high, close price over years) on: January 03, 2021, 11:06:22 PM
In the meantime bitcoin "has died 382 times". Seriously people should stop looking at 5 min candles while investing in bitcoin. This is the chart that true investors should look at.
Thanks for this. I will have what to quote every time i see panic sellers discuss.
Honestly, this is quite common to see. People are way to irrational, and reactionary to really have any weight behind something as volatile as Bitcoin. This is proven in some sense, to supporting sports, and how a loss is suddenly a massive deal. Its the same as Bitcoin, has its "losses", and has its winning streaks, and no matter what statistical data you show, there will always be people who claim Bitcoin has died, despite proving time, and time again its actually moving in a upward trend in the long term. 
3663  Other / Beginners & Help / Re: Don’t fall for weak Bitcoin-FUD on Twitter on: January 03, 2021, 10:59:10 PM
This is almost a tradition in Bitcoin - whenever price rises, trolls emerge and start spreading FUD. Happens on this forum too - brand new accounts create multiple topics per day with claims that Bitcoin will crash, and of course they don't back their claims with any evidence.
I feel like its usually a little more believable than this though. This, is easily disapproven with simple mathematics, that you are taught at a very young age. Usually, its best to spread FUD that can't be easily verified, therefore it creates an element of doubt. However, this is just plain stupid.

I guess despite this being a very poor attempt of creating FUD, for those that aren't familiar with Bitcoin they wouldn't know what the decimals mean, and that might start confusing those that aren't familiar with the structure of Bitcoin. Still, I can't really see many falling for this?
3664  Economy / Gambling discussion / Re: [Darts] 2021 PDC World Darts Championship on: January 03, 2021, 10:55:02 PM
I honestly though Anderson would be taking it home, so I'm actually quite pleased to see a Welsh man take the title. I do believe the first Welsh man in history to bring it home. Although, I'll be honest even with the added element of supporting your nation, I thought Anderson had way to much experience, but I've been pleasantly proven wrong.

Price seemed to be on a massive roll at the beginning, not missing much at all. However, around mid way through we started to see the mistakes creep in, and I thought to myself; "Well, here we go, Anderson with the experience", but he managed to pull through thanks to the early success.

This is not possible, when they meet in semifinal tonight Wink
Definitely a mistype there for me.
3665  Bitcoin / Bitcoin Discussion / Re: Will 2021 become the year of the Lightning Network? on: January 01, 2021, 10:31:20 PM
Most people are not aware of LN, not aware of how LN functions and how can they use it, benefits and so on.
Most people probably have encountered the Lightening Network, it just isn't something that they know the benefits of, and the cons of the technology. I think its current status could probably be categorized into "buzzword" rather than anything that's understand universally.  

The ease of use, and documentation needs to be greatly improved for it to be adopted on a larger scale. Its too complicated of a technology to be adopted otherwise.


Am I the only one who doesn't worry about the LN anymore? Bitcoin is succeeding as a store of value, if the LN is implemented and works, fine, but it seems to me that the institutions that are buying in mass are doing it as a store of value.

According to Gresham's law, people prefer to keep valuable currency, which is a store of value, and not use it for payments.

If bitcoin ends up succeeding in becoming the best reserve of value in the world, I don't care if people don't use it for small payments, which was Satoshi's original idea, but an idea often goes beyond what its creator conceived.


That's where your opinion might differ to others though. A lot of people are on the same page of Satoshi, that Bitcoin will be used a general alternative to fiat currencies, and isn't just used as a reserve currency. Its an ambitious thought, but personally I would agree to some extent. The current traditional money systems are not suitable for the long term, that is clear. However, I'm not entirely convinced Bitcoin is the solution either. Although, that's not saying I don't support Bitcoin, I think Bitcoin is the pioneer we needed to encourage people to think outside of the box, and while it might not be THE solution, it might be the one that started the process.
3666  Bitcoin / Bitcoin Discussion / Re: De-Fi on Bitcoin on: January 01, 2021, 10:28:00 PM
In some ways, DeFi still feels like a solution in search of a problem.  For most people, it doesn't serve a real-world use case yet.  Which is why it's primarily used as a buzzword to peddle scam tokens and fleece the gullible at the moment.  Conceptually, it's a fine idea, but I'm certain there's a long road ahead before people really need this technology.  I wouldn't say it has "failed", just that it hasn't discovered its true purpose yet.
Exactly, for something to be implemented I'd like to see a problem that its directly correcting, or that it increases the quality of life of using Bitcoin. Smart contracts although being a good idea, aren't particularly useful for a majority of people. They have specific use cases, which are beneficial, but for anything to be successful it needs to be accessible to the general audience, and usable for them too. Complicating something, which many are never going to have a use for, could be detrimental to the adoption of Bitcoin.  It also, doesn't mean something like DeFi will not be implemented in the future, but right now I don't see any glaring issues that it fixes.

3667  Economy / Speculation / Re: Can you really 'Sell High and Buy Low' in this 2020 BITCOIN Bull Run? on: January 01, 2021, 10:21:13 PM
there was a trick on trading buying on one exchange where the coin was valued a lil bit cheaper than the other one , after that sell and repeat , thats how you do it . it sound simple but is it ? idk because im not a trader  just read that somewhere  .

if you want easier way you can go on other lower coins and leave btc for a while . you can still earn on your btc if you have leftovers  .
correction was over in btc and that happen while maintaining the 20k base value . if you missed you need to watch soon closely for another one
This can usually be done via P2P trading, since the values usually differ by an absolute metric tonne. I've seen mixed results, but usually decentralized exchanges can get a premium on top of the exchanges, because some people outright refuse to use the big exchanges, which means they will pay a little bit extra to trade person to person. It does depend on where you are going to trade, places like LocalBitcoins a few years ago seemed to have very high prices regardless, and you could even get cheaper prices via a traditional exchange.

That is the thing, every strategy has an optimal point, a place in time in which the strategy gives the best results and with the market behaving the way it does it is simply a mistake to try that strategy now, just hold your coins and do not sell until you see an important correction otherwise there is a very high chance that you are leaving a lot of money on the table and that is something that as traders or investors we do not want to do as there does not seem to be any kind of limit to how high the price of bitcoin can go.
Most people never trade at an efficient level. Its difficult, because timing, and luck has to be on your side. If you actually believe Bitcoin is going up in the future, any entry point could be a good price, if you believe in the technology, and adoption behind it. Yes, it might not be the most efficient time to invest, but if you only care about profitability, and not the margin then it could well be a good starting point. Obviously, assuming Bitcoin does go up in the long term. I think a lot of holders have done this, they usually buy, and buy until they have a price point in mind. For example, $50,000 might be a point in which a lot of people sell, and all they've done previously is bought.
3668  Bitcoin / Development & Technical Discussion / Re: How to get multiple addresses belonging to the same person on: January 01, 2021, 10:14:49 PM
Rhere are a few tools that can do that. They just group addresses that spent bitcoin in the same transaction
For example
https://www.walletexplorer.com/

Just enter any address there and it will show all related addresses
These only provide a "likeliness" rather than concretely proving that the addresses are connected. Its very much guesswork, and the addresses should probably be monitored to see if send from the same output several times, to increase the likelihood that the addresses are connected. So, although its a good system, and usually is indicative that the addresses are related, it doesn't exactly mean the addresses are connected without a shadow of doubt.
3669  Economy / Gambling discussion / Re: [Darts] 2021 PDC World Darts Championship on: January 01, 2021, 10:07:14 PM
Agree with the non-focus on rivalries, this is all in all a very friendly and easy going atmosphere, though rivalries do add a lot of spice in sports normally. What makes Darts very likeable is that a lot of athletes look like you and me, so it's a bit easier to identify with them. And I guess everyone has thrown a dart in their life in some pub - makes it harder to not adore them for what they are able to do.

Watching this on TV, there is no sports, where you feel such a big part of the attendance; being really inside the crowd with all the crazy things they are normally doing. It's a very good show and they have a very good slot with their Championships every year - there are not a lot of other sports going on during this time of the year.
That's true, with most sports athletes usually resembling something of a greek god, its much more comfortable watching a few guys throw a dart at a dart board. I do agree that rivalries are the bread, and butter of a lot of sports, but its nice to be in a sort of more "casual" environment sometimes. The thing is about darts too, is its rarely boring you know what your going to get. Whereas, some sports can be exciting one minute, and then boring for the next 90 minutes, and I think even diehard fans of these sports can admit to that.

Chisnall - Anderson
Bunting - Price
Anderson vs Chisnall final I'm guessing. Anderson taking it home.
3670  Bitcoin / Bitcoin Discussion / Re: Fee is cheap while bitcoin rises to $29600. on: January 01, 2021, 10:03:55 PM
Even before Segwit I didn't really see any major issues with Bitcoin fees for the general users. For specialized cases then I can understand that fees may have been on the heavy side, especially when sending micro transactions.

A friend one mine bought Bitcoin -the person is a European- from her bank account using her credit card into a Bitcoin exchange but she got angry and threw tantrums about the charges that went to high of 40euros when what she bought was less than five hundred euros 500€. As a person using Bitcoin for her first time she may not do this again, I will want to know are fees different from some countries or is may be the exchange?
Depends if you're talking about transaction fees as in those for Bitcoin or those that are imposed by exchanges. When buying or selling from/to exchanges the fees are usually based on the amount, and what country you are in. Its worth noting that exchanges usually have very high fees compared to that of Bitcoin's "internal" optional fees.
3671  Bitcoin / Bitcoin Discussion / Re: If i buy btc as instution on: January 01, 2021, 09:58:58 PM
Is there any reason that you would want to create a business to be able to do this? Most countries, have something like "self employed", which you might be able to do permitted that you fit all the criteria. There will likely be additional costs when you open a company. I do believe some countries allow you to register as a Bitcoin trader, and as long as you present your earnings to the tax man, then that's all you have to do. Its probably best to learn about your local laws about trading, and Bitcoin.

As for the best Bitcoin exchanges, then Coinbase probably is the most known among the options, and might offer specific benefits to trading as a company, however it really is down to what you are looking for. If you are looking for the least fees, then Coinbase might not be the best option, and a decentralized P2P exchange might suit you better.
3672  Other / Beginners & Help / Re: cant see bitcoins in wallet on: January 01, 2021, 09:54:12 PM
this was recieved over 2 years ago and unfortunately I dont have any of this information but at the time it was checked on the block chain that it had been sent to my wallet on armory

Its very likely a syncing issue. Bitcoin Core, and I believe armory by extension require downloading the entire Blockchain before it displays the correct values of each address. This can be avoided, like suggested above by sweeping your private keys into Electrum which is a lightweight client, which allows you to use it without having to download the entire blockchain.

Alternatively, you can continue downloading the Blockchain until you are fully up to date. Note, this requires a fair amount of data storage to be able to do.
3673  Other / Beginners & Help / Re: Comparative Features On Top Phone Antivirus For Crypto Wallets Protection on: January 01, 2021, 09:50:12 PM
I consider most anti virus as bloatware on the computer, as it usually bogs the system down, because its constantly checking its databases for "threats", and even then its usually using poor techniques which bring up a lot of false positives. I can't imagine how much an antivirus would bog down a mobile device, since the hardware is usually much, much lower than a computer.

I don't recommend anti virus to anyone usually, unless they are completely unaware of general security practices, and even then its likely doing more harm, than good by providing an illusion of being safe, and therefore allowing the user to become complacent. I'm also pretty sure, that some anti viruses say they have found a threat, and automatically cleaned it up, despite there being nothing to clean up, to give you the impression that its actually doing something.
3674  Other / Beginners & Help / Re: The question of Mining. on: January 01, 2021, 09:47:02 PM
Mining can't damage the computer parts unless the pc have a failed cooling fan, also if you don't know I think you deserve to know, it's not profitable to mine with pc only, that means all you can use is the CPU and CPU mining isn't worth it anymore unless you have a high end cpu like RYZEN 9 3950X
It might not directly damage your computer, but the act of running a computer for a long time has detrimental effects on your system. If you browsed on it 24/7 it would still be degrading, but having it at additional load only increases the heat that the computer generates, and the strain that the computer it put under. This usually means that components break down quicker, especially with heat. Its why thermal paste is applied to a CPU, because we already know that "normal" usage of a computer will be too hot for the CPU. That's without it performing something as resource intensive as mining. So, while it might not directly damage your computer, the fact that you're running your computer for prolonged amounts of time, at a demanding level will indirectly degrade your computer components.
3675  Other / Beginners & Help / Re: Active in discussion thread and get merit with knowledge on: January 01, 2021, 12:36:43 PM
You don't have to necessarily be active to get merit, but when you are participating in a discussion bring something useful to the table. We all know that being active increases your chances of getting merit, but its not the only way. For example, there's multiple users that post only when they need too, and they earn a decent amount of merit. I like to look at the ratio of someone earning merit, as a more telling way rather than their overall merit. This can be determined by looking at their merit history, and comparing their recent posts on their last posts page.


9 out of 10 that participate on bounties are spammers that own more than one account. I don't understand them, though, signature campaigns pay more and pay in bitcoin. These little punks, pretend to believe on a project that has no future most of the times and refuse to learn more about the bitcoin world. The classic "make money fast" scheme.
I think there's been account farms which range in the hundreds, to probably even the thousands of accounts that are owned by the same person. I don't really know how they get the time to do it all, assuming its not been automated. I feel these are people who are currently struggling outside of Bitcoin, and need money. Hence, they try to brute force bounties, which usually only pay peanuts.
3676  Bitcoin / Bitcoin Discussion / Re: History is repeating itself or not? on: January 01, 2021, 12:33:50 PM
Nothing to do with US elections (if this is what the OP is driving at), the price moves by itself regardless of any political or geo-political events.
I wouldn't say this is true. I'd like to think political movements are a major contribution to why people adopt Bitcoin. I would probably have a guess that the majority of people involved with Bitcoin, came to Bitcoin because it isn't happy with the current political situation that most countries find them in. Plus, despite the Bitcoin price already showing a rather large movement before Trump's election, I still think it could have potentially had some impact on people looking for alternatives to the current money system they were using. After all, there was a large divide in electing trump, and his attitude probably worried a lot of people that the American economy was doomed, hence they started looking at alternatives. Bitcoin, probably being the leading candidate.

So, although I don't think politics are the only reason, I do believe it can have an impact on Bitcoin, especially for adoption rate.
3677  Alternate cryptocurrencies / Altcoin Discussion / Re: What's the point of so many cryptocurrencies? on: December 31, 2020, 07:42:48 PM
Just like with all companies, they are all owned by the same people, and they give you the illusion of choice. For example, this is quite evident in the car manufacturing business. A lot of the manufactures are owned by a parent company, and the parts, and quality of service is usually about the same. Yet, people find their favorite, and stick with it.


Financing the lifestyle of many wannabe entrepreneurs that could not get a cent on the venture capital real world.
Not to mention that a lot of altcoins have the same developers behind the project. It seems that turning out several coins with almost the same features, and then promoting them is the way to go for these "entrepreneurs". There's rarely any interesting ones with real potential other than a few, and I'm talking about over a few years, there's only been a select few which had interesting proposals, and features.
3678  Economy / Gambling discussion / Re: [Darts] 2021 PDC World Darts Championship on: December 31, 2020, 07:36:11 PM
Anderson was saying yesterday that he's not done much practicing at all, and the next tournament will be one to watch in particular for him. Although, he did very well winning all 4 sets, and although didn't look his absolute best, he definitely looked like a contender. Personally, I think Anderson will get to the final, and his experience will carry him to another win. Three time world champion?


Pardon for being new to this topic, I've just watched Darts recently and it was sooo fun to watch. The feeling of watching it and the chants of audiences seems to be the same with Billiards and other two player games. Definitely following this thread!  Grin
Personally, I believe the audience is what brings the atmosphere which is what makes darts what it is. It has the atmosphere that brings everyone in the room together, and doesn't focus on rivalries as much as other sports.
3679  Bitcoin / Bitcoin Discussion / Re: 2020 Year Final Outlook on: December 31, 2020, 07:29:57 PM
Of course this is the best time since the induction of bitcoin and cryptocurrencies, bitcoin wasn't dealt with during and after the lockdown. It continues soaring high and higher as against how it started in the Q1 of the year. Too man institutions adopted bitcoin which made it go more viral and the PayPal-payment adoption is a great one too.
Like I said above, I still think overall the Paypal implementation is positive, but only from an adoption point of view. From a consumer basis, its not that great, and there's much better alternatives out there. However, I'm hoping those that do adopt, or get interested will look elsewhere in the future.

Many good news regarding Bitcoin on 2020, breaks new ATH and already mined around 18,5 Million it's close to 21 Million.
This isn't all that surprising though, since the difficulty adjusts to accommodate for better technology, so assure we aren't mining it too quick, or too slow for that matter.
3680  Economy / Service Discussion / Re: Store Check (please help) on: December 31, 2020, 07:26:58 PM
- wait 8 months for Bitmain to deliver, only for the new machines to probably become unprofitable
- try and find another seller/reseller/wholesaler that can sell an already manufactured batch from Bitmain at a bit of a steeper price. (But I still cant find an outright legitimate one)
My suggestion would be, to just wait for someone to mention they are selling them over in the mining hardware section of this forum. Its hard to predict how long the current model are going to be cost effective. Once, there is someone looking to sell, assure that you use a trusted escrow, and work out your price. You probably will have to pay extra for it, but this is probably the best place to go, when concerning safety due to the escrow options. Ebay, has a terrible system which relies on deliveries, but I've heard that some people have chosen to just send a empty box, with tracking, and then Ebay favours the seller. Their verification system is terrible.

At least with the escrow here, there can be proof attached. For example, the seller can take a video on the package being packaged up, and even collected if they so wish.
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