Knowing that the sentiment is close to 60-40, it actually makes me more bullish. Though yea this voting thing from CMC might be a very inaccurate statistic on knowing how bullish/bearish the public are, knowing that near-half the people who picked the "Bad" option makes me feel like we're definitely not close to this bull market's peak. I'd be more bearish if the "Good" votes are at like 90% or so.
I agree. However, there are some points I would like to note (first for myself and second for someone who have interests in) - Sample size is unknown. It is better if coinmarketcap.com can show the sample size at specific point one person click on vote and see updated results. Result has less meaning without given sample size.
- Sample population: Who will be people click on Vote? It is a simple question but is important for data interpretation. It will be the key factor to show how prepresentative the result is for the crypto or bitcoin investor population.
- It is somewhat similar to result from Google trend with Bitcoin search. People believe most of searchers are retail investors [1]
- Ignore two questions, with unknown factors, the result shows the market is on the way up and bearish period is here and would be expanded more.
[1] https://trends.google.com/trends/explore?date=today%205-y&q=bitcoinIt is rallying after a serious pull back. |
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I've also been trying to delete my account, but I don't have the relevant option as shown here
You can not. In the past, theymos changed username to Anonymous but he did not want to do it for a long time ago. See the quoted posts and related topics, to know your chance is zero. As you can see here, I only change the username to "Anonymous" on request.
I'd like theymos' statement on this rather than speculations.
Judging by other threads here, and looking at the help section, it should be technically possible. Heck over at Litecointalk you can do it yourself, and it looks like the same forum software.
He's said before he doesn't do it anymore. It's not possible. Just abandon it.
Even if your account fortunately to be deleted, data is still available on the Internet with Loyce.clubNinjastic.spaceand the internal database of the forum.
Did you use your real account to PM theymos? Did you get that message when you sent a PM to theymos with your newbie account? |
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You can download your trading history for your account on Gemini as follows in the guide: |
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The bull is here and bitcoin is on the middle range of this current parabolic curve. A naively visual charts between 2017 and 2021 (price and volume). - Volume: Yesterday, a huge spike occurs.
- What if the price history repeats itself?
March looks like a sideway month. There are few years that March has days in top of most profitable or bloodiest days but the range is not too wide (means not big changes). An exception is 12 March 2020 with -37.2% between open and close price. You can check it in the raw lists or the box plot. |
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But always at least glance at a 2nd one.
Because if one stalled, had an issue with it's local node, or something else, and you use the wrong fee, you may be waiting for a while.
You are right when bookmark alternatives to use in case one website is down or has technical inaccuracy. Personally, I also use Electrum for mobile with fee estimator binds with the option Mempool when I am on mobile. On mobile devices, it is not comfortable to use https://jochen-hoenicke.de/ than on desktop or laptop. This alternative works for me on mobile devices as a tool for pre-checking. I use an empty wallet to check fees and see is it time to move my bitcoin before I go to desktop or laptop  |
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if you buy btc from another hodlr (forum, meetup, ect) how do you check if coins are clean enough to send to an exchange ? How to prevent buying coins that can not be used ? Is there an oracle website bitcoiners can use to "check coins". Whats is the correct process...does seller provide wallet address coins will come from so it can be checked before transaction ?
I am guessing there is no perfect solution as you know of the privacy bitcoin transactions can give us, Coin join transactions and private wallets as Wasabi, and tumblers are there to help. Some so-called not perfect resources |
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I'm trying to buy copper membership so I can add images to an announcement thread for a new coin I'm making
If you don't know to customize your images, please spend a few minutes to read following guides: You can customize images with either width or height option or combine them both. The customization can help you to make better posts (same sizes for images -- When you have some images with different initial sizes, you must use same width or height option to display them with same sizes here) or to avoid annoyance on viewers if you leave too large images in your posts. |
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BTC is not a pure pyramid, itīs a more complicated fraudulent scheme.
Ponzi teams can use any tools to run their pyramid business. Bitcoin is only one of their tools and tools are changed by trend in society. Nevertheless, it does not mean that tools are used by them are scam from their intrinsic specifications. You can not say gold is a scam asset if you find out a ponzi scheme with gold is presented in their advertisement. The same goes for bitcoin and whatsoever. Please be differentiated between intrinsic scam specification and is abused/ used as a scam tool. |
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Just want to add that some exchanges fee are still higher, I saw yobit withdrawal fee to be 0.0012BTC, I am not certain if it has been changed. Also another exchange called HitBTC, the withdrawal fee was 0.0015BTC before, but was changed to 0.0009BTC. There are some exchanges like that with higher withdrawal fee.
About binance and some exchanges that charge 0.0005BTC as withdrawal fee, they make it mandatory because they want the processing time to be fast, but there are many times the mempool is not congested, and still demanding for such fee to get the transaction processed in time. From the transaction above, the mempool is congested, but there are times the mempool will not be congested and people making transaction at the time. Although, I do not really know how this works out but just the way I think it will be.
It is a table from a third party website. I did not check it manually. - https://withdrawalfees.com/coins/bitcoin
- It gives you the list of 57 (?) exchanges with ascending orders for Withdrawal fees
- Exchanges that give free or cheap withdrawal fees are mostly small ones, except Bittrex.
- I'm not sure how regularly they update data
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And yet they still charge 0.0005 BTC for a withdrawal. So even when fees are this high, they are still making around 0.00045 BTC per customer per withdrawal. That's $20! What a complete rip off.
It is hidden rip off somewhat. I brought it to the community there: Old story. Exchanges get profits from users' withdrawal fees.. I agree with what LoyceV said. Exchanges can get fair fees from their operations, maintenance but their fee schedules need to clear. There are many sides for their operations but it is unfair and dishonest for their customers if they waive fee in one side and charge double on the another (other) side(s). It is likely secret steal, hidden rip off. It would be much more fair to largely reduce the withdrawal fees, and charge a deposit fee. I know only one exchange that does that. But since that discourages people from depositing, while the current situation discourages withdrawals. From a business perspective, this makes much more sense. They also pay too much for their consolidating transaction, they could easily have saved a thousands dollar on this. They must really earn a lot if they don't care about this. I know another exchange that charged deposit fee: Remitano. They updated their policies on deposit fees in August of 2020 as they see dangers from other P2P marketplaces that are trying to attract Remitano users. After many years, they eventually waived deposit fees. |
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Bitcoin dominance has still been unknown for its next movements: upward or downward. With some indicators (I don't show here), the bitcoin dominance might have something as follows: - Falls deeper a little bit as the image shows
- If it happens, it will be the trigger for the next very big bull run for bitcoin dominance
- That scenario won't must happen as bitcoin dominance currently is closely to where it might bounce strongly
- As said, with bull market and the hype on altcoins, bitcoin and altcoin dominance indicators are seriously and will be more serioulsy biased by altcoins (especially new ones)
- What does it mean? If price of bitcoin has a more serious correction, it will be your very last chance to hop on and participate in the next phase of its run
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I'm aware that the Lightning Network's mainstream adoption is still low these days.
It has some good growth recent months. But as on-chain fees increase towards new heights, people will look for other options. They'd either choose an altcoin, or the Lightning Network in order to avoid high fees and slow transaction confirmation times. If adoption for the Lightning Network goes all the way to the moon, do you think there's a possibility it could replace on-chain transactions? What are thoughts?  I don't think it will happen but it is true that Lightning Network adoption will be increased. It might be increased more and faster if its developments can be boosted up more. Despite of all future scenarios for Lightning Network, it is not true to say it will replace on-chain transactions - It is only be alternative
- Altcoins can not replace bitcoin even many people use altcoins for their transactions
- Lightning network can not replace Bitcoin on-chain transactions, now and in future
- No one choose LN or altcoin for transactions if they are moving big funds and serious about safety
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The table presents saving from fees if you consolidate a few inputs into only one consolidated input and make your transaction out later with it. It is for an example and I don't think needs to go with more details. - All inputs and outputs are P2PKH
- The table is built by manually calculation with support from https://coinb.in/#fees
| | | | | | | | | | | | | | | | | | | | | | | | | No of Outputs | | | Size (bytes) | | | % save in fee | | | | | | 1 | | | 192 | | | 0 | | | | | | 2 | | | 226 | | | 41.1 | | | | | | 3 | | | 260 | | | 54.9 | | | | | | 4 | | | 294 | | | 61.7 | | | | | | 5 | | | 328 | | | 65.8 | | | | | | 6 | | | 362 | | | 68.6 | | | | | | 7 | | | 396 | | | 70.5 | | | | | | 8 | | | 430 | | | 72.0 | | | | | | 9 | | | 464 | | | 73.1 | | | | | | 10 | | | 498 | | | 74.1 | | | | | | 15 | | | 668 | | | 76.8 | | | | | | 20 | | | 838 | | | 78.2 | | |
Another example for this is batch payment (for customer withdrawals) from exchange. Binance consolidate inputs certainly and they save a lot of transaction fees in this payment to customers. It is a transaction for 1 input, 101 outputs. With outputs, assume 100 are for customers, 1 for Binance changed address. They spent 0.00510973 BTC as transaction fee for 100 customers (outputs) even with fee rate at 149 satoshis/vbyte. https://blockchair.com/bitcoin/transaction/0c3fda497679b708cae782007eb81389e579b8f15264db74339e5fe66e15cbbf |
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The bitcoin blocks are mined by miners and transactions are components of blocks that are confirmed by miners as well. How slow of fast blocks are mined in turn depends on total hashrates on the network AND current difficulty. Difficulty on the network is planned to adjust (higher or lower) each 2016 blocks or almost 14 days. During each 14 days, if you increase total hashrates, with same difficulty, blocks will be mined faster a little. If you decrease total hashrates by shutdown many mining rigs, farms, blocks will be mined lower a little. A website to check next difficulty adjustment and estimated waiting days: https://diff.cryptothis.com/More details on difficulty adjustment: https://en.bitcoin.it/wiki/Difficulty |
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the reason people are not using bitcoin core is the over 300 gigabyte of data needed to download the full blockchain while people prefer not to run the pruned version but the full client.
It is not only about big storage space requirement for a full node and the cons of prune node, but also about the decreased capacity of your computer when you start it and let your full node runs. The full node operations do slow down the general performance of your computer. I tried it in the past and above is my experience. So except only when you are using a superb strong computer, you will get inconvenience if you are working on the same computer that stores and runs the full node. I will focus more on simple payment verification (SPV) wallets because they are the ones used by people commonly today.
SPV ~ Simplified payment verification. Simplified, not simple. They are lightweight client wallet. Some nodes maintain only a subset of the blockchain and verify transactions using a method called simplified payment verification, or SPV. These nodes are known as SPV nodes or lightweight nodes.
[1] https://en.wikipedia.org/wiki/Bitcoin[2] Mastering bitcoin - Chapter 5, The Bitcoin network |
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tk808 applied as a merit source for the altcoin boards a few years ago. I don't see an official announcement that he was appointed, but judging by the total amount of merits he has sent (over 2000 sent while earning only 600), I would say he is a merit source. He is not in the list of Most generous merit senders, all time and from his merit history page, he sent away very little smerit in recent months. I am not sure what happened with his sourced merit amount or he simply has been lack of ability to distribute his sourced merits. |
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thanks yeah I just realise Bybit has got the fiat gateway to deposit USDT. So basically unless for long term storage I don't need the Trezor One in this scenario right?
thanks for the advice on the limit orders, yeah I am aware
Shortly, you only can buy crypto with fiat on Bybit at this page: https://www.bybit.com/en-US/buy-cryptoYou deposit your fiat to third party company that you can choose from that page, and receive your wanted cryptocurrency. For now, Bybit provides you three cryptocurrencies: BTC, ETH, and USDT. Like this |
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[General] Bitcoin Wallets - Which, what, why?You should - Choose a non custodial wallet to use.
- Verify wallet before really use it to store your bitcoin
- People mention about Wasabi wallet, Ledger but no one has yet mentioned about Electrum wallet. If you don't care much about your privacy, you can choose this non-custodial wallet
- Electrum
- Never search wallet on Google Play, you will highly get faked apps
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Your transaction was broadcasted with good fee rate and it will be confirmed today or tomorrow. Bitcoin was fallen a lot yesterday and there will be less panic on the market next few days and cheaper fees will be available. Your transactions at at top of the mempool and won't be stucked for a long time. If you want to check mempool, go with https://jochen-hoenicke.de/queue/#BTC%20(default%20mempool),8hOne bitcoin block will take 1 MB (virtual byte) from the tip of mempool (in the third chart). Your fee rate (77 sat/vbyte) is about 8 to 9 blocks from the tip of mempool as of writing. |
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