It is true that high transaction fees do not necessarily make Bitcoin unusable, they can certainly make it less attractive for smaller transactions. Also, the fees can fluctuate greatly based on network demand and can be difficult for us to predict, which can add an extra layer of uncertainty to the process.

For those who swapping Bitcoin for alt coins based on transaction fees, it is important for users to carefully consider the risk involved. While altcoins can sometimes have lower transaction fees, they generally less established and can be more volatile than Bitcoin. Meaning that we users who swap their Bitcoin for altcoins based on transaction fees run the risk of losing value if the altcoin we choose experiences a significant drop in value.

I think the possiblity of nodes rejecting Ordinals transactions, it is unlikely to happen as these transaction are still valid according to the Bitcoin protocol. However, it is possible that nodes might prioritize other types of transaction with higher fees to maximize their profits, which could result in slower confirmation times for ordinals transaction. In terms of the potential for a hard fork (UAHF), it is difficult to say whether or not it will be successful or if it will ruin Bitcoin. Hard forks can be contentious and can lead to a split in the community, as we saw with the creation of Bitcoin Cash.

In terms of success of a hard work will depend on several factors, such as the level of community support, the technical capabilities of the new protocol, and the ability of users to adapt to the changes. It is worth noting that hard forks can be risky, and users should always exercise coution and do your own research before joining in any new network.

I think there are other ways that miners could benefit from high fees in cryptocurrency like. Mining rewards are paid out in the form of newly minted cryptocurrency and transaction fees. When transaction fees are high, miners earn more revenue per block they mine. This can incentivize miners to prioritize transactions with higherfees, leading to longer confirmation times for transactions with lower fees. also, high transaction fees can make it more profitable for miners to continue mining, even if the overall network has lower transaction volume. This can help to maintain network security, as there are still incentives for miners to continue validating transactions.

However, its important to note that high transaction fees can be also a double edged sword for miner. If fees become too high, it can drive users away from using the network, reducing overall transaction volume and therefore reducing the revenue earned by miners.

If the transaction fee is too low, miners may prioritize other transactions with higher fees, resulting in a delay in confirmation. If a transaction remains unconfirmed for an extended period, it is unlikely tobe reversed automatically. In most cases, the transaction will eventually be dropped from the network, and the fumds will be returned to the sender's wallet. However, this process can take up to two weeks, depending onthe specific blockchain network.

If you have not received confirmation of your transaction after 24 hours, you may want to chec the status of your transaction on a blockchain explorer like what you did or contact the wallet or exchange where you sent the funds. They may be able to provide more information about the status of your transaction and offer assisstance if needed.

Transaction fees for bitcoin have been quite high lately due to the increased demand for block space in the network. This can make it expensive and slow to send Bitcoin transaction, which is also concern for many users like you OP.

You can use transaction accelerator, some mining pools and other services offer transaction accelerator that can help to speed up the confirmation of your transaction. You may have to pay a small fee to use these services, but it can be worth it if you need your transaction to be confirmed quickly. also you can use Bitcoin Lightning Network, if you have access to a lightning wallet and a Lightning-enabled merchatn, you can make transaction instantly and with low fees. If you're not tied to using Bitcoin, you can consider using other cryptocurrencies that have lower transaction fees and faster transaction times, such as Litecoin or Bitcoin cash. You can also report it to costumer service.

Hope it helps!!

I agree with you there initim. high transaction fees can be a challenge for Bitcoin users, particularly for those who frequently use Bitcoin for everyday transaction. However, it's worth noting that transaction fees for Bitcoin are not fixed and can fluctuate based on various factors such as network congestion, the size of the transaction, and the level of competition among users for block space.

When transaction fees are high, users may opt to use alternative cryptocurrencies or payment methods to avoid the high fees. also, businesses that accept bitcoin may choose to adjust their prices or implement dynamic pricing strategies to account for fluctuations in transaction fees.

I think foundry attempted to modify the blockchain by adding their own blocks, which caused a conflict with the existing chain.

It seems that foundry attempted to perform a rollback of two blocks to modify the blockchain to their liking, but they were unsuccessful. This is a concerning situation, as it suggests that foundry may be attempting to manipulate the blockchain for their own benefit. Without more information, it is impossible to determine the exact motivations behind foundry's actions. However, any attempt to temper with the blockchain is highly problematic, as the blockchain's security relies on the assumption that all nodes are working together honestly.

I think the strategy that you mentioned is a common practice among some cryptocurrency miners. By buying ASIC miner after a Bitcoin halving or when the market is in a bearish trend, miners can obtain mining equipment at a lower cost, while also benefiting from lower competition in the mining space. They then use the miners during the bullish market to generate profits and sell them when the market turns bearish, potentially making a profit from the sale of the ASICs.

As for your advice to keep mining and store Bitcoin during a bear market, that can also be a sound strategy, as it allows miners to accumulate Bitcoin at lower cost, potentially increasing profits in the long run. the choice of strategy will depend on a miner's individual risk tolerance, financial situation, and market analysis.

Not only that, I also think that one major factor contributing to the fall of crypto influencers is the increasing regulatory scrutiny of the cryptocurrency industry. Governments around the world have become increasingly concerned about the potential for cryptocurrencies to be used for money laundering and other illegal activities. This has led to the introduction of new regulations that place greater restrictions on crypto exchanges and other related businesses.

the rise of scams and fraudulent activities in the crypto space has also contributed to the fall of crypto influencers. Many of these influencers have been associated with projects or initiatives that turned out tobe fraudulent, leading to a loss of credibility and trust among their followers.

I agree with you there that Bitcoin has the potential to challenge existing political structures, particularly those related to monetary policy and central banking. Bitcoin's decentralized nature and its ability to facilitate peer-to-peer transactions without intermediaries have attracted attention from individuals who are skeptical of traditional financial systems and seek greater individual autonomy.

Incase you guys didn't know. Nayib Bukele, the presisdent of El Salvador, made headlines in 2021 by announcing that his government would adopt Bitcoin as legal tender, making it the first country in the world to do so. Bukele cited bitcoin's potential to promote financial inclusion and reduce the country's dependence on the US dollar as reasons for the move. however, the decision has also been criticized for its potential to exacerbate economic and social inequality, as well as for its potential to undermine El Salvador's existing institutions.

You can use a technique called "asymmetric encryption," which involves using a public key to encrypt the private key, and a separate private key to decrypt it. You need to generate two keys, one public and one private. Keep your private key secure and dont share it with anyone. you can use your buyer's public key to encrypt the private key. This means that only the buyer's private key can decrypt it. Keep the encrypted private key in a safe place, like an offline computer or hardware wallet. DONT share it with anyone else. Give the buyer the encrypted private key. They can use their private key to decrypt it and access the funds.

A loaded physical coin is a coin that has a private key embedded in it and holds a certain amount of cryptocurrency. The private key can be used to access the funds associated with the coin. In contrast, an unloaded physical coin is acoin that does not have any private key embedded in it.

I dont think he is still getting an earning after spending without reinvesting something you spend. bitcoin helped them in the times when Covid-19 pandemic but did they start investing again to bitcoin? or did they actually quit HODLing / Owning Bitcoin.

While owning Bitcoin can be a form of political movement due to its decentralized and non - governmental nature, it's important to understand that this can also have negative consequences. Bitcoin's ability to weaken or break down political strongholds can be seen as a threat by government's and financial institutions, which may lead to increased regulation or even outright bans on Bitcoin ownership or use.

I agree with you there that global events such as political conflicts, economical sanctions, and regulatory changes can affect the price of Bitcoin and other cryptocurrencies. For example, when there is uncertainly or instability in the global financial system, some investors may turn to cryptocurrencies as a store of value or a safe haven asset, On the other hand, negative news or actions from governments or central banks can create fear and uncertainty among investors, leading to a decrease of demand and a drop in prices.

The relationship between geopolitical events and the cryptocurrency market is complex and multifaceted, and it is important for investors to carefully consider a range of factors when making investment decisions.

You can use a transaction accelerator service, some mining pools and exchanches offer a transaction accelerator service that can help you speed up your transaction. These services typically require a fee and have limited capacity, so they may not always available but you can try.

or maybe try to wait for the transaction to be dropped from the mempool, if your transaction has not been confirmed after a certain amount of time ( usually 72 hours ), it will be dropped from the mempool and returned to your wallet. you can try sending the transaction again with a higher fee. also try contacting wallet or exchange support which you sent the transaction. They may be able to help you with the issue or provide further guidance.

hope it helps.

I like what you did advice there to share it to your family but only to your trusted family member. I mean it is very risky to share it to those only because they are family. use a paper wallets, paper wallets are a form of cold storage that allow you to store your private keys on a piece of paper. These wallets are not connected to the internet and can be kept in a safe place. I think you can also invest to the outside the world investment like stock, bonds, real estate and ETFs / mutual funds. Also avoid posting about your earnings and how much do you have in your wallet.

 

Kung naghahanap ka ng ibang paraan upang mag-convert ng bitcoin o iba pang cryptocurrency sa fiat, maaari kang maghanap ng mga peer-to-peer (P2P) platforms tulad ng Paxful, LocalBitcoins, at Btit. Sa mga platform na ito, maaari kang mag trade ng mga digital currency sa iba pang mga indibidwal na mayroong fiat currency.

Maari mo ring subukan ang mga payment processors tulad ng Paypal o Skrill. Ang mga platform na ito ay hindi direktang tumatanggap ng mga cryptocurrency, ngunit maaaring magamit upang bumili ng mga ito mula sa mga exchanges na tinatanggap nila.

Ilalapag ko nalang dito yung link nga mga nasabing P2P site.
Paxful - https://paxful.com/
Local Bitcoins - https://localbitcoins.com/
Bitit - https://bitit.io/

Im sorry to hear that you have experience a loss of your BTC OP, it is possible that your wallet has been compromised. It might be phishing attacks, malware , or social engineering. Phishing attacks can trick you into disclosing your private key or seed phrase. Malware can infect your computer or mobile device and steal your private key or seed phrase when you enter it into your wallet. Social engineering tactics can persuade you to reveal your private key or seed phrase through fraudulent emails, phone calls, or messages.

It is also possible that there was a technical glitch or vulnerability in Electrum that allowed an attacker to steal your funds. However, without more information it is difficult to determine the cause of the issue. If you haven't already done so, you should immediately contact the support team for Electrum and report the incident.

Hope it helps, and again sorry for your loss.

Right, also why should people may not be worried about Bitcoin is first, Bitcoin has been around over a decade, and its technology has proven to be secure and resilient. While the price of Bitcoin may fluctuate, the underlying blockchain technology that powers Bitcoin remains stable. Secondly, Bitcoinhas a finite supply. There will only ever be 21 million bitcoins in existence, which means that it is not subjected to inflation like fiat currencies. This limited supply is also a reason why some investors see it as a potential hedge against inflation. Thirdly, Bitcoin is decentralized and operates on a peer-to-peer network. This gives us more control over our own money and reduces the risk of centralization and manipulation.

Based on your error message you provide, it seems that 'start_height' variable in 'SigDump' is set to zero, which might be causing the overflow error. The 'start_height' variable is used to specify the block height from which the script will start analyzing the blockchain data.

One possible solution is to set 'start_height' to value greater than zero, such as current block height or a recent blockheight. You can find block height by running the 'bitcoin-cli getblockcount' command in your bitcoin node.

Or, you can modify the code automatically determine the 'start_height' based on the existing data in the dump folder. For example, you an check if the 'signatures.csv.tmp' file exists in the dump folder and if so, read the last line to determine the block height from which the script should start analyzing the blockchain data.Maybe my information could help you as well. 

I can give you some sites where you can read more about bitcoin mining system and explore these site to understand deeper. Bitcoin.org is the official website for bitcoin it provides a detailed introduction to bitcoin mining and how it works. You can find the information under the "Getting Started" section of the website https://bitcoin.org/en/bitcoin-core/how-to-mine

next is Bitcoin Mining Hardware it provides information on the latest Bitcoin mining hardware, including reviews and comparisons of different ASICs.https://www.bitcoinmininghardware.org/

You can also read some discussions here at mining section, also you can ask questions and learn from experienced miners. It has an entire section dedicated to mining. Just don't be shy to ask or share some of your thoughts about mining or maybe if you are also interested in trading.