Those are some nice visuals there in OP and I believe bitcoin is doing pretty good and increasing in price with good stability. If bitcoin continues the same rally then I guess by the end of the year the price of bitcoin should reach 19k. It might also cross $20k but I think it will drop back and settle in the lower $19k range by the end of 2020. Moreover, the stats and technicals indicate that the price will increase a lot more than $20k in mid of 2021. Lets hope for the best for bitcoin  |
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The biggest crypto fund Grayscale Bitcoin Trust bought another 15 114 BTC last week and fund's crypto AUM is almost $10B with 506 000 BTC. In my opinion such BTC stockpiling can be dangerous like a 51% attack but I didn't find any information is Satoshi Nakomoto ever mentioned that.
There's two things I would like to mention 1. Holding a big amount of bitcoins doesn't mean the owner of those coins is able to do a 51% attack But yeah, holding a big amount of bitcoins does give it's owner the ability to manipulate the price of bitcoin by doing a pump/dump. 2. In order to perform a 51% attack the individual/company must own 51% of hashing power used to mine bitcoins In other words it means that the individual/company must have loads of ASICS so that their hashrate increases and crosses 51% of the total hashrate. Also, even if anybody has the ability to perform a 51% attack, doing do won't do him any good because the cost of doing such an attack is a lot. Basically, Satoshi had designed the bitcoin network in such a way that it will become very hard for anybody to compromise it in any way. |
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Paypal is a big company and I don't it will scam it's customers that easily. Besides that we should not judge a company like Paypal that soon.
We should wait until the service announced is ready to be implemented in production. May be there are future developments planned which will allow users to deposit/withdraw bitcoins.
To be honest, describing Paypal as a scam is too harsh on them for now.
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Most crypto users are familiar with the HODL (Hold On for Dear Life). It's a good thing if you can HODL. I want to say HODL for dear life, not for lifetime. There is a reason why am I saying that. During the last bull run in 2017, I had more than enough funds to start a real life business by selling my Bitcoin. And to be honest, starting a real life business was too important for me since I was doing a job abroad. But sadly, I was greedy and had been waiting for more bumps. Eventually, I regret and now I can't do anything with that fund since bought a dew worthless shitcoin.
So if I HODL for dear life, then I should sell it for my need. Even I would won more BTC now since there were many opportunities when bitcoin dropped up to $3K.
What's your opinion? Should we HODL for Life or for Lifetime?
I would say that you have got just one life and if you don't use your money at the right time and it's you who should be blamed for it. I try to save as much Satoshis as I can and at end I do save a decent amount of Satoshis after managing all my expenses. Whenever I am in need of money and I don't find any other source then I use my btc balance and sell it for the market price. I don't think much if the price is high or low. For me it is money and I use when I'm in need of it. If the price is high I be happy thinking that I got a good profit for my investment. If the price is low I be happy that someone else will get this precious bitcoins at a low price. But not using it when you're in need for it is just waste of time, money and opportunity. |
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Bitcoin price behaviour has been somehow similar to stocks and gold during this COVID worldwide crisis.
My question for the crypto community in here: Do you think that the fact BTC has survived the initial dump and rebounded, consolidated, marched upwards, and now standing close to its ATH acted as some kind of reinforcement to the trust investors have in this asset?
In other words, are you now, as an investor more confident about investing in BTC than before the whole crisis started?
Ofcourse bitcoin has created a trust value in the crypto community. This is because bitcoin had already recovered quite a few times in the history. Many people thought bitcoin would not recover from the 2018 dump at all but it did recovered and is now heading towards ATH price. This has created a good hype in the crypto community and many people are starting to trust bitcoin again. May be this is why bitcoin's price is again increasing every week. |
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It sounds good that bitcoin is being accepted for issuing a passport but I think a lot of people wouldn't opt for it.
Issuing a passport comes under the government and I believe everything that comes under the government officials should be done using the fiat currency.
You never know how it would turn against you. Bitcoin is good for purchasing products, services and other stuff on the internet.
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@pawanjain, Let it be that if you lose, you have no choice but to accept that. There are only two destinations for our bets, wins, or losses. Good luck if you just return the capital. Not only did you experience that, but so did I and they. As for the dice, I deposited $ 10 and I made $ 88 but I continued using the martingale strategy, but eventually ran out. It's just a pity but that's it. In your case, the base bet of $ 1 on x2 payout is quite high, especially if your bankroll is not large enough. You can easily lose there if you are not lucky.
P.S.
The base bet is not $ 1, however, for me, the doubling of the bet per loss is high especially if the bankroll is less than $ 100. I avoid such a strategy especially if you do not want to lose immediately.
Yeah I had already accepted that because there's pretty much nothing that I can do about it. Yeah I kinda lost it all in the martingale strategy. I guess it was just a bad timing and a huge bad luck. One mistake I did was to continue the martingale strategy consecutively. I would generally use the martingale strategy on alternative bets but this I thought that the next bet would definitely go 2x. This is where the long negative streak turned it's bad luck on me  No issues though. Better luck next time to me. If you are an old gambler you would know that martingale strategy is not something to depend upon for a long term. It may give you short term profit but if you use it in longer duration, you will end up losing your money. Maybe the site algo determines that we are using martingale and then we started to get all losses in the next bets. Secondly you need to have a very big bankroll to play this because each time a loss will make you double your base bet. Yeah I understand that this strategy is not good for long term but I don't think that Roobet would me manipulating the crash algorithm for their profits. I think it was just a bad day because I keep changing my strategies to earn profits. And I do believe that not everyday is a good day for gambling. |
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The chances of bitcoin going to zero has been pretty much next to impossible anyway. For bitcoin to go to literally zero, literally everything should go wrong, along with the zero nodes running and such. Sub $1000? Though highly highly unlikely(and getting a lot more unlikely as time goes), it's still possible. But zero?? Nah man.
Let me quote how it would be for everything to go wrong. Not that I believe that bitcoin will go to zero but if it happens then the below scenarios are most likely to happen - Every country in the world would ban the usage of bitcoin
- Every crypto user will accuse bitcoin for some reason
- Every person holding bitcoin will start selling it for dirt cheap prices
- All the miners will stop mining bitcoin
- All the exchanges will stop functioning since they themselves would be selling their coins to someone
- The network will get congested at peak and no transactions will be confirmed
- There would literally be no buyer at this moment
Basically the above scenarios are very very unlikely to happen which is why bitcoin is very very unlikely to go to zero. |
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@pawanjain, Let it be that if you lose, you have no choice but to accept that. There are only two destinations for our bets, wins, or losses. Good luck if you just return the capital. Not only did you experience that, but so did I and they. As for the dice, I deposited $ 10 and I made $ 88 but I continued using the martingale strategy, but eventually ran out. It's just a pity but that's it. In your case, the base bet of $ 1 on x2 payout is quite high, especially if your bankroll is not large enough. You can easily lose there if you are not lucky.
P.S.
The base bet is not $ 1, however, for me, the doubling of the bet per loss is high especially if the bankroll is less than $ 100. I avoid such a strategy especially if you do not want to lose immediately.
Yeah I had already accepted that because there's pretty much nothing that I can do about it. Yeah I kinda lost it all in the martingale strategy. I guess it was just a bad timing and a huge bad luck. One mistake I did was to continue the martingale strategy consecutively. I would generally use the martingale strategy on alternative bets but this I thought that the next bet would definitely go 2x. This is where the long negative streak turned it's bad luck on me No issues though. Better luck next time to me. |
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Firstly, thanks for making this post. I just registered on FortuneJack and recieved the 25 free spins. Just as I got the free spins I started playing the games on FortuneJack and got around 0.0003 btc. Everything was great until so far. Then I saw that upon verification of email and phone I will get another 50 free spins. And so I verified my email and phone number and got the 50 free spins. As soon as I started playing with the 50 free spins I noticed that my btc balance started deducting for every spin. I stopped right there and raised a ticket to the support team. I wonder why my btc got deducted because I played the game that was eligible under the 50 free spins only. My btc balance decreased from 0.0003 btc to 0.0001 btc.  I was fortunate enough that I got those Satoshis from the 25 free spins only so that didn't hurt me at all. |
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Are these odds normal ? Few days back I was playing the crash game and everything was going fine until the negative strike hit me hard. At first I thought the next bet would at least go 2x but it was a crash. It repeated for more than 10+ times and it drained all my funds. At the end I lost all my funds and my account had 0 balance. Crashing 14 times in sequence. Is this normal ?  |
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Well i think you should wait for few more days or couple of weeks to settle the bets. Although we know that Biden is the winner, but gambling site will not risk any amount by declaring Biden a winner, until it is officially announced.
Lets suppose if any how Trump is declared as a winner (although the chances are close to nil), those whom got the money already for biden win bet will never return and it is impossible for the site to pay everyone who either bet for trump and biden.
In my opinion either they can announce a future date for the settlements of the bets or they can consider that Biden has won since the majority has done that. Though Trump claims that the votes are falsified the majority is still with Biden making him the one to reside in White house. To be on the safer side it would be wise to just wait until the officials announce the President of USA. |
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If this is the final design of your website then I must say you need to spend your time, effort and money on redesigning the website as a whole.
The current design of the website is not attractive at all and to be honest that is the first thing any user will notice.
There's a good chance that nobody will even think of investing in your site.
Good UI/UX design will make the user spend more time on your website and eventually may lead users to invest your scheme if it seems genuine to them.
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user_id name Status posts activity activity_Met merit rank 1247226 2590147 OcTradism Active 800 476 N 406 Sr. Member New Era Newbie =+0 / =0 / -0 https://bitcointalk.org/index.php?action=profile;u=2590147
900041 pawanjain Active 2975 1400 Y 400 Sr. Member Sr. Member =+0 / =2 / -0 https://bitcointalk.org/index.php?action=profile;u=900041
Wow, thanks. It feels so good to be on the list. Hoping to achieve the Hero member rank soon. |
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Actually 1 private key creates 1 public key (point) and that point can be represented in 3 different ways: compressed, uncompressed and hybrid. if you has each representation you will get a different hash hence a different address and all are valid but some are non-standard. If 1 private key can create only 1 public key then how is @coolcryptovator able to sign the message with the nested segwit address and also able to verify it with the derived legacy address ? I have tried to sign a message from Nested SegWit address starting with '3', and there are fund and transaction history as well. But the derived Legacy address from the same private key was with ZERO balance, and there was no transaction history. Means you can only spend unspent transaction from your address and there is no chance of losing your funds from other address. How can you spend if you don't have any input in the address?
Could you please let us know if the nested segwit address and the derived legacy address are both compressed or is either of them uncompressed? you areoverthinking it. different addresses are no more than different representation of pubkey scripts. as long as your wallet application is capable of performing hash on your public key and knows how to spend certain scripts (eg. P2WPKH script) you can spend from any of the "addresses" created from your private key.
Let's assume the private key has derived two different addresses (different representation of pubkey scripts as you say). One has the Unspent outputs while the other doesn't. How can we use the second address to spend the funds from the first address ? If it's possible I wonder how the block explorer will display the inputs in the given transaction. ~snip
Thanks for this great info If 1 private key can create only 1 public key then how is @coolcryptovator able to sign the message with the nested segwit address and also able to verify it with the derived legacy address ? Because the same public key can generate a legacy address, a nested segwit address, and a native segwit address. And he isn't signing a message with an address - he is signing it with the private key. That's exactly where I am confused. Can someone please explain what's the difference between the below two statements ? Because the same public key can generate a legacy address, a nested segwit address, and a native segwit address. Actually 1 private key creates 1 public key (point) and that point can be represented in 3 different ways: compressed, uncompressed and hybrid. |
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There is nothing stopping someone from coding the Electrum message verification as an online tool and using that to verify Electrum signatures. It remains a theoretical possibility though.
Just when I was reading Pooya's post I was imagining how would it be if I would create an online verifier and use an algorithm to verify signed messages through segwit addresses. But then to derive a legacy address we would need the private key so that method won't work. I guess as Pooya said changing the "first byte of the message which is called a recovery ID" might help us execute this thing. I am already so excited I guess I would definitely give it a try. Another question though, if you can derive multiple address types from the same private key, would it cause a loss of funds if you try to spend from a derived address that doesn’t have your inputs? Or would those derived addresses have a zero balance attached to them, as if they were completely different addresses?
I thought of the exact same thing but then I guessed that it doesn't make any sense if the exact same balance is available on all the derived addresses. So it would most probably be on one of the derived address i.e. each address will have a separate balance as if a different address but a common private key. |
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so I see the problem that @pawanjain has to do with having too many accounts participating in the signature campaign and he did not plagiarize or he did and I am not seeing this thread? Neither have I ever Plagiarized nor will I ever do it. All the issues mentioned were in the past which I still regret but at the same time I took it upon myself to contribute more towards the forum. I have even started to contribute towards bitcoin core although it is not worth mentioning right now.  I see that this thread will still become another Netflix series I certainly don't want it to become a Netflix series  Still waiting for Pawanjain's answer for this, he was online but don't reply on here Not all the campaigns had a rule that alt accounts are not allowed. A few of them did have the rule and may be I overlooked  Apologies for that but it doesn't mean I always did it. I am just using this one account since a long time now and tried to contribute as much as I can to the forum. @cheater detecter - Is there any recent suspicious activity that triggered you about this account? Having said that, all other cases are okay but managing a campaign and enrolling your alt's in it is sketch as fuckk.
I know how that sounds but I was only managing the signature campaign at that time. All the rules and guidelines were from the owner of Yutu.co.in There was no such rule that Signature campaign cannot have alt accounts and besides that I had already conveyed to the campaign owner that I will be promoting the campaign myself with whatever way possible. Also, I was not paid for all the efforts I had put for Yutu.co.in. In the end I had to argue with the owners and all I got at the end was 10k yutu coins which were of 0 value as it never got launched. |
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I don't buy story when he said he has no job and difficult financial economy.
Any credit goes to @morvillz7z
How will you ? You were not there when I was going through the situation. The story is true whether you believe it or not. But over the years I have learnt a lot thanks to bitcointalk. You can also see through my progress and my contributions towards the forum. Rest is upto you guys. I cannot change the past. Besides, All those accounts you mentioned are inactive since a long time anyway. |
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