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4301  Economy / Speculation / Re: Comparing bitcoin halvings - 2012 to 2020 on: December 10, 2021, 06:52:09 AM
Hey, great post but:

First I don’t think there is enough data to use the prior halvings to predict future halvings..

I think it doesn't matter what data you have. You can't predict future price behavior. Models can give you an idea, but this is not an algorithm. We've seen enough models fail this year, and with the stock market it's the same thing. Models are useful to get an idea, and better to explain the past than to predict the future, which, when they do, is usually more by chance than by causality.

Too many things can happen in the real world that are not included in the models and influence the price.
4302  Bitcoin / Bitcoin Discussion / Re: For those holding BTC for the long haul, do you earn interest on your stash? on: December 10, 2021, 06:45:48 AM
No way. Bitcoin is already profitable enough, or at least has been so far, to risk losing it for a few percent more. I prefer to have my keys and a long-term investment vision, doing DCA, and forgetting about other returns.
4303  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: No1!!! Money makers here!!! on: December 09, 2021, 10:39:05 AM
This screams scam to me.

I hope no one is naïve enough to fall into the trap. It has too many contradictions: for starters it talks about passive income and says that you have to complete tasks, etc. It is nonsense.

I'm going to red tag the OP.
4304  Economy / Scam Accusations / Re: Localbitcoins.com is fraud and just get rid of all comments on: December 09, 2021, 08:29:12 AM
I am surprised by this. Is it the same as ever localbitcoins? I haven't used it but it used to be used quite a bit until they introduced KYC measures. In any case, I think you should provide more evidence apart from that one image, or see if someone comes to support what you are saying.
4305  Alternate cryptocurrencies / Altcoin Discussion / Re: Another pump and dump manipulation on: December 09, 2021, 07:45:16 AM
This is one of the risk in investing on new coins and tokens, they are gambling.

High risk gambling, I would say.

When people see figures like that, they think about how much they could have made if they got to buy, say $1K or $10 $0.0009702 and sold at $422.42. For that you might as well try to match the lottery numbers, which you know is not rigged. All the look of a pump and dump scheme.
4306  Other / Meta / Re: Bitcointalk - if it's not broken don't fix it on: December 09, 2021, 06:53:33 AM
I believe that this topic has already been discussed and I commented that I have seen changes in other forums... for the worse. I hope that the forum is not changed while we are at it, but it seems that it is still in the pipeline no matter how long it takes. Does anyone know if Theymos is still willing to launch a new software after all these years?
4307  Economy / Economics / Re: I think most people still trust the USD more than Bitcoin on: December 09, 2021, 06:49:25 AM
Once we all agree that it is normal for people to trust the USD more than Bitcoin, another question arises: can you imagine some time in the future where people start trusting Bitcoin more? It would be like a trustflippening. I hope to see it someday but I think it's a long way off.
4308  Bitcoin / Bitcoin Discussion / Re: Btc and darkweb and liberty reserve on: December 09, 2021, 06:47:15 AM
I take it not many people replying to this thread have looked at the darkweb stores today and what currency they are paid with. They are paid with Bitcoin or Monero. At least the ones I have seen. And it's not that I visit them a lot, I don't even have Tor installed now but I did look around to see what was there.  Logically, whoever uses bitcoin to buy weird stuff must use security measures to avoid being identified.
4309  Economy / Economics / Re: 2022 summer fed stop repo on: December 08, 2021, 02:14:48 PM
Yeah, well, I've heard that story before.

The Fed will do whatever it takes depending on the circumstances. They are announcing that now because they are seeing the clear inflation and they hope with the announcement they can moderate it a little bit, but if by stopping printing bills and buying in the repo market there is a clear economic slowdown, they will go back to printing.

I think they are in a dead end. What Nixon did worked for decades, like ponzi schemes that always work for a while, but there comes a time when the bubble gets so big that whatever you do it will burst.

4310  Economy / Economics / Re: A majority of Gen Z investors think crypto will make them millionaires on: December 08, 2021, 11:07:18 AM
I've got mixed feelings about this.

And I think they are more negative than positive. On the one hand, I think in that generation there are a lot more people who can understand what Bitcoin is and how it helps us to get rid of the clutches of governments and central banks to some extent.

But on the other hand, I think the majority of that generation doesn't see it that way. They just want to be millionaires with minimal effort. Playing games from home and recording bullshit. The fact that they talk about crypto and not Bitcoin makes me think that for most of that generation it is not a question of ideology but of wanting to make a killing.

4311  Other / Beginners & Help / Re: Will there be no more topics to write about? on: December 08, 2021, 07:43:14 AM
I don't know what this thread is doing in the B&H section.

No, of course not. The world changes and with it change the topics to discuss. Even topics already discussed can be discussed in new threads depending on events. Bitcointalk discussions will have a long life.
4312  Economy / Gambling / Re: BitVest, The worst casino I have ever seen on: December 08, 2021, 07:25:54 AM
and now you are blaming the site because of your own mistake? sending litecoin to bitcoin address? aren't you here against bitvest ?

I think OP is intentionally creating an issue against Bitvest, you send a coin to the wrong wallet then blame Bitvest for not fixing it, in the first place this would not have happened if you did the right thing, then finding fault on Bitvest because you want to justify the error you have done.

I think they are two different things. On the OP's side, he is at fault for sending his money to the wrong wallet and also it smells fishy that he already had problems in the past with the casino and continues to play there. Another thing is that, assuming it is true what he says, the support is unresponsive, which is a characteristic of Lightlord, lack of proper communication.
4313  Bitcoin / Bitcoin Discussion / Re: Bitcoiner's with Zero investment. on: December 08, 2021, 07:22:24 AM
Some bitcoiner's haven't invested a single $ in bitcoin till now, there are many early adopters who haven't invested a single dollar in cryptocurrencies.
maybe many of you who entered during 2017 bull run will not believe it, but it's true many are still here who never invested anything in cryptocurrencies.
If you are the one its beautiful to share your story as this may become an interesting talk...   

Kind of contradictory, talk about Bitcoiners who do not invest in Bitcoin. After seeing the answers, I partially agree with you that there are Bitcoiners who have not invested in the sense of exchanging their Fiat money for Bitcoin, but if we talk about the examples that have been given, for example, someone who saves everything he earns in signature campaigns, that is an investment, not a monetary one, but an investment nonetheless. Even the one who spent a lot of time collecting money from faucets was investing his time in that.
4314  Bitcoin / Bitcoin Discussion / Re: Bitcoin - Is HODL the only strategy? on: December 08, 2021, 07:18:31 AM
Nope, hodl isn't the only strategy for Bitcoin but it's for those who are scared of trading it. Only those who want to play safe go that route. Otherwise, one can safely trade to increase their quantity if they've the trading skills for it.

Hi, Mpamaegbu. You say it as if it were an easy thing (like when you say "safely trade"), and it is not, it is rather easy the opposite. In the stock market only a small percentage of traders are able to make money in the long term. I speak from memory but the percentage is less than 10% and in the crypto market it will be similar or worse, with all the volatility there is.

On the other hand, HODLing Bitcoin has given an average return of over 150% per annum. If we take into account that Buffett has a 20% return over the long term, not bad at all, eh?

Sorry, hodl doesn't grow or increase your Bitcoin. It only increases the value in price (that's if a bull rally occurs) and it can also decrease the value in price (if a bear rally occurs).

I could say the same about trading. Only increase your Bitcoin if you are one of the small percentage of traders who are able to sustain profits over the long term. If you're like the vast majority, you're going to lose Bitcoin.
4315  Other / Meta / Re: If the signature campaings are removed from the forum, will you stay or leave? on: December 07, 2021, 03:06:44 PM
I would stay on the forum, but I would post a lot more in the WO thread and a lot less in the rest of the forum, spending less time overall. Getting paid incentivizes you to write, and getting paid well, more so. I think you would notice a drop in posts from the better paid members of the forum, and I'm not just talking about the CM campaign.

I edit to say one thing I forgot: if paid signatures would disappear, and the moderation policy of the forum would be the same, looking for quality, we could clearly say: bye bye Bitcointalk. I think that for the forum to have life after removing the paid signatures, it should be possible to post in the whole forum as in the WO thread.
4316  Other / Beginners & Help / Re: How do paper wallets work on: December 07, 2021, 08:13:28 AM
Thank you Sir! As i'm very intrigued on doing that. So basically those physical bitcoins like in Casacius Coins with value, same thing they redeemed those with this kind of process?

And anyone could sell Physical Bitcoins?

I think you are confused. There is no such thing as a physical Bitcoin. There are coins that represent Bitcoin, which can be made of gold and other metals, but they are not Bitcoin, and besides, we could say that you have "physical" Bitcoin, if for example you have a paper wallet with the keys that you can import, as explained above, but in reality Bitcoins are not physical. They are not something you can touch.



4317  Economy / Reputation / Re: [self-moderated] Report unmerited good posts to Merit Source on: December 07, 2021, 08:08:43 AM
off topic: I spend (12 hours) only on the computer..
something new of course I have to share and some unique material that is not yet on the bitcointalk forum.
JayJuanGee, Thank you very much  Smiley . . .

Yeah, well, here's a tip: spend fewer hours at the computer and have more of a social life.

If you have something new and interesting not shared here yet and you share it you will get merits for sure. Just don't be in a hurry, I think you are capable of getting better and better and at some point getting merits frequently will be normal for you. But do not give in to temptation and don't plagiarize, don't cheat.
4318  Economy / Gambling discussion / Re: I won $550,000 gambling on sports this month on: December 07, 2021, 06:18:02 AM
We always see people post about losses, but I won $550,000 this month betting on sports (soccer mostly), and it has truly changed my life!

I am curious about this. I have never bet on sports gambling but I understand that it is similar to poker in that skill can make you money in the long run. I don't know if there are any programs that keep the data and show the statistics in the long term and not just for a week.

I say this because even a fish in poker can have a lucky week and then be a long term loser. I guess this will be the same.

In any case, congratulations.
4319  Bitcoin / Bitcoin Discussion / Re: Why people gone crazy about satoshi on: December 07, 2021, 06:09:08 AM
Why not?

Look at what he created. It is normal that the first few years it was not given much attention, but more than 10 years later we find an asset/currency/whatever you want to call it that has reached $1T market cap and has done so much faster than other assets. It poses a threat to governments and central banks and hence the reaction of some (in vain) trying to ban it. Others, the majority, regulating it because they have no choice and finally, others, a few welcoming it.

It is a genius invention, and the fact that Satoshi disappeared, along with the first Bitcoin mined untouched, gives a halo of mystery to the story that arouses interest, it is normal.

4320  Bitcoin / Bitcoin Discussion / Re: Jury: Bitcoin creator Craig Wright 100% Satoshi Nakamoto on: December 06, 2021, 07:20:53 PM
'Wright’s lawyer Rivero reconfirmed Wright’s plans to donate much of his Bitcoin fortune.'
If he donates, he will move them (Satoshi's coins).

I don't understand why he waited so long then. He could have signed a message, couldn't he? He didn't need to move them. If he really moves them, will he have done that to create expectation?

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