Bitcoin Forum
July 07, 2024, 10:54:47 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 [220] 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 ... 1162 »
4381  Bitcoin / Bitcoin Discussion / Re: According to Sam Bankman-Fried, some Bitcoin exchanges are insolvent on: June 30, 2022, 05:14:10 AM
We didn't need some random guy whom we never heard of tell us one of the most obvious statements just because he has a lot of money!
Cryptocurrency exchanges have always been failing after some time regardless of their size. We've had small exchanges nobody heard of go under and we also had big exchanges that controlled 85% of the trading volume go under. Saying this is going to happen again is like saying the sun is going to come back up again.

it doesn't have so much different. Usually it's just a matter of top exchanges didn't list all shitcoins, AFAIK Hotbit and MEXC are full of shitcoins that the reason why many people to use this exchanges.
Exchanges don't see things in terms of shitcoin/goodcoin, they only see it in terms of trading volume and if a coin gets a decent amount of volume or it can attract customers, they will add it. This has been the case with BSV, when it had high volume all these shitty exchanges (including the top ones) added it but when its volume dropped they all suddenly realized it is a shitcoin and started removing it while making a big show of it.
4382  Other / Beginners & Help / Re: Almost all NFTs are scam on: June 30, 2022, 04:28:42 AM
This is exactly what NFTs are today, everyone can create theirs.
NFTs (or tokens in genera) aren't bad because anybody can make their own, they are bad simply because they are useless. There is a similar case with all the bitcoin copies and they don't offer any real utilities. Tokens are similar in the sense that they are only used to raise funds so that makes them pointless since you can raise funds using other means instead of creating a token.
4383  Other / Archival / Re: WasabiWallet.io | Open-source, non-custodial Bitcoin Wallet for desktop on: June 30, 2022, 03:07:57 AM
why did you decide that YOU set what and how developers should do?
Why did you decide that developers should listen only to your opinion?
It's the opposite way around, it seems like everyone here except you are unanimously agreeing on the bad behavior of Wasabi developers. And only you are getting paid to advertise their service...
4384  Economy / Economics / Re: Russia's economy is 'imploding' on export decline, economists claim on: June 29, 2022, 01:53:31 PM
You are slightly distorting the actual events. Ukraine has successfully resisted a full-scale military invasion of Russia for 125 days.
It can be said that in four months Russia has not achieved any significant military successes in Ukraine.
I hope Ukraine can resist the invaders and take back their country but the actual events you think I'm distorting is that Russia has achieved most of its goals. Parts of Eastern Ukraine and the the strategically important South is already occupied, a little more and they'll reach Moldova finishing the first phase of the plan which is completely cutting Ukraine off from Black Sea.

You could imagine it as a useless treaty, there are many many Russian trolls all around the world
Probably all the Spanish people protesting in the streets these days in the anti-NATO rally who think it is a not only a useless treaty but it is tearing their country apart are also Russian trolls Cheesy

we are talking about TENS OF BILLIONS of dollars worth of help to Ukraine during this war.
About 40 years ago we were invaded and were being bombed every day. Meanwhile thousands of kilometers away another country that we consider a friend was invaded, they lost half of their country, their military fell very fast and the capital was surrounded and it was about to fall too. We sent them a handful of military experts (while we were still fighting ourselves against 80 countries) and shortly after they liberated their whole country by kicking the invaders out.
We are talking about ZERO dollars here.

The point is that it's important who your friends are, whether they are fake ones pretending to spend BILLIONS in aids or real ones that effectively help.
In fact our Red Crescent (that's the Iranian humanitarian organization) has been sending all the help we can manage to Ukraine from day one without hesitation or expectation. That is despite the fact that Ukraine is part of the same coalition against Iran that has imposed more than 5000 sanctions against Iranians preventing us from importing any kind of medical supplies whatsoever for decades.
4385  Economy / Economics / Re: Russian Gas ban - A problem for Europe or suicide for Russia? on: June 29, 2022, 12:48:18 PM
It can be said that almost the entire Middle East is completely controlled by the United States,
It's been changing ever since the support United States has been giving ISIS became apparent. If you check the series of events specifically in the past 2 years you can see this change. For example according to CENTCOM the attacks against US forces in middle east has increased 400% in the past 2 years, they were defeated in Afghanistan and had to escape in 2021. The Iraq's parliament passed a law that made it illegal for US to stay in Iraq and they have been almost all kicked out. In Syria the amount of land occupied by US is decreased to only a small part and every week their bases are being attacked. Even the heavily defended based in Saudi Arabia have been bombed by Yemen missiles and stealth drones.

Quote
but previously what was done by Iran to get out of the shadow of the United States was certainly not easy,
It was not easy indeed. It costed us 250000 lives in an 8-year war enduring US made chemical bombs being dropped on our cities followed by 3 decades of cold war.
4386  Bitcoin / Development & Technical Discussion / Re: testnet bitcoins? on: June 29, 2022, 12:10:38 PM
If you are sending zero value transactions, you are not testing that your code is setting the correct amount of coin, so I would not recommend implementing a test that sends zero value txs.
You don't even need actual coins to test this, in fact you should not even be testing it like this!
The correct way is first write a well decoupled code and then isolate the part where it sets the amounts, fee, etc. and then give it a mock transaction(s) to test if it sets those variables correctly.
4387  Economy / Economics / Re: Russian Gas ban - A problem for Europe or suicide for Russia? on: June 29, 2022, 04:43:26 AM
The rising energy prices and general soaring of cost of living is increasing social unrest all over Europe. In the latest series of mass protests we are seeing thousands of anti-NATO people in streets of Spain protesting the worsening situation. One of the protesters demand is removal of US military bases and other secret US terrorist bases from their country. Remember when I talked about the US biological WMD building facilities in other countries like those in Ukraine?
4388  Bitcoin / Bitcoin Discussion / Re: why can't bitcoin be based on something that has value? on: June 29, 2022, 04:11:16 AM
Let’s say 1 litre of oil is 1$.
Why should bitcoin price be affected when oil price changes? Like when the idiots in power fight each other shooting the energy price up!!!

Limited supply of Bitcoin derives the value of bitcoin and nothing else.
If that were true, any shitcoin with a limited supply would have had the same high value as bitcoin.
4389  Other / Beginners & Help / Re: When to take profit? on: June 29, 2022, 04:01:38 AM
The rest of my portfolio are altcoins and these are the ones I will be taking profits on when the market does start going up again - I understand some may not do well but as long as a few do I will be happy.
The problem with altcoin bags is that the loss is usually higher than the gain which means even if one or two of them get pumped the dumping of the rest negates that profit. Which is why I always prefer trading altcoins than bag holding them and only buy them while they are starting to pump and sell them as quickly as possible before the dumping begins. That way the profit is somewhat ensured while I always have liquidity to catch any ongoing pump. Obviously this strategy is harder and takes a lot more effort, but it has lower risk.
4390  Bitcoin / Development & Technical Discussion / Re: testnet bitcoins? on: June 29, 2022, 03:35:25 AM
In general, my opinion is that testnet3 can be abandoned just by making a better test network. Signet is a good start, but all blocks have to be signed. So, for that reason, I think the next test network should be based on Merged Mining, so you should push the test chain forward by mining the mainchain blocks, then you could make the whole network stronger, while producing some coins for testing at the same time, for the same work. Then, there would be no need to sign any blocks.
In my opinion a better TestNet environment is one with constant automatic reset with fixed difficulty. That way you won't have to download and process 2.2 million blocks (current testnet3 height) or ~28 GB also nobody would be able to hoard coins for long if the chain resets after certain height like 1k blocks. Anybody would be able to mine a block, gets its high reward and use it.

We would just have to prevent certain attacks like one person mining 1k blocks in 1 second using high hashrate. Which could be prevented to some extent by adding extra limitations to minimum time between blocks.
4391  Other / Archival / Re: WasabiWallet.io | Open-source, non-custodial Bitcoin Wallet for desktop on: June 29, 2022, 02:59:28 AM
The funny thing is; as I just said, most people's reaction is stuck in 2016 'Don't leave your funds on exchanges' - this must shift to 'Stop using centralized exchanges altogether'.
That may be because the second statement is incomplete since it needs to also offer the alternative. You can't just tell people to stop using something they need without giving them an alternative. For example we know Bisq exists but it is not popular and it doesn't offer the same options like last time I checked it didn't support stablecoins like Tether which is what shitcoin traders look for.
4392  Bitcoin / Development & Technical Discussion / Re: What is the drawback of PoS ? on: June 29, 2022, 02:47:47 AM
In fact if satoshi or others that were present at the beginning of bitcoin had decided that they would mine large amounts to dump them later bitcoin could have very easily become a shitcoin too. It is only because satoshi disappeared and locked most of the early coins forever that bitcoin did not become a shitcoin.
That only works for altcoins because they are useless so people who buy them are only buying them while they are pumping and when they dump they all abandon it effectively killing the altcoin. This is never true about bitcoin simply because bitcoin is useful so even if the price dropped and those who wished to become rich overnight sold their bitcoins, bitcoin will sill remain useful and people will continue buying it.
In other words even if the imaginary big wealth of Satoshi were sold, bitcoin would continue being useful and people bring the price back up.
4393  Other / Beginners & Help / Re: When to take profit? on: June 28, 2022, 08:56:49 AM
~I have been accumulating a lot over the last 4 weeks to bring my average price down on all the cryptos I own so that when the bull run does come it will not take a lot for me to double my investments and bank some profit.
If you are bag holding altcoins there is a good chance that you will continue seeing losses indefinitely. You should learn from newcomers in 2018-2019 who have been similarly bag holding a lot of altcoins that kept losing their value because that's what altcoins do in the long run, they continue getting dumped.
Buying more of the same shitcoins is only going increase your losses.
4394  Economy / Speculation / Re: Will the bear market be more significant on: June 28, 2022, 08:33:35 AM
this will be like the 2018, 2019 and 2020
This is exactly like 2019 when price was stuck in $3k range and idiots kept predicting price should fall down to $$1k-1.5k.

Quote
they have analysed and concluded that the bear market we are now is the worst ever since bitcoin was created.
How come this is the worst when we had bigger crashes when price goes down 87% whereas it has just fallen about 70%.

Quote
Bitcoin is not yet at $14000, is the report accurate? I think the bear market should end before any valid report. This will only result to FUD.
The report is total nonsense because nobody can predict what is going to happen next, but that doesn't stop them from shooting in the dark and hoping price actually reaches their random target so that they can earn some popularity as the only ones who "predicted" it!
Guess what happens next time the market becomes unpredictable? Everyone looks to the prophets who got lucky that one time Cheesy
4395  Bitcoin / Development & Technical Discussion / Re: Is there any useful place where OP_CODESEPARATOR is used? on: June 28, 2022, 08:20:38 AM
In exactly the same way, how you don't have to provide a public key in your output. You don't have to use "<pubkey> OP_CHECKSIG" as your output and "<signature>" as your input, you can also use "OP_CHECKSIG" as your output, and "<signature> <pubkey>" as your input.
True, but the problem is that such scripts make no sense since anybody could spend a OP_CHECKSIG output script.

Quote
So, in the same way, you can use "OP_CHECKLOCKTIMEVERIFY OP_DROP OP_TRUE" as your output, and "<locktime>" as your input.
Similarly it won't make sense to use OP_CHECKLOCKTIMEVERIFY in first place if the spender is setting it and it can be changed specially if you add OP_CODESEPERATOR which would mean it would also make the transaction malleable.

Quote
So, what about that script?
Code:
OP_DUP <minLocktime> <maxLocktime> OP_WITHIN OP_VERIFY OP_CHECKLOCKTIMEVERIFY OP_DROP OP_TRUE
That would work fine since the locking script is defining a strict condition of the locktime so it can't be arbitrary. Although I'm not sure you need the final OP_TRUE though.
4396  Bitcoin / Bitcoin Discussion / Re: Bitcoin the only option left on: June 28, 2022, 03:53:38 AM
Have these people sacrificed their sweet sleep hours in favor of embracing greed or is it a case of credulity?
It's mostly the latter combined with gambling tendencies of them.
Imagine you are a newcomer who sees bitcoin that is worth tens of thousands of dollars, then someone introduces you to something else that looks like bitcoin but is worth less than a cent. Then they tell you that this new thing is "better" than bitcoin and is going to "surpass" it or at the very least rise the same way bitcoin did only because it's price is so low.
Almost everyone presented with such a lie, accepts it. Partly because they want to believe that they are not "late".
4397  Bitcoin / Development & Technical Discussion / Re: Is there any useful place where OP_CODESEPARATOR is used? on: June 28, 2022, 03:06:58 AM
You can still change it, if it will be a part of the input script.
I don't see how.
If for example you are spending a P2SH or P2WSH output, the hash of the entire script is already locked in the previous transaction being spent and can not change without changing that transaction also.
4398  Bitcoin / Bitcoin Discussion / Re: What are the best non-custodial Bitcoin mixers available today? on: June 28, 2022, 03:00:58 AM
I know they think they're doing the right thing by cooperating with governments but giving away sensitive financial information would make Bitcoin no different than traditional banking.
Bitcoin is operating as it has been ever since day one, what Wasabi wallet is doing is rendering their own service useless.

Who needs centralized mixing services (no offense) when we already have decentralized solutions?
I suppose it is the same as CEX vs DEX arguments.
People continue mostly using centralized exchanges because they are more convenient despite their downsides while decentralized exchanges are mostly ignored due to hardship of using and low volume despite their benefits.
4399  Economy / Economics / Re: Russian Gas ban - A problem for Europe or suicide for Russia? on: June 27, 2022, 09:34:23 AM
Iran and Iraq are weak in defence that is why they have been ruled by the powers.
Iran used to be weak in 70s but no more. Today Iran is among the superpowers. Take mid 80s for example. A coalition of about 80 countries helped invade Iran but they couldn't take an inch of it, the invasion was repelled and the invaders were defeated.
Or for example on 8 January 2020, in retaliation to a terrorist attack conducted by US that killed the Iranian anti-terrorism general, Iran directly attacked 2 of the biggest US military bases destroying all US assets killing more than 140 troops and wounding 1800 more. Despite all the chest-pounding the only respond was US CENTCOM commander saying "Iran has reached overmatch and we are incapable of doing anything against them". He also calls this the largest  ballistic missile attack against United States in history.
4400  Economy / Economics / Re: Russia's economy is 'imploding' on export decline, economists claim on: June 27, 2022, 09:15:24 AM
I think that the Western countries want to show and prove that their sanctions are serious and are working, while Ukraine is pressuring them for imposing much more because the idea is to help stop the war,
It's is both funny and sad to see how Ukraine was abused by them with the promise of help while in truth they didn't do anything. Even the sanctions against Russia was a joke and they were promising actual military involvement if Russia invaded!!!

Some argue that Ukraine wasn't part of NATO but those people should check out what Lithuania was told. They basically told them that if Russia invaded their country they won't help them at all. In best case scenario they would send some aid after 180 days. By that time nothing would be left of Lithuania!!!
Even funnier than that is Finland and Sweden wanting to join this useless treaty. Cheesy
Pages: « 1 ... 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 [220] 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 ... 1162 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!