Very interesting ups and downs in terms of payment in USD specially the drop that happened after 2018. The market seems to still lack standards with payments being all over the place and still being low considering how much ads normally cost specially when they get so many impressions.
|
|
|
For sure in a 1st world country, you might not see this is streets.
Actually 1st world countries are among those with the most number of people in absolute poverty, specially these days in Europe that the economy is falling apart. For example I was reading the Guardian a couple of weeks ago where it stated that in the first 4 months of this year more than a million British families became homeless and have been sleeping on the streets.
|
|
|
Why does almost everyone seem to get buried into details like speed, its investment value and so on and so forth?
The reason is being bombarded by advertisement. When they create a new useless shitcoin they have to find a way to sell it to newbies. So they start bombarding them with a lot of fake information starting with creating imaginary problems such as "bitcoin is slow" then they pretend that their shitcoin is solving that imaginary problem "faster shitcoin", that way they encourage the newbie into buying that shitcoin thinking it has some innovation that could bring its price up from $0.0000001 to bitcoin price levels giving the newbie a lot of profit! Eventually you see the community is filled with a lot of intermediate users who are still concerned with those fake problems.
|
|
|
This is basically the whole digital currency category and its subcategories in one place: ┌─────────────────────────────────────────────────────────────────────┐ │ Digital Currency │ │┌──────────────────┐ ┌─────────────────────────────────────────────┐│ ││Centralized/Legacy│ │ Cryptocurrency ││ │╞══════════════════╡ ╞═════════════════════════════════════════════╡│ ││PayPal │ │┌─────────────┐┌────────────────────────────┐││ ││VISA │ ││Decentralized││ Centralized │││ ││Digital banking │ │╞═════════════╡╞════════════════════════════╡││ │└──────────────────┘ ││┌───────────┐││┌─────────┬─────────┬──────┐│││ │ │││ Currency ││││shitcoins│platforms│tokens││││ │ ││╞═══════════╡││╞═════════╪═════════╪══════╡│││ │ │││Bitcoin ││││BCH │ETH │... ││││ │ │││Monero ││││XRP │Cardano │ ││││ │ ││└───────────┘│││DOGE │ │ ││││ │ │└─────────────┘│└─────────┴─────────┴──────┘│││ │ │ └────────────────────────────┘││ │ └─────────────────────────────────────────────┘│ └─────────────────────────────────────────────────────────────────────┘
|
|
|
My mode went down after reading the "Shiba Inu", lol. It seems an advertisement for this shitcoin, using Bitcoin for their own benefits.
Bingo. It is a clear advertisement for that shitcoin which I'm sure they are currently bag holding otherwise there were many much bigger shitcoins available that they could have considered here instead of this weak small one to advertise in their tweet. I would also argue that usage of altcoins in ATMs is not enough to warrant installing them in first place, considering higher fees and existing better options.
|
|
|
The statements we see on the internet are mostly random made by people who make them according to their hopes and dreams and the direction that bitcoin is going. For example the "When Lambo" statements always come out when price is on the rise and the examples you mentioned about "$13k, $10k, etc." come out when there is a drop and they wish for a bigger one. We had that when price was $3k too when people kept talking about $1k and below just because they wished for it!
|
|
|
ok the. just think i join as node to the newtwork and i start mining proces. must i join with a mining pool like binance pool or somethin other pool or am i able to mine solo??
Technically you can mine on your own, you can run your own full node and construct blocks that you are about to mine yourself. But that works best if you have a lot of hashrate so that you can find a block on regular basis instead of once a month for example. But when you join a mining pool you will get paid for the work you perform regardless of whether you find the block yourself or another participant of the pool does. It is also more convenient since you don't have to run your own full node but that also means you are giving up some control over what you mine.
|
|
|
may anyone explain me please how mempool work
When you broadcast a new transaction, it has to reside somewhere in temporary memory until it is included in a new block. That temporary memory is called memory pool or mempool for short. how many mempools are there
Each full node has its own mempool that contains transactions that they verify themselves and prefer to hold.
|
|
|
Each miner, or rather the mining pool, selects transactions from its own memory pool that pay the highest fee and inserts them into a new block which they are about to mine. They do this until the block weight reaches the maximum allowed value of 4 MB. Then they update the block header that consists of merkle root hash computed using the transactions in that block, previous block header hash, version, time and nonce. Then they start mining the block. You can read more about it here: https://github.com/bitcoinbook/bitcoinbook/blob/develop/ch10.asciidoc
|
|
|
Europe doesn't have to 100% replace, but to have alternative and not to rely so much on Russian gas. That would be step in the right direction.
It is already too late to think about that. EU had the opportunity to not only find the replacement but construct the very much needed infrastructure to reduce their reliance on only one supplier of energy. They didn't go for it. Now the alternative sources aren't supplying EU with the energy they so crave. And I don't see anything wrong in using firewood to heat your home, many people still do that in rural parts of my country.
It is not feasible. For starters almost all apartments don't have any place to burn firewood to heat it up and even if they did or alterations were made, there is not enough supply of firewood to meet even a small percentage of the demand. Do you honestly think the 84 million Germans could warm themselves with firewood when temperature drops to -40 C? I kept listening that in while growing up in socialist Yugoslavia back in the 80s, how rotten capitalist west will crumble and we saw what happened.
All empires crumble eventually although not overnight, Soviet Union fell, British Empire fell, ... and the Western one has been on a downward spiral for some time now. I dare say that this could be the end of Europe unless they start making decisions independently because as long as they continue obeying US orders and play that game the result is going to continue being US and Russia benefiting from the game while Europe's economy continues crashing. That is true, Russians are used to dictators running and ruining their lives and unfortunately there's nothing they can do about it, unlike Europeans.
I don't see Europeans or others that fall under the same Western bloc do anything about their dictatorships either. For example what did the French do over the past month about their dictator? Nothing. Dozens of people were murdered by the dictatorship to silence the protesters. What did Canadians, Americans, Australians, ... do about their dictatorships? Nothing. They all suppressed their people when they opposed the authoritarian regime's with an iron fist.
|
|
|
It's not just China, all the corrupt authoritarian regimes have been making similar statements. For example the American Mouthpiece such as Fox News have been spreading basically the same doomsday propaganda against bitcoin.
This looks like a very good sign to me because it proves that Bitcoin has been very successful that it has struck fear into all these dictatorships. We are in a new stage where they feel so threatened by it that they have to start attacking Bitcoin.
|
|
|
Well differences apart, USA military equipment is still most reliable and modern in the world far ahead of what China and Russia are producing.
That's debatable but I think that would be off topic here. Gulf countries from day one have not focused on developing military themselves rather they still rely on USA for all there defense. USA is in every gulf country for there defense like Doha, Kuwait, KSA. You cant just have a strong defense by buying expensive weapons from west, it takes years of hard work and indigenization.
As I said things are very complicated. These tiny countries at the southern part of Persian Gulf are artificial countries that were created by the Western bloc and their regimes are installed by the same powers so their very survival depends on their creators. This is why we consider them US colonies and it is also why they have no choice but to remain in a cycle of selling oil <> buying useless US weapons. Unlike what you said, they aren't buying it for their "defense" the regimes are basically paying a high tax to ensure their existence. Take the Patriot defense system. Each missile costs between 3 to 6 million dollar and they shoot dozens of them to bring down an aircraft worth a couple of grand and they can't do that. The aircraft comes and drops its bombs and goes back to its base while they waste tens of millions. Then they go ahead and buy more of it despite knowing how useless it is. Why? Simply because if they stop paying that "tax" the regime that was installed by US will be replaced by another one.
|
|
|
The Texas Energy Plant explosion is another disaster for Europe in series of events to put even more pressure on EU energy sector considering that 80% of this plant's LNG supply was going to EU and it was shut off and the production in the future due to damage is going to be significantly reduced.
We keep talking about gas and its price but I think we should also start talking about coal price since more EU countries are moving towards using coal instead!!! So far 3 of them (Germany, Austria, Netherlands) have started using coal. Others are also planning on using it soon. Interestingly enough a considerable part of their coal is also imported from Russia!
|
|
|
And this is what countries that have honor and conscience do:
Good job by these two but you can't really attribute it to "honor and conscience". Just a comparison between Lithuania and Finland with most European countries like Germany shows that these two tiny countries have small population (2 and 5 million compared to 85 million) and don't have that many serious industries to need that much energy namely gas. They were also already working on importing energy from elsewhere before the war even began. For example according to worldometers, Lithuania is ranked 116th in energy consumption while Germany is 7th. Or for example the amount of energy Lithuania imported from Russia is so small that it is negligible when compared to Germany.
|
|
|
this as a response to the energy crisis they are going through.
Not an energy crisis, just the possibility of a sudden spike in electricity usage due to heat season. For years the country has heavily subsidized its electricity production, which has led to extremely low prices. He says this has now become unsustainable.
The problem isn't the low electricity price ($0.0018 per KWH) but the fact that usage has been increasing a lot faster than the capacity increase was. No matter how many fossil fuel power plants, nuclear power plants, renewable energy plants (hydro/wind/sun), etc. were built over the past year it could not keep up with the consumption increase. What matters the most is to find out how much % of the whole hashrate was coming from Iran. I would say 1% at max?
Since there is no trusted stats were ever released we can't know that for sure. But last year I did a calculation based on the amount of bitcoin that was mined in Iran and the taxes that were paid with it and I came up with a percentage around 10% of the total hashrate. I don't have the stats for this year though. That also doesn't account for home miners that are mining bitcoin at home without any license or taxes. This is only for mining farms with a license that have to pay tax.
|
|
|
You are using buzzwords that you don't even understand the meaning of. 2. there is a crypto that is solving all the problems that bitcoin and ethereum has,
HAHA. It always comes down to this. - Step one: create an imaginary problem using a lot of buzzwords - Step two: hope that people don't understand the truth about it - Step three: create a shitcoin that pretend to solve that imaginary problem - Step four: make profit by dumping after the pump ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
|
|
|
you do realize that when fiat is backed up by nothing they can just print it at will,
Since you can't just print bitcoin and the supply has a cap, then your arguments here are moot. so you might need to gamble some of your money in the crypto markets maybe buy some bitcoin and hope it goes "up".
That is irrelevant. There are always people who are gambling on anything including the direction wind is going to blow! That doesn't change the fact that bitcoin as a currency provides many utilities that gives it value and it doesn't need to be backed by anything.
|
|
|
after the submiting to the pool that transaction will be finalized . can be late but cannot be unconfirmed forever my friend
Transactions are only "finalized" if they are confirmed which means if they are included in a block. Otherwise as long as they are unconfirmed and reside in the memory pool they can be dropped or invalidated (double spent).
|
|
|
This is topic is already month old and I wonder of analytics has already confirmed or denied the theory of wheat war?
Wheat War is the worse case scenario that we are still heading towards. Right now the food prices are constantly increasing in Europe and different members of EU are reporting inflation rates that are highest in the past 4 decades! Poverty is increasing too, for example 1.5 million families reached absolute poverty and became homeless in UK alone over the past months. This also increases social unrest which can be seen in the increased number of protests around EU. If another economic shock is given to EU, like if China decided to arbitrarily shut down their ports again or oil prices soared again due to another conflict elsewhere in an oil rich region, things could escalate a lot faster and we see a big crisis in EU.
|
|
|
It looks like Europe is slowly but surely going back to the dark ages ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) It won't be just because of energy crisis but the inflation. As everyone is now going to be tighten their belts to cover food cost and utility bills the EU economy is going to continue to shrink. Then they are increasing their military budget in all this chaos! I wonder what countries like Germany are going to do when it starts getting cold again specially with their $100 billion wasted moneys on their useless militaries.
|
|
|
|